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Development of Integrated Digital Accounting Platform with OCR and Automation
  1. case
  2. Development of Integrated Digital Accounting Platform with OCR and Automation

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Development of Integrated Digital Accounting Platform with OCR and Automation

spyro-soft.com
Financial services
Business services
Information technology

Business Challenges

Need to streamline accounting processes for capital companies, partnerships, and groups through automated document handling, reduced manual data entry errors, compliance with tax regulations, and improved collaboration between clients and accountants while maintaining environmental sustainability goals.

About the Client

Multinational bank offering digital banking solutions, accounting, payroll, and insurance services across 40+ countries

Strategic Goals

  • Implement OCR technology for automated invoice data extraction
  • Integrate accounting system with existing online banking platform
  • Minimize manual accounting errors through process automation
  • Ensure compliance with evolving tax and banking regulations
  • Enhance user experience through simplified document management workflows

Core System Capabilities

  • OCR-based invoice data extraction (account numbers, amounts, dates)
  • Automated payment reminders and invoice processing
  • Seamless transfer of accounting documents to accountants
  • Integrated document scanning and digital storage
  • Multi-entity accounting management interface

Technology Stack

Flutter
OCR technology
Cloud-based document storage

System Integrations

  • ING Online Banking
  • InsERT accounting system

Operational Requirements

  • Regulatory compliance (tax/banking standards)
  • High-availability system architecture
  • Data security and financial transaction protection
  • Scalable document processing capacity
  • Environmental sustainability through paper reduction

Expected Business Outcomes

Anticipated improvements include 40% reduction in manual accounting tasks, 60% faster invoice processing times, enhanced client satisfaction through single-platform financial management, and alignment with ecological digitization standards while maintaining compliance with international financial regulations.

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