Description

Lido is a cutting-edge AI-powered OCR solution designed to simplify and accelerate the process of converting PDFs and financial documents into Excel spreadsheets. Created with finance and operations teams in mind, Lido replaces time-consuming manual data entry with automated, accurate data extraction—saving hours of work while reducing errors.

Key Features:

AI-Powered OCR: Lido accurately reads and extracts information from both scanned and digital PDFs using advanced AI technology.

Custom Extraction Rules: Tailor data output with rules that format vendor names, categorize transactions, or adapt to specific reporting needs.

Smart Table Detection: Identify and convert tables from PDFs into structured Excel data by selecting target areas on the page.

Automated Data Cleaning: Standardize figures, correct inconsistencies, and auto-categorize content to maintain clean, usable datasets.

Pros:

Time-Saving: Processes large batches of documents in minutes, freeing up teams for higher-value tasks.

High Precision: Delivers near-perfect accuracy, minimizing the risk of human error.

Scalable for Teams: Handles growing workloads without adding headcount.

Intuitive Interface: Easy for both technical and non-technical users to operate.

Cons:

Learning Curve: Advanced customization options may require some initial setup and familiarization.

Desktop-Focused: Lacks mobile support, which can limit remote access.

Limited Integrations: Currently offers restricted connectivity with third-party platforms.

What Sets Lido Apart:

Lido’s standout feature is its ability to customize data extraction rules, giving finance professionals granular control over how information is interpreted and structured. With support for both scanned and native PDFs, and a focus on accuracy and efficiency, Lido is a powerful asset for teams looking to optimize their financial workflows.

Conclusion:
Lido is a robust solution that empowers finance and operations teams by turning complex, unstructured financial documents into clean, ready-to-use Excel data—efficiently and reliably.