OCR for wire transfer confirmations

Alphamoon’s automation helps you obtain key data from wire transfer confirmations faster.

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The data you need, when you need it

While wire transfer are losing the battle against other forms of payment, they are still a viable payment method. Receiving large quantities of wire transfer receipts may lead to long processing time.

Alphamoon brings you a tool that firstly scans images and PDFs, and then collects data that you wish to get from the documents.

The result is an overview of key data – such as buyer’s details, account number and amount – that you can export and upload elsewhere.

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Cutting-edge tech to work with your docs stack

AI OCR

Optical character recognition converts images, such as photos or scans, into machine-encoded text. The model handles low-quality so worry not about multilingual symbols, poor image quality, and stains.

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Extraction

The core feature of our technology is the powerful data extraction component. With AI and ML at its core, entity extraction understands the context of data fields. You can also customize the fields you’d like to extract.

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Classification

Based on the contents and layout of the doc, the platform automatically labels the incoming files and sorts them. The first segmentation requires no manual work.

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Integrations

Connect Alphamoon with your stack through API or via Zapier. Add a database like Google Drive or OneDrive to source new documents straight to the document automation tool.

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FAQ

Have questions about the product? Read the most common ones, or head to the full FAQ below.

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Wire transfer receipts are commonly used to confirm a payment for a product, in a transaction between a buyer and a seller. Alphamoon brings you a reliable, highly accurate and user-friendly software for data capture from these documents. This automation may come in handy when selling to regions where wire transfers are a popular payment method, or to speed up the pending payments calculations for a more accurate view of the incoming revenue.

What formats can I process in Alphamoon?

The platform supports common file types, including PDF, DOCX, XLSX, PNG, JPG, TIFF, and emails. After data extraction, data appears in a file, ready to be downloaded as CSV or XLSX or safely imported into the internal processing system of your choice through API or Zapier.

What kind of data can be read from wire transfer confirmations?

Alphamoon deploys a “document-agnostic” technology, which means that you can upload any document and capture whatever data you need. In the case of wire transfer receipts, you can obtain data such as buyer’s details, wired amount, date of the transaction, and the account number.

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