Accurate Real-time Receipt OCR

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Blog » Compare receipt OCR: Asprise vs Nanonets vs Veryfi vs Tabscanner

Since 1970s, optical character recognition has been used in more and more areas. Thanks to the ubiquitous presence of smartphones, receipts can be easily snapped and uploaded. To ensure a decent user experience, we need to recognize data on receipts accurately in a timely manner. Due to the low print quality of POS thermal printers, receipt OCR is a challenging task. Some vendors claim their solutions are "world's most advanced", "the most robust" and "the best" receipt OCR. How do they perform in the real world? In this article, we'll review the accuracy of the receipt recognition accross different providers: Asprise vs Nanonets vs Veryfi vs Tabscanner. Other providers are compared in another article: Compare receipt OCR: Abbyy vs Rossum vs Rydoo vs Taggun vs Asprise.

Input images

Two images are used in this test (click on the thumbnails to zoom):

The above are two original actual image files used (downloads: r1.jpg | r2.jpg). We'll refer the Walmart receipt on the first image as receipt #1 and the two receipts on the second image as receipt #2A and receipt #2B respectively.

For the sake of simplicity, we only check the result of the two most important data points: merchant name and total amount.

Asprise

Leveraging more than 20 years of experience, Asprise OCR offers realtime receipt OCR.

Testing steps

  1. Visit asprise.com/receipt
  2. Drop the files and the result will be displayed on the page

Asprise's receipt OCR result

Receipt #1 Receipt #2A Receipt #2B
Merchant name Total amount Merchant name Total amount Merchant name Total amount
Asprise OK OK OK OK OK OK

Observations: Asprise detects receipt #1 successfully. Asprise detects both of the two receipts on the second image.

Please refer the below screenshots for more details. (Test on: 2021-07-16)

Nanonets

Nanonets has created many blog pages about OCR. It offers OCR models for receipts and invoices.

Testing steps

  1. Visit its website and click "Get started" button
  2. Register using email; verify email
  3. Login, choose "Receipts"
  4. Click "UPLOAD FILES" and upload the two files
  5. Wait for the result and click on the image thumbnail to view the details

Nanonets's receipt OCR result

Receipt #1 Receipt #2A Receipt #2B
Merchant name Total amount Merchant name Total amount Merchant name Total amount
Nanonets OK Failed to detect Failed to detect Failed to detect Partial name detect OK

Observations: Nanonet detects the merchant name of receipt #1 but it fails to detect the total amount on it. It fails to detect receipt #2B completely.

Please refer the below screenshots for more details. (Test on: 2021-07-16)

Veryfi

Veryfi offers data extraction from receipts, invoices and other financial documents.

Testing steps

  1. Visit its homepage
  2. Scroll down the page until you see a file drop area
  3. Drop the files one by one
  4. Input your email address as requested
  5. The result will be displayed on the page

Veryfi's receipt OCR result

Receipt #1 Receipt #2A Receipt #2B
Merchant name Total amount Merchant name Total amount Merchant name Total amount
Veryfi OK OK OK OK Failed to detect Failed to detect

Observations: Veryfi detects receipt #1 successfully. It is able to separate two receipts on the second image, however it treats the two receipts as one.

Please refer the below screenshots for more details. (Test on: 2021-07-16)

Tabscanner

Tabscanner is receipt OCR service offered by Three Digital Software Trading LLC, a middle east based company.

Testing steps

  1. Visit its website and click "Instant Test Platform" button
  2. Register using email; verify email
  3. Answer all the questions in the wizard
  4. Upload the two files
  5. Wait for the result and click "view" to check the details

Tabscanner's receipt OCR result

Receipt #1 Receipt #2A Receipt #2B
Merchant name Total amount Merchant name Total amount Merchant name Total amount
Tabscanner OK OK Failed to detect Failed to detect OK OK

Observations: Tabscanner detects receipt #1 and receipt #2B successfully, however, it fails to detect #2A.

Please refer the below screenshots for more details. (Test on: 2021-07-16)

Summary

Receipt #1 Receipt #2A Receipt #2B
Merchant name Total amount Merchant name Total amount Merchant name Total amount
Asprise OK OK OK OK OK OK
Nanonets OK Failed to detect Failed to detect Failed to detect Partial name detect OK
Veryfi OK OK OK OK Failed to detect Failed to detect
Tabscanner OK OK Failed to detect Failed to detect OK OK

The result above shows that receipt OCR accuracy varies across providers. Besides accuracy, you should also consider the speed (average time taken to read a receipt) and the background of the company when choosing a receipt OCR provider.

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