About

MarketScanAI - AI-powered Price Extraction, Simplified.

Extract Prices Effortlessly with Intelligent AI. Application demonstrates the capabilities of an API powered by a Large Language Model (LLM) for extracting product names and prices from documents. The solution is designed to streamline data processing workflows, enabling businesses to automate repetitive tasks and improve overall efficiency. By leveraging advanced AI techniques, the application transforms unstructured document content into structured data, which is then stored in a database for further use.

Key Features:

• Product and Price Extraction: Automatically identifies and extracts product names and their corresponding prices from uploaded documents.
• Data Structuring: Converts unstructured document content into structured formats suitable for database storage.
• Automation: Reduces manual data entry efforts by automating the extraction process.
• Integration Ready: Seamlessly integrates into existing systems for enhanced workflow automation.
• Scalability: Processes multiple documents simultaneously, adapting to the needs of businesses of any size.

Advanced Capabilities:

• Batch Processing: Upload and process up to 4 files simultaneously, perfect for handling multiple receipts or price lists at once.
• Smart Image Handling:
  • Automatic image resizing for optimal processing (max 1024px)
  • Support for modern image formats including HEIC/HEIF (commonly used by iOS devices)
  • Intelligent compression to maintain quality while reducing file size
• Flexible File Support:
  • Images: JPG, PNG, HEIC/HEIF
  • Documents: PDF
  • Data files: CSV
• Performance Optimization: Each file is automatically processed and optimized before AI analysis, ensuring the best possible results.

This API is particularly useful for businesses handling large volumes of invoices, receipts, or other transactional documents. It can extract key information with high accuracy, reducing errors and saving time. The extracted data can be used for analytics, reporting, or integration with other business systems.

Note: This is a demo version showcasing the core functionalities of the API. It can be customized and scaled to meet specific business requirements as part of a larger system.

Privacy Notice: The application does not store the contents of uploaded documents. Product names, prices and other data is stored in database.

Contact: piotr [at] MarketScanAI.com