Capture & extract currencies with OCR

Improve your organization’s efficiency with OCR & data extraction of currencies. Choose Klippa’s OCR to easily extract currencies from documents. Powered by machine learning.

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OCR software to extract currencies from documents

Our machine learning technology automates many business processes requiring currencies via our API and SDKs. Klippa’s OCR can extract and process currencies from all kinds of documents. 

Our software is accurate and reliable. Klippa’s currency OCR saves time and money!
Automated currency scanning and recognition
Currency extraction to text, CSV, XLSX or JSON with OCR
Currency extraction from documents and images
Determine the used currency on a document

How does automated currency extraction work?

Below is an example of the three steps our OCR software follows to automatically extract currencies from documents and images.
Bank statement OCR for BIC

Step 1 : Upload a document or image to the API

The first step is to provide an image or PDF file of a document containing a currency to our API. Usually this is done from a mobile app, email, FTP, or web application. 

The document can be sent both cropped (without background) and uncropped (with background). If the image is sent uncropped, our API automatically crops it to the right size.   
image to text ocr for BIC

Step 2 : Image to text with OCR

As soon as an image or PDF with a currency has been submitted, it is converted to a TXT file. In this step, all text from the document is extracted, but not yet structured.

Next to currencies, a variety of data can be extracted, such as: 

• Total amounts
• VAT amounts
• Line items
• Prices
• Invoice numbers
• Payment due dates

Step 3: JSON output from the API

The Klippa parser takes the TXT gained in step 2, and converts it into structured JSON by using machine learning. The JSON is returned as output from the API. The currency on the document is now extracted.

Now, the field can easily be processed into your database. Whether you are processing currencies for international business transactions, or accounting practices, Klippa is here to help you. 

The image on the left is a simplified example of the JSON response. 

Why use Klippa’s data capture software?

Reduce cost
Spend less on extracting currencies from documents and images by using Klippa.
Increase speed
Process currencies automatically within seconds.
Reduce errors
Prevent manual data entry errors with high quality extraction of currencies.
Prevent fraud
Automatically recognize errors, duplicates, and fraud.
Let's talk over the phone!
We love to explain more about Klippa via a short phone call. If you want us to call you back, just pick a date and time that suits you best.
Klippa - Call Me Back - EN
We are available for calls in English, Spanish, French, German and Dutch during office hours (CET time zone). You can reach us at +44 330 828 0642.
Which documents can you scan for currencies?
Below is a list of documents from which you can extract currencies. This is not an exhaustive list, but depends on what the client requires.
Purchase orders
Salary slips
Tax statements
Bank statements
Credit card statements
VAT statements
And many more…

Frequently Asked Questions

What does OCR for currencies cost?
The pricing structure for Klippa currency capturing depends on the document volume and the page count. Both, pay per use and monthly licenses are available. 

Get in contact with one of our experts or request a quote
Which document types can be processed automatically?
Klippa can extract addresses from any type of document. Commonly processed documents for currencies are invoices, receipts, purchase orders and bank statements.
What are common use cases?
Currency extraction can be done for several reasons, usually for accounting and financial operations, and payments.

Manually typing over currencies into your database is no longer efficient or reliable. Whatever your use case is, you can replace manual data entry with Klippa. 
Which languages does Klippa support?
Klippa supports all European languages. Our engine performs best on documents in English, Dutch, Norwegian, Danish, Swedish, Finnish, Italian, Portuguese, Spanish, German, Hebrew, and French. 

Other languages can be supported on request. We are happy to train our machine learning models to assist you.
Is Klippa currency capturing GDPR-compliant?
All services that Klippa offers are fully GDPR-compliant. By default, we use ISO-certified servers within the European Union to process documents.

If you are not located within the EU, we can also set up servers in a region of choice. 

Next to that, a data processor agreement is always in place. We don’t store any of your or your customer’s data after processing. 
Can Klippa convert documents to CSV, XLSX, XML or JSON?
Yes we can.

Klippa takes pictures of documents, or their PDF equivalents, and converts them to readable text using OCR. From there, we use machine learning to turn text into structured data.

Most of the time, we use JSON, but depending on your preference we can also convert documents to CSV, XLSX or XML.
Do you have any questions about Klippa DocHorizon? Get in touch by mail, phone or chat!
+31 50 2111631