Koncile – An AI-powered document extraction tool that converts documents into structured data

What is Koncile?

Koncile is an AI-powered intelligent OCR solution that quickly and accurately converts text from various documents into structured data. It can recognize and extract text, and with the support of advanced large language models (LLMs), it understands document content and automatically extracts key information such as invoice amounts, supplier names, and dates. Koncile supports multiple document types, including invoices, contracts, and receipts, and is compatible with formats such as PDF, PNG, and JPEG.

Key Features of Koncile

• Intelligent Data Extraction: Uses AI technology to convert text in documents into editable text, automatically extracting key details such as invoice amounts, supplier names, and dates.

• Support for Multiple Document Types: Works with invoices, contracts, receipts, bank statements, and more, across formats like PDF, PNG, and JPEG.

• High-Accuracy Recognition: Combines advanced OCR engines with AI models to achieve high-precision text recognition, even for complex layouts or low-quality documents, and supports multiple languages.

• Custom Fields and Templates: Users can define the fields they need to extract and create custom templates through an intuitive interface—no technical expertise required.

• API Integration: Provides a powerful REST API to integrate seamlessly with accounting software, ERP systems, and other applications, ensuring smooth data flow.

• Data Security: Complies with GDPR, stores data with encryption, and does not use customer data for AI training without explicit consent.

Official Website of Koncile

• Website: https://www.koncile.ai/

Application Scenarios of Koncile

• Finance: Automatically extracts key information such as amounts, dates, and account details from invoices, bank statements, and other financial documents, enabling automated classification, reconciliation, and integration with major accounting software to boost financial efficiency.

• Procurement Management: Extracts key details from purchase orders, including responsible personnel, product lists, and product codes, helping procurement teams effectively manage and control costs.

• Legal Industry: Quickly extracts critical clauses, party information, and effective dates from contracts and case files, supporting contract library creation and risk monitoring.

• Financial Services: Extracts structured data from complex financial documents to support risk management and compliance checks.

• Human Resources: Processes employee information forms, resumes, and related documents, extracting key details for HR management.