DocuClipper is a financial data extraction software designed to automate the conversion of bank statements, invoices, receipts, and other financial documents into usable data. It boasts a 99.6% accuracy rate and supports various output formats, including Excel, CSV, QBO, and integrations with accounting software like QuickBooks and Xero.
Key Features:
- High-Accuracy OCR: Extracts data from scanned and digital PDFs with precision.
- Automated Conversion: Converts financial documents to Excel, CSV, and QBO formats automatically.
- Bank Statement Analyzer: Detects fraud, missing pages, and anomalies in bank statements.
- Invoice & Receipt OCR: Captures invoice and receipt data, routes for approvals, and matches POs and bank transactions.
- Transaction Categorization: Automatically categorizes transactions by type, vendor, or custom rules.
- Integrations: Seamlessly integrates with Excel, QuickBooks, Xero, Quicken, Sage, NetSuite, and Dynamics 365.
- APIs: Offers specialized OCR APIs for invoices, receipts, and bank statements.
- Security: SOC 2 compliance, Amazon's robust servers, and AES 256-Bit SSL encryption.
Use Cases:
- Accounting & Bookkeeping: Streamline data entry and reconciliation processes.
- Financial Analysis: Gain insights into cash flow, identify recurring transactions, and generate detailed financial reports.
- Fraud Detection: Detect document tampering and anomalies.
- Invoice Processing & AP Automation: Automate invoice data capture and approval workflows.
- Financial Investigations: Extract and analyze financial data for investigative purposes.
