How to Perform Receipt OCR and Extract Data With High Accuracy

Printed copies of receipts are misplaced easily or fade over time. However, we sometimes need them for a longer period, such as track expenses, tax audits, etc. Receipt OCR is a technology that can help extract data from receipts and make them editable and searchable.

There are many receipt OCR software that can perform optical character recognition, but not all of them guarantee accurate scans. You need software that can perform OCR on all sorts of receipts, no matter if they are wrinkly, don't have perfectly aligned text, are rotated, etc.

This guide presents in detail how to perform OCR on receipts using the best AI-backed OCR tool called UPDF. Keep reading to learn how UPDF can offer accurate data extraction.

Part 1. Can I OCR a Receipt to Extract Text from It?

Yes, optical character recognition (OCR) can extract all the text from a receipt. It can convert a physical or digital receipt image into editable and searchable digital data, which lets you easily extract useful information, such as dates, items purchased, total amounts, etc.

A reliable OCR software for receipts can even preserve the layout of the receipts, which helps maintain the original structure and organization of the data. In short, you can easily perform OCR of receipts and automate data entry and analytics activities.

Part 2. How to OCR a Receipt?

You can perform optical character recognition (OCR) of a receipt by using a dedicated receipt OCR software that can scan the receipt and pull out all the data. This is where UPDF steps in.

UPDF is an advanced AI-powered PDF editor and OCR software that performs accurate text extraction from physical or digital receipts. It can scan a receipt in 38 languages and create an editable and searchable PDF by extracting all the receipt content. Its advanced technology ensures up to 99% accuracy.

Other than the built-in OCR feature, UPDF also offers another way to extract text. You can use its AI assistant and ask to extract entire or specific text from the receipt. For example, if you only want to extract the list of items, you can ask AI to extract just the item names and their corresponding prices.

Try UPDF today and OCR your receipts within seconds!

Why Use UPDF for Receipt OCR?

UPDF is an all-in-one tool that fulfills the scanning process for almost any type of receipt. Here are the key features you can access with UPDF:

• AI-Powered OCR: Perform AI-backed OCR of receipts in 38 languages and generate accurate editable and searchable PDFs.
• Preserve Layout: Preserve the layout and graphics of the receipt while performing OCR.
• Fast OCR Speed: Easily and quickly perform OCRs to any size file.
• OCR Multiple Receipts: Merge multiple receipts into a single PDF and then perform OCR simultaneously.
• OCR through AI Chat: Built-in AI assistant that can extract entire or specific text from the receipt.  
• Convert to Other Formats: Convert receipts to other editable forms, such as Word, Excel, PPT, text, HTML, etc.
• Compatibility: Dedicated apps for Windows, macOS, iOS, and the web (AI chat feature only).

Feel impressed with UPDF's exceptional capabilities as a receipt OCR software? Below are the two methods and their detailed steps to use UPDF for receipt OCR:

Method 1. Use UPDF's OCR Feature

On Desktop (Windows/Mac)

Step 1. Install and launch UPDF on your computer (Windows/Mac). Click File > Create > PDF from Image and select the single or multiple receipts.

Step 2. After generating the PDF, click the "OCR" option from the right panel and customize the following settings:

• Select "Searchable PDF" under the Document Type.
• Adjust the layout settings as per your preference, such as Text over the page image, Text under the page image, etc.
• Specify the document language and image resolution.

Once done, click "Perform OCR".

Within seconds, UPDF will generate a new PDF that includes editable and searchable receipts text.

On iPhone

Step 1. Install and launch UPDF for iOS app from App Store. Select "Scanner" and then choose "Document mode".

Step 2. Use your camera to capture the image of the receipt. The app will automatically capture and crop the image when the camera is placed over the receipt.

Step 3. In the next window, you can manually rotate, crop, resize, and do other edits. Afterward, click the "Download" icon from the top-right corner to save the document.

Step 4. When you return to the Scanner interface, click the three dots next to the file and tap "Convert to PDF" to get a PDF.

Step 5. Open the newly generated PDF, long-press on the opened file, and click "OCR".

Once the OCR is completed, you can easily select and copy any text from the receipt.

Method 2. Use UPDF's AI Chat Feature

Step 1. Launch UPDF and drag and drop the receipt into the tool to create a PDF.

Step 2. Click the "UPDF AI" icon from the bottom right corner and then tap the "Chat" tab.

Step 3. Use the image icon in the chat box to upload the image and then enter the prompt asking the AI to extract text, such as "Extract the entire text from the receipt" or "Extract only the list of purchased items and their prices". The AI assistant will intelligently pull the required information.

This way, UPDF's receipt OCR software provides multiple easy and fast ways to perform OCR on receipts and get editable files or pull the text. Download UPDF and give its AI assistant a try yourself.

Also Read: How to Edit a Receipt >>

Conclusion

Receipt OCR is a perfect way to extract text from receipts and automate data entry, analysis, and other activities. Above, we have learned how UPDF's OCR and AI assistant provides a convenient and reliable way to pull out text from receipts with high accuracy and different customization options. Therefore, it's time for action! Install the UPDF's desktop or mobile app and perform OCR on receipts with simple clicks.