DocParser: End-to-end OCR-free Information Extraction from Visually Rich Documents

Understand

Information Extraction from visually rich documents is a challenging task that has gained a lot of attention in recent years due to its importance in several document-control based applications and its widespread commercial value.

• The majority of the research work conducted on this topic to date follow a two-step pipeline.
• First, they read the text using an off-the-shelf Optical Character Recognition (OCR) engine, then, they extract the fields of interest from the obtained text.
• The main drawback of these approaches is their dependence on an external OCR system, which can negatively impact both performance and computational speed.