The Financial Documents API is an application programming interface that allows developers to access and integrate functionalities for processing financial documents, such as invoices and receipts, within software applications. It automates tasks like document retrieval, parsing, and data extraction for streamlined financial processes.
Financial Documents is an expanding market that counts many providers offering those services, but their performance may vary from one provider to another depending on your files. They also have different costs and processing times: it is in your best interest to test a variation of them before choosing the right one.
By aggregating several Financial Documents providers on a single API, Eden AI allows you to use different engines at the same time depending on the type of file you wish to analyze.