Financial Document Table Extraction

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Financial Document Table Extraction

Table Transformer + TrOCR detecting and extracting structured tables from scanned PDFs with 96%+ accuracy.

The problem

Financial tables in scanned PDFs, with merged cells and nested structures, resist standard OCR and don't come out as usable structured data.

  • A merged cell turns one number into three garbled fragments.
  • Someone still re-types figures from a PDF into a spreadsheet by hand.
  • OCR gets the digits right but loses which row and column they belonged to.

What NEO built

NEO combined Table Transformer for table detection with TrOCR for cell-level OCR, post-processing the result into clean CSV/JSON.

Table TransformerTrOCRPDF parsing

The result

96%+ extraction accuracy

Hits 96%+ table extraction accuracy across multi-page financial documents, including irregular table structures.

Automated Table Extraction from Financial Documents Using Transformer Models

From the blog · 8 min

Automated Table Extraction from Financial Documents Using Transformer Models

A deep dive into our production financial OCR pipeline that uses Microsoft Table Transformer and TrOCR to detect, extract, and validate structured tables from PDFs and scanned documents with 96%+ accuracy.

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Extract the tables out of these scanned financial PDFs, even the ones with merged cells, and give me clean structured CSV/JSON instead of raw OCR text.

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