Financial documents, which are heavy in numbers, are an integral part of accountants’ daily work. To process orders from buyers, they will work closely with purchase orders containing the item list and quantity to be purchased. To process a payment, they will use invoices containing the total prices that must be paid.
Amid their routine of financial document management, a challenge continues to occur. Manually inputting numerical data requires substantial time and effort, not to mention it is prone to errors. This situation calls for a cost-effective solution to help them extract numbers from PDF to Excel file more efficiently.
Avoid losing more time, seamlessly integrate OCR to enhance your data entry process. OCR has cutting-edge number recognition for faster spreadsheet filling. Most important, it will lead you to efficient document processing.
Why use OCR?
OCR is a technological tool that converts information on images or documents into machine-readable data. Its rapid processing enables you to collect digital datasets in seconds.
OCR by Fintelite is now advanced with a higher accuracy level, allowing you to automate data entry worry-free. Just upload your PDF, process, and export the extracted numbers in an XLS file seamlessly. We let you customize the XLS result to fit your existing Excel database.
For this purpose, there are numerous OCR benefits you can experience, such as:
- Streamlined workflow
Automatically capture essential data at a faster pace, and save more steps in managing document records significantly
- Lessen human error
Reduce the need for manual hands-on involvement, minimize the risk of human error.
- Better access to financial data
Digitize your documents into computer-readable data, enabling easier access, editing, and calculation.
Types of financial documents that can be extracted from
The latest advancements of OCR allow you to process documents with varying layouts and structures. Fintelite OCR now supports data extraction from any templates without prior training. Here are several examples of financial documents that you can efficiently process using OCR:
- Invoices
- Purchase Orders
- Financial Statements
- E-statements
- Receipts
- Financial report
- Tax invoices
Step by step to extract numbers from PDF to Excel
Let’s see how you Fintelite can make your task a lot easier.
Sign up or register with your Google account for free access to our OCR dashboard.
- Select document type
Choose what documents you want to process, or try customizing with our pre-built templates if the document type you’re looking for is not among the available options.
- Upload PDF documents to extract
Simply upload your PDF document to start extracting the data. Your document will be processed in a matter of seconds.
- Preview the results
Then find the outcomes in scanned files. Review the extracted data in detail by clicking on your file.
- Download the results in XLS
Lastly, check off any files you want to export. Click the ‘Download XLS’ button, adjust the columns, tailor the page structure, and download the results in a customized XLS file.
Explore the full features of Fintelite OCR for efficient data extraction
