Digitize Payment
Advices efficiently

with fintract OCR-API.

Streamline your Invoice workflow with our OCR Solution.

Automatic digitization of your payment advices helps you avoid potential sources of error, speed up your invoice processing, and save costs.

These days, many companies still process invoice documents manually and record data in the company’s accounting system by hand. This has a high potential for errors and costs employees a lot of time.

However, it is surprisingly easy to digitize documents such as invoices, payment advices etc., and thus automate your invoice processing. Due to AI-supported OCR technology (OCR = Optical Character Recognition), data can be automatically extracted from various document types and converted into structured data. fintract can process different document formats in the process. The results are output in JSON format and transferred to your system in real-time.

In the process, the connection via REST API interface to connected systems, such as a document management system (DMS), an enterprise resource planning system (ERP), or accounting software, is child’s play and can be implemented cost-effectively within a concise time.

How are Payment Advices digitized with fintract OCR?

We have been using our OCR successfully for several years and are continuously improving it. Therefore, text recognition of individual billing data is a piece of cake. These include, among others:

  • Document number
  • Number of the customer account
  • Name of the issuer
  • VAT number
  • Date of issue
  • IBAN
  • Total net amount
  • Total gross amount
  • Cash discount
  • Currency
  • Language
  • Invoice number
  • Invoice date

Would you like to automate more than only payment advices?

fintract OCR has already been used for many years in various business areas.
Therefore, we can guarantee fast integration, especially for the digitization of standard documents.

Invoices and receipts

Bank and credit card statements

Transfer forms

Identity documents

Extracts from the commercial register

Payment advices