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Financial report tool: OCR

  • maxwellapex
  • Sep 11, 2025
  • 1 min read

OCR stands for “optical character recognition”, and is usually used for unstructured data like financial reports. Continuing from the last topic, if we want to deal with data on reports, we can use OCR to fetch data, and save it as tabled document like .csv. The OCR tool can be a python package, or commercial software like ABBYY or Adobe. Both are good and accurate in my opinion. However, considering about users’ privacy, I will suggest using own OCR tools, especially when you do not want others to check it for you. As mentioned, this could be a challenging yet interesting task, and I will keep working on it.  

 
 
 

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