Affinda is trusted by some of the world's leading organisations
Want to try
the free tool?
What is a Payslip OCR data extractor?
A payslip OCR data extractor is a software tool that uses optical character recognition (OCR) and Artificial Intelligience (AI) technology to extract data from printed or digital payslips. OCR identifies and reads the text and numbers present in a payslip, converting it into a format that machines can understand, hence enabling AI-driven data extraction. AI then formats the data extracted from payslips into a structured format that can be used for a business' requirements. Businesses, accountants, and payroll professionals typically use such tools to streamline their operations. The process involves scanning the payslip, with the software then identifying and converting the relevant information such as names, payment dates, earnings, and deductions. This information can be imported directly into payroll or accounting software, eliminating the need for manual data entry.
The key benefits of using a payslip OCR data extractor include improved efficiency, accuracy, and productivity. It vastly reduces the time spent on manual data entry, thereby allowing staff to focus on more essential tasks. Additionally, it minimises errors that may result from manual data entry, ensuring more accurate financial records. Moreover, since the data extracted can be directly imported into other digital systems, it simplifies the process of data management and analysis. Hence, it can deliver significant cost and time savings for businesses in many different industries.
Step 1
Upload your documents to Affinda directly to our app, or by integrating with email or document management platforms
Step 2
Step 3
Step 4
Need an AI data extractor customised to your specific business needs? Our expert team can build a model tailored to your business workflows that integrates seamlessly with existing processes.
Employee
- Employee Name
- Employee Address
- Employee Phone Number
- Employee ID Number
Employer details
- Company Name
- Company Address
- Company Phone Number
- Company Business Number
Payment details
- Description
- Rate Hours
- Current
- YTD
- Used
- Accrued
- Balance
Line-item details
- Pay Period Start
- Pay Period End
- Pay Date
- Gross Earnings
- Gross Earnings Totals
- Total Taxes and Deductions
- Net Pay
Don’t see the fields you need above?
Innovative features that set us apart from the rest.
Superior accuracy
Over 20+ fields extracted
Supports multiple file formats: PDF, JPG, PNG
Highly flexible and customisable
Supports over 56 languages
Upload and extract in bulk
Self-learning models improve over time
Seamless upstream and downstream integration
HR professionals and payroll managers use our Payslip OCR data extractor to slash overwhelming manual data entry tasks, enhance the precision of pay calculations, and optimise payroll management processes.
Payroll service providers integrate our Payslip OCR data extractor into their systems to extract relevant payroll information accurately and quickly, enabling them to offer seamless services to their clients.
Financial advisors use our Payslip AI-powered OCR technology to quickly analyse a client's income information from their payslips, aiding in the development of personalised financial plans.
