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Extracting structured data from invoices

2018-12-01ALTA 2018Unverified0· sign in to hype

Xavier Holt, Andrew Chisholm

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Abstract

Business documents encode a wealth of information in a format tailored to human consumption -- i.e. aesthetically disbursed natural language text, graphics and tables. We address the task of extracting key fields (e.g. the amount due on an invoice) from a wide-variety of potentially unseen document formats. In contrast to traditional template driven extraction systems, we introduce a content-driven machine-learning approach which is both robust to noise and generalises to unseen document formats. In a comparison of our approach with alternative invoice extraction systems, we observe an absolute accuracy gain of 20 \% across compared fields, and a 25 \%--94 \% reduction in extraction latency.

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