Payment Processing Firm Ups its Accuracy on Invoices, Receipts, and Stamps
A global payment processing firm provides VAT tax refunds to shoppers returning from abroad. Shoppers upload receipts and the firm extracts the data necessary to process a refund.
The relevant data is in images on the receipts and invoices. These stamp images could be located anywhere on the receipt, have noisy backgrounds, be rotated any which way, and have many layouts.
Even with this kind of document complexity, it doesn’t take a person to process the receipts.
Read the use case and learn how the firm automated the VAT refund process and:
- Increased extraction accuracy by 58%.
- Increased processing speed by 15%.
- Created product innovation and differentiation.
Infrrd. Redefine Possible.
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