Balance Sheet OCR & Automated Workflows
Automate Data Extraction from Balance Sheets
Automate data capture from Balance Sheets with Nanonets’ AI-powered Balance Sheet OCR & machine learning. Extract data from Balance Sheets & automate workflows for related use cases.
[Request a Demo\ Get started for free
Free trial. Cancel anytime. No hidden charges.
.avif)
\ \ Watch 60s video\ \
Balance Sheet Scanner
Upload File
| LABEL | OCR |
|---|---|
| Date | extracted data will appear here |
| Company name | extracted data will appear here |
| Total balance | extracted data will appear here |
| Current assets | extracted data will appear here |
| Goodwill | extracted data will appear here |
| Common stock | extracted data will appear here |
join organisations that spend smart
Here's why you will love Nanonets
Capture Balance Sheets from Emails
Collect or forward your emailed balance sheet to your Nanonets Inbox.
Automated Data Entry
Snap a picture and Nanonets will take care of the rest.
90% straight through processing
Accurately capture predefined labels with Artificial Intelligence. Reconcile data across sources.
HOW WE CAN HELP
Use cases for Nanonets’ balance sheet OCR
Asset management
Automate Asset management workflows/processes and more.
[Learn more\
Financial planning and analysis
Automate Financial planning and analysis workflows/processes and more.
[Learn more\
Financial reporting
Automate Financial reporting workflows/processes and more.
[Learn more\
[Learn more\
WHAT WE EXTRACT
Fields that can be identified
Here are some fields Nanonets can extract by default. Say goodbye to manual data entry. Additional fields can also be extracted on request.
Date
Company name
Total balance
Current assets
Goodwill
Common stock
And many more...
When your business is your passion, don’t let data entry get in the way.
Find out how with a free trial and a demo
How we compare
Benefits of Nanonets' Balance Sheet OCR API
Traditional OCR Tools
Data Formatting
High savings
Nil or low training data
High training data
High training data
Receive documents from multiple channels
Amount of training data needed
Self-learning AI
No Template setup required
IT / API friendly
Multiple export options
Cost and Time Savings
Frequently asked Questions
Learn more about balance sheet automation & how Nanonets can help.
What is automated data extraction for Balance Sheets?
How does AI/ML improve the accuracy of Balance Sheet OCR for various formats?
Can these solutions handle different Balance Sheet layouts from various accounting systems?
What data fields can be accurately extracted from Balance Sheets using automation?
What are the key benefits of automating Balance Sheet data extraction?
Where can automated Balance Sheet data extraction be applied within an organization?
Can it support automated consolidation of financial statements?
How do Balance Sheet automation tools integrate with ERP systems and accounting software?
What are the common challenges in automating Balance Sheet data extraction?
How do automated solutions handle unstructured data or complex notes in Balance Sheets?