Financial statements such as balance sheets, cash flow and income statements can be complex to interpret and capture relevant data from, even for human analysts. Automating this process requires an acute understanding of financial terminology and the ability to read complex financial tables. Therefore, full automation can be difficult to achieve, given the nuances in the presentation of data across different documents.
Our solution extracts data from financial documents with ultra-high accuracy. Training the model is a quick and easy process that ensures that our technology can effortlessly extract specific data from complex financial documents.
Evolution AI's technology is designed to extract data from financial documents with ultra-high accuracy. Our software is trained to interpret the visual cues on the page, much like a human would, making it possible to recognise fields with different names (e.g., 'tangible assets' might appear as 'machinery,' 'plant,' 'property,' 'inventory,' or other variations) and extract and normalise the information quickly.
The result is highly intelligent software that’s both easy and satisfying to use.
Curious about our financial statement extraction and standardisation product? Head on over to our main Financial Statements AI page.
Comprehensive QA workflow and audit log, tracking each data point to its source within a document.
Post processing rules and accountancy calculations.
Comprehensive QA workflow and audit log, tracking each data point to its source within a document.
Post processing rules and accountancy calculations.
We provide specific functionality to handle units and currency for each extracted monetary value, along with sophisticated date handling. Complex multipage tables are also properly parsed and extracted. Documents are automatically classified according to type.
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