What technology does Receipt Bank use?

After submitting a document to Receipt Bank, all of the key information visible on the document is automatically extracted.

This is done by using a combination of OCR and templating technology. We are constantly improving our machine learning processes to further improve the accuracy and speed of data extraction. All document data is protected by 256-bit security code.

In some cases, the quality of our data extraction is reviewed by a human team.

You can edit any of the document data prepared by Receipt Bank before publishing or downloading to an accounting software.

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