Make the most of OCR and the highly effective GPT-4o mini mannequin to carry out info extraction on receipts
On this article, I’ll present you the best way to extract info from receipts, giving a easy picture of the receipt. First, we’ll make the most of OCR to extract info from the receipt. This info will then be despatched to the GPT-4o mini mannequin for info extraction. My objective for this venture is to develop an software that may assist cut up a invoice amongst associates just by taking a picture of the receipt and deciding on which gadgets belong to which particular person. This text will give attention to the data extraction a part of this objective.
It’s a trouble to undergo receipts and calculate everybody’s share, for instance, after visiting eating places. I’ve encountered this drawback quite a few occasions and subsequently needed an answer to make the method more practical. I subsequently considered the BillSplitter software. The concept is {that a} consumer can take a picture of a receipt, the applying will make the most of OCR and language fashions to course of the receipt and extract every merchandise and the corresponding value, and the consumer can merely choose which particular person ought to pay for which merchandise. Finally, the consumer receives an outline of how a lot every…