Finoroyal OCR + NLP engines turn bank receipts and SMS transactions into precise accounting entries — in seconds with minimal human input.
Manual processes aren’t just slow — they impose many hidden costs on the organization.
Finance teams face a huge daily volume of receipts, SMS, and bank files — manual processing is slow and error-prone.
Manually matching hundreds of bank transactions with internal documents costs hours of finance-team time and is error-laden.
A typo in amount, date, or account number triggers a chain of discrepancies and wrong reports.
Spotting duplicate or tampered receipts with the human eye is hard and can lead to double payments.
A powerful combo of text- and image-understanding AI to fully automate your financial processes.
Our advanced tech automates every step so your team can focus on analysis, not data entry.
Smart understanding of bank SMS and notifications to extract structured data. The system handles the varying formats of different banks.
Our powerful OCR engine extracts key data — amount, date, reference number, source bank — from photographed paper receipts and screenshots.
AI assigns a confidence score to every extracted field; low-confidence items go to a human operator for final approval.
Smart matching algorithms compare each entry to the database before posting; the system warns on similar or duplicate documents.
From image upload to final posting — in seconds with minimal human input.
Send the receipt image or SMS text into the system.
OCR and NLP engines run in parallel to extract data.
A draft accounting entry is created with confidence scores attached.
Visual review only for low-confidence items.
The entry is committed to the accounting system and reports are refreshed.
Get a personalized demo and see how Finoroyal AI frees your team’s time.