The Next Generation of Receipt Extraction
Parascript’s solution includes support for location and extraction of key receipt data: date, vendor name, payment type, city, state, tax and total. To handle your hotel receipts, it extracts dates, taxes and totals. For restaurant receipts, it also easily extracts the printed or handwritten tip and total amount. Handwritten information is reliably captured including pre-defined categories, account numbers, and other data useful to aid with proper automated categorization of each receipt to match a particular expense category.
Advanced Automated Classification
Use advanced content and visual classification to easily separate receipts from other supporting documents without the need for manual document sorting. You can even distinguish between specific vendor receipts with our logo matching. Leveraging classification, receipts undergo their own processing within the same workflow.