Automate financial data extraction 10x faster with AI

Lido is the fastest automated data extraction platform for finance teams. Upload invoices, bank statements, receipts, or any financial document and Lido extracts the data into structured columns automatically.
  • Extract data from any financial document with no templates or setup
  • Works with any invoice format out-of-the-box
  • 99%+ field-level accuracy across every layout
  • No credit card required
  • 50 free pages
Trusted by thousands of finance and operations teams
The time we save with Lido allows our focus to be directed to other tasks. We're able to handle more accounts with fewer reps.
Read the full case study ->
Elizabeth Rodriguez
Billing Manager
The fastest automated data extraction for finance teams

Our customers go live in minutes, not weeks or months. Lido's AI OCR just works for any financial document — no need for templates, manual entry, or data cleanup.

Schedule a demo today ->

Invoice data extractor

Extract key data points from invoices, bank statements, receipts, purchase orders, and financial reports into structured columns (e.g., vendor name, date, line items, amounts, totals). Customize rules like: "If the invoice currency is EUR, convert the total to USD using today's rate."

Automated email parser

Set up a shared invoices@yourcompany.com inbox and connect it to Lido. Every new incoming email will automatically be processed — attachments included.

Lido's template-free AI technology lets you process invoices from multiple vendors without hassle.
Example: AI Email Parser
Seamless integration

Import from...

Seamlessly import invoices from your desktop, shared drives, or email.

Export to...

Automatically send extracted data to Excel, Google Sheets, QuickBooks, or your ERP.

Best OCR software for finance and AP teams

If you have ever typed invoice or bank statement data into a spreadsheet by hand, you know how slow and error-prone the process is. A stack of 100 invoices can take an entire day to key in manually, and a single mistyped amount can throw off an entire reconciliation.
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Most finance teams start by looking for automated data extraction software that can read their documents. The first tools they find are template-based extractors that require you to define where each field appears on the document. These work for a single vendor's invoice layout, but break the moment you receive a document from a new vendor or institution.
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The next option is a basic OCR tool that converts the document image to raw text. It captures the characters, but leaves you to sort through unstructured text and pull out the vendor name, line items, and totals yourself. For a handful of documents this is manageable. For monthly close or weekly AP processing, it creates more work than it saves.
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The current generation — the one Lido built — uses AI that reads financial documents the way a person does. No templates to configure. No raw text to parse. Upload an invoice, receipt, bank statement, or purchase order and the software extracts the relevant fields into clean, structured columns automatically. It handles scanned documents, PDFs, photos, and email attachments on the first upload.
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Lido is the most accurate automated data extraction platform for finance. It processes documents from any vendor, bank, or institution without per-document configuration. Whether you are automating accounts payable, reconciling bank statements, or preparing audit documentation, Lido turns a stack of financial documents into structured data in minutes.
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The test is practical: upload your 10 most difficult financial documents — the multi-page invoices, the scanned bank statements, the handwritten receipts — and see what comes back. If the software needs you to define fields or clean up the output, it is a previous-generation tool.
Case Studies

Soldier field saves 20+ hours each week by automating invoice processing with Lido

Aerial view of Soldier Field stadium surrounded by greenery and city buildings in Chicago at sunset.
"What used to take us 20 hours each week now takes just 30 seconds per invoice. Lido has completely transformed our workflow."
Read the full case study -> Schedule a demo
Security

Enterprise grade security and compliance

SOC 2 Type II Compliant • HIPAA Compliant • No training on your data
What is automated data extraction for finance?

Automated data extraction for finance uses AI to read financial documents like invoices, bank statements, receipts, and tax forms and pull the relevant data into structured columns automatically. It replaces manual data entry and works without templates or per-document configuration.

What financial documents can Lido extract data from?

Lido extracts data from invoices, receipts, bank statements, purchase orders, tax forms, expense reports, financial statements, and any other financial document. It works with PDFs, scanned documents, photos, and email attachments.

How accurate is automated financial data extraction?

Lido delivers 99%+ field-level accuracy on financial documents. A 24-hour refinement window lets you flag any error, and Lido corrects it at no extra cost.

Does automated data extraction for finance require templates?

Not with AI-powered tools. Older extraction software requires a template for each document layout. Lido works without templates and handles documents from any vendor or institution on the first upload with no configuration.

Can I process financial documents in bulk?

Yes. Lido processes financial documents in bulk, handling hundreds or thousands of documents without slowdowns. Upload a folder of documents or connect an email inbox, and Lido extracts all of them automatically.

What data fields can be extracted from financial documents?

Common fields include vendor name, invoice number, date, due date, line items (description, quantity, unit price), subtotal, tax, total, payment terms, and bank account details. You can customize which fields Lido extracts.

Is automated financial data extraction secure?

Lido is SOC 2 Type II compliant. All documents are processed with enterprise-grade encryption and access controls to protect sensitive financial information.

How do I get started with automated data extraction for finance?

Upload your financial documents to Lido, define the fields you need extracted, and choose your output format. Most finance teams are up and running within minutes. No software installation or template setup is required.

Ready to start saving 20+ hours/week?

Join hundreds of finance and payables teams growing faster with Lido.
Schedule a demo
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