5 Best OCR Tools for Accounting & Finance Teams in 2025

KEY TAKEAWAYS 

• Klippa DocHorizon offers advanced AI features along with fraud detection. 
• ABBYY FineReader maintains the layout so that users don’t have to do it. 
• Adobe Acrobt Pro DC can be used in the education and professional workplace sectors.
• Amazon Textract preserves table structure while recognizing keys and numbers.
• Tesseract OCR is greatly useful for programmers and coding enthusiasts. 

Accounting and finance teams are always surrounded by piles of invoices, receipts, contracts, and financial statements. Further, they have to manually type in the details, which just takes way too much time. 

But not anymore. Now, OCR (Optical Character Recognition) tools are being used, and they are quite useful. These tools turn any scanned or digital documents into editable, searchable data, which saves time. For example, they can extract data from invoices. The global OCR tool market is also said to reach $32.90 billion by 2030.

In this article, I’m going to mention 5 OCR tools for accounting & finance. So, let’s get started.

1. Klippa DocHorizon – The All-Around OCR Powerhouse for Finance Teams

Klippa DocHorizon is one of the best OCR for financial documents. It is integrated with the latest AI technology that allows it to handle paperwork faster. You just have to insert your desired receipts, invoices, passports, or whatever you want, and it will automatically scan them, extract the text, and classify information. 

This platform supports fraud detection, secure data storage, and multi-language recognition, and these are must-have features for accounting businesses. You can easily integrate it with other systems to ensure a smooth and streamlined workflow. 

It also saves costs and improves efficiency. Overall Klippa DocHorizon might just be the best OCR tool for accounting and finance. 

Interesting Facts 
Modern AI-powered OCR systems can handle various document layouts, extract key information such as dates and amounts, and integrate with accounting software for seamless digital workflows.
(Source)

2. ABBYY FineReader – Precision and Layout Retention for Complex Documents

ABBYY FineReader is a well-known OCR tool that is widely recognized for its precision while keeping the original layout of any document. FineReader can convert scanned books, legal contracts, or reports with tables, images, and columns into editable formats while keeping the structure intact. 

It also supports multiple languages and offers some of the best editing features, which make things easier for the accountants as they can work with global documents. The strong layout retention ensures that users don’t have to sit and to waste time on reformatting files. It is no surprise that OCR in finance and accounting has proven to be very helpful. 

3. Adobe Acrobat Pro DC – Familiarity Meets OCR Convenience

Adobe Acrobat Pro DC stands at the forefront of software use for PDF files.  The software is actively used in both the education and professional workplace sectors because of its familiarity as well as its advanced OCR operations and functionality. 

By performing OCR (Optical Character Recognition) on any scanned document or image, it instantly creates fully editable and searchable content, and productivity increases when the software allows for text editing to take place within a comprehensive picture file. OCR allows the use of multiple languages to guarantee the accuracy of the content.

Users can annotate, sign, and share files specifically through the Adobe Document Cloud with security protection. 

Intriguing Insights

This infographic shows the common uses of OCR technology 

4. Amazon Textract – Scalable OCR with Intelligent Data Extraction

As the name suggests, this OCR tool belongs to a huge market player, but it also has some unique characteristics that make it stand out amongst others. Amazon Textract has some distinctive features, like preserving the places of tables and rows while understanding the volume of keys and numbers. 

Also, its text scanning goes beyond the regular limits as it can generate analytical elements like forms, dashboards, etc, with structured data and no useless boundaries of keeping things intact.

5. Tesseract OCR – The Developer-Friendly, Open-Source Option

Last but not least, we are going to talk about the developer-friendly Tesseract OCR. This is the only tool in the list of OCR tools for accounting and finance that is most loved by programmers and coding enthusiasts working in the financial domain all around the globe. 

Its special attributes include the availability of its source code that can be modified and distributed under the rules of the Apache License Version 2.0. Along with these benefits, it has a very unconditional drawback of being inefficient in scanning texts in low-quality images while compared to others on this list. 

Final Words

To conclude this entire segment, we want to say that OCRs are revolutionary utilities for big enterprises and financial reforms that are working to serve millions of clients every day. Their market cap is skyrocketing as the B2B segment accounts for over 75% of the market share. 

This very statistics indicate that the massive usage of these OCR tools for accounting & finance is becoming a pioneer for enhancing overall enterprise productivity. If you are still having some doubts regarding these accounting utilities, make sure to go through this page again and keep reading for more such content!

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