Smart Engines, an OCR solutions developer, has announced an expansion of Smart Document Engine SDK by adding payment slips as a new document type for its automatic scanning. The integrated solution will help entities reduce the reliance on manual data entry and make payment procedures in several European countries more efficient. The software instantly detects the payment slip while scanning in a video stream and in photos.
Payment slips, a common payment form in the European Union, contain plenty of information and various fields to transcribe: currency code, amount, document date, account type, IBAN, etc. Developing scanning algorithms for payment slips to help users avoid the nuisance of manual data entering has become increasingly sought after by many of our customers. As stated, a lot of companies worldwide receive payment slips in paper or digital format and input all the data manually. Thus, at a high request, Smart Engines now provides its clients with outstanding technology for European payment slips scanning. With this software, the users are able to make any payment quickly by pointing the camera of their mobile phone to the payment slip, and all the data is digitised automatically. The state-of-the-art technology recognizes all the document fields, as well as the barcode if present from any electronic format.
The new feature of payslips recognition is available in Smart Document Engine SDK 1.4.0. The document scanning is run directly on end-user devices in offline mode without network data transmission to third-party services for manual input, which allows companies to provide their customers with the security of processing personal and sensitive data. Smart Engines software has proved to be very useful for organizations that operate with data and documents handling.
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