Overview

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VisionParser is an optical character recognition (OCR) tool designed to extract data from receipts and invoices reliably and accurately. The tool is powered by Generative AI, ensuring advanced precision in data extraction to minimize errors and enhance operational efficiency.

Its API is structured to be easy-to-use and developer-friendly, allowing seamless integration into existing systems using just a few lines of code. It turns any receipt or invoice into structured data, eliminating the complexities typically associated with document parsing.

The customizable nature of the service is central to its appeal, with the platform adaptable to match specific workflows and business needs including custom field extraction rules, varied output formats, dedicated processing queues, and custom validation rules.

Apart from its OCR capabilities, VisionParser ensures high availability with a rock-solid infrastructure promising 99.99% uptime and top-tier security and compliance through the implementation of advanced data protection protocols.

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Initial release

December 14, 2024

Initial release of VisionParser.

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5.0

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Pros and Cons

Pros

Minimises data extraction errors

Enhances operational efficiency

Easy-to-use API

Developer-friendly API

Seamless system integration

Turns documents into structured data

Service customisation

Custom extraction rules

Flexible output formats

Dedicated processing queues

Custom validation rules

High tool availability

99.99% uptime

Top-tier data security

Advanced data protection protocols

Receipt parsing functionality

Invoice processing functionality

Affordable OCR capabilities

Custom solutions adaptability

Supports different image formats

Supports digital and scanned documents

High accuracy rate (over 95%)

Fast processing speed (6-7 seconds/document)

Batch processing capability

Ready-to-use SDKs

Comprehensive API documentation

Provides code examples

Free trial availability

Flexible pricing options

View 24 more pros

Cons

No on-premises option

No multilingual support mentioned

No PDF processing mentioned

No real-time processing mentioned

No handwriting recognition

Limited file formats (JPEG, PNG)

Limited OCR system (receipts, invoices)

Not suitable for personal users

API integration required

Reliance on external network connectivity

View 5 more cons

Q&A

What is VisionParser?

VisionParser is an Optical Character Recognition (OCR) tool. It uses generative artificial intelligence to extract data from receipts and invoices reliably and accurately. The tool simplifies the complexities associated with document parsing and converts any receipt or invoice into a structured data.

How does VisionParser use Generative AI?

VisionParser uses Generative AI to provide highly accurate data extraction from receipts and invoices. This technology minimizes errors and enhances operational efficiency, facilitating precision in data extraction.

How to integrate VisionParser's API into my existing system?

To integrate VisionParser's API into your existing system, you can make use of its comprehensive API documentation. It is developer-friendly and can be seamlessly incorporated into your systems with just a few lines of code. An example of this is with Python; where you send a request to VisionParser’s API endpoint with the image file and api_key in the headers, and it returns a response in JSON format containing extracted fields.

Can VisionParser process any receipt or invoice?

Yes, VisionParser can process any receipt or invoice. It transforms any receipt or invoice into structured data, reducing the complexities associated with document parsing.

How can VisionParser adapt to match my specific workflow?

VisionParser adapts to match specific workflows through its customizable nature and adaptability. It can create custom field extraction rules, offer varied output formats, allocate dedicated processing queues, and create custom validation rules based on business needs.

What are the customization options available with VisionParser?

VisionParser offers various customization options to meet unique business needs, including creating custom field extraction rules for document parsing, supporting flexible output formats such as JSON, CSV, and XML, setting up dedicated processing queues, and creating custom data validation rules.

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What kind of data protection protocols does VisionParser use?

VisionParser employs advanced data protection protocols to ensure data security. This includes industry-standard encryption protocols and stringent security measures that prioritize the confidentiality and integrity of parsed data.

What is VisionParser's uptime?

VisionParser boasts a impressive 99.99% uptime thanks to a robust and reliable infrastructure.

How does VisionParser ensure high availability of its services?

VisionParser ensures high availability of its services with a rock-solid infrastructure that guarantees 99.99% uptime, thus ensuring smooth and reliable operations round the clock.

Is it possible to create custom field extraction rules in VisionParser?

Yes, VisionParser allows the creation of custom field extraction rules. This customization allows tailored extraction processes based on unique business needs.

Does VisionParser support varied output formats?

Yes, VisionParser does support varied output formats. It offers the flexibility of output formats such as JSON, CSV, and XML.

What are the business needs that VisionParser caters to?

VisionParser caters to a wide range of business needs including the need for high accuracy and speed in OCR, affordability, the need for a customizable OCR solution, uninterrupted service with high uptime, and stringent data security and compliance.

Can I set custom validation rules in VisionParser?

Yes, you can set custom validation rules in VisionParser. This is part of the customizable nature and adaptability of the service which can be modified according to the business needs.

What is the price of VisionParser?

VisionParser offers several pricing plans. The 'Basic' plan costs $15/month for 500 scans. The 'Pro' plan costs $100/month for 5,000 scans. And the 'Business' plan costs $200/month for 20,000 scans. Additional scans cost between $0.01 and $0.03 based on the plan. They also offer a free trial with 100 free scans.

How do I sign up for VisionParser?

You can sign up for VisionParser by selecting the 'Sign Up' option on their website. You may also start with a free trial to test the functionality and reliability of the service first.

Can VisionParser extract data from invoices?

Yes, VisionParser has the capability to accurately and reliably extract data from invoices. It transforms invoices into structured data.

How accurate is the data extraction process with VisionParser?

The data extraction process with VisionParser is highly accurate, achieving over 95% accuracy for standard fields like total amount, date, and merchant information.

In what format does VisionParser provide the extracted data?

VisionParser provides the extracted data in structured JSON format, along with the confidence levels associated with each field value. Flexible output formats such as CSV, and XML are available as well.

Do I need to be a developer to use VisionParser?

While being developer-friendly is a definite plus point, you don't necessarily need to be a developer to use VisionParser. The Python code provided by VisionParser for data extraction from receipts or invoices is simple and can be used by anyone with minimal programming knowledge.

Does VisionParser offer trial-period before purchasing a plan?

Yes, VisionParser does offer a trial period before purchasing a plan. They provide a free trial period of 30 days with 100 free scans, with no credit card required

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