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

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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