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Automating receipt processing with deep learning

nanonets.com

31–35 of 35 posts

Re: Automating receipt processing with deep learning

#31

It's a nice overview article for anyone interested in the topic of IE from financial documents. However, for industrial level solutions Tesseract does not cut it. Abbyy is the best OCR engine on the market currently. Receipt IE works just fine with rules supported by a small BiLSTM as fallback just because receipts do not contain a lot of text. With invoices this approach is suboptimal. On a general note no DL approa…

I had abbyy a long time ago and had some uses for it so i went to the website to check out the cost and was met with this monstrosity "Protect your shopping cart downloads with Download Insurance Service. For only £11.00 you will be able to download your files for 24 months, in case you need to reinstall the products. ABBYY Screenshot Reader". Ripoff!!, I've never seen anything like it elsewhere, has anybody else?

it is the market leader and monopolist, this is what you get.

Re: Automating receipt processing with deep learning

#32

So what is the state of art? Is there a decent software available, that actually works? An app that a small company could use easily, say, for employee expense reports with reliable data parsing and automatic expense/tax calculations?

state-of-the-art is commercial :D

Re: Automating receipt processing with deep learning

#33
post #25

Is this dedicated receipt OCR significantly better then the out-of-the box OCR you get from Google Cloud Vision, Abbyy or OCR.space? As standard OCR gets better and better, the room for specialized OCR solutions is becoming smaller.

OCR is not information extraction. OCR is just the first step in a pipeline.

Re: Automating receipt processing with deep learning

#34
post #10

Earlier quoted context omitted.

> Need to digitize documents, receipts or invoices but too lazy to code? Head over to Nanonets and build OCR models for free! I think that once you go down the path of OCR'ing your own invoices, you better start a company around it.

Gonna be honest, I think it's a dead-end. The solution IMO will come from the supply side; Easier to get receipts digitally from the store / vendor / seller, than to spend all this effort on converting physical receipts to digital. Sure - there's good retro usage, I'd rather push for sellers to offer you digital receipts. In fact, I already get that from my local supermarket. My bank card is registered to their app,…

It is not as easy as it sounds. There are a lot of ppl who earn the living by doing the accounting for you and for that they use paper form. Most companies do use and are obliged by legislation to do accounting in paper form too. Paper is here to stay, for a while.

Re: Automating receipt processing with deep learning

#35

What is the point of spamming [1] HN with this low-effort content marketing for Nanonets that barely scratches the surface of the topic but instead is full of obnoxious calls to action? [1]: https://i.imgur.com/eIhwtjo.png

@Moderator - please see the attached screenshot above and take Strict actions against spammer accounts.
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