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Financial Statement Identification Solution

2021-09-28 13:27:41

Financial statements are accounting statements that reflect the capital and profit status of an enterprise or budget unit over a period of time. The types, formats, and reporting requirements of China's financial statements are all regulated by a unified accounting system, which requires companies to prepare and report on a regular basis. Analyzing the articulation between corporate financial statements has always been the most important part of the banking and financial industry, whether it is bank review of loans or securities investment. In this process, the focus of people's attention was "entry of financial report information." The high error rate of manual entry made the results labelled "unbelievable", which brought many difficulties to banks' loan review and securities investment.


Applicable Scene:

Bank: when applying for a loan from a bank, the customer manager will ask the enterprise to provide three major financial statements to them to see whether they meet the requirements of bank lending. For enterprises that have obtained bank loans, banks will require enterprises to provide three major financial statements quarterly or monthly.


Securities trader: listed companies are required to publish quarterly, semi annual and annual reports according to regulations. The important part contains three financial statements, which can be seen by all the public.


Based on the current situation of low efficiency, heavy task and error prone of manual input of financial report information, Sinosecu report recognition system relies on professional and cutting-edge AI character recognition technology and image processing technology to realize financial report recognition and input, automatic classification and multi format import, and solve the problems of low efficiency, error prone, diversified financial report formats and unsupported formats of manual input information.

Support Multiple Financial Reporting Formats

For the import format supported by the system, if the financial report recognition system can only recognize a single JPG format, it is not a financial report recognition system, and it does not have the conditions to adapt to different scenarios and meet diversified needs. Sinosecu financial report identification system supports the upload and identification of report files in JPG and PDF formats. In addition, the system also supports the identification of financial report screenshots and financial report photos, which makes the financial report identification system more valuable.

Classification and Identification of Financial Statements

Financial statements are divided into balance sheet, income statement and cash flow statement. For different types of financial statements, Sinosecu financial report identification system can automatically distinguish types and identify reports in different formats. Users only need to import financial reports through the system.

Complex Report Identification

When there is too much information to hold a financial report, there will be a continuation table. The format of these reports is different from that of conventional reports, which increases the difficulty and challenge for manual entry of financial report information.

However, for Sinosecu financial report recognition system, the recognition and extraction of complex statements are as simple as financial reports. For the continuation table, although the content is not on a financial report, in order to realize the integrity of the data, the Sinosecu financial report recognition system will automatically determine and output the recognition results in an XML.

        Red chapter filtering and subject dictionary matching make the recognition more accurate.

Support Filtering Red Chapter

The red chapter in the financial report will cover part of the financial report content. It is difficult for the naked eye to distinguish the covered financial report content through the red chapter. For the financial report recognition system, the existence of red chapter also brings great challenges to the recognition accuracy. Whether there are unrecognizable or recognition errors is the most concern of users.

Fortunately, sinosecu financial report recognition system has the function of filtering red chapter, which can filter the interference of red chapter with high precision, so as to provide an ideal recognition environment for OCR technology and accurate recognition results for users.

Financial Report Subject Dictionary Matching

In terms of market competition, Sinosecu financial report recognition system has the advantage of advanced financial report subject dictionary matching function, which is powerful and widely used. When Sinosecu financial report recognition system recognizes financial reports, on the one hand, intelligent OCR technology can accurately identify various item information in financial reports; On the other hand, the system will search and match the recognition results with the information in the subject dictionary to ensure the overall recognition rate of the financial report.

Sinosecu financial report recognition system is developed according to the real needs of credit and in combination with the characteristics of financial statements. It aims to provide the industry with financial report information digitization solutions and improve the efficiency of credit review through AI character recognition technology and image processing technology. If you have any need, you can call the contact number below to contact us at any time.