This synchronous API extract in real-time relevant information from consolidated balance sheet documents such as the closing date.
Verifying consolidated balance sheet documents is important for several reasons. Firstly, it allows to ensure the accuracy and reliability of financial information provided by companies. It helps to detect any potential errors or inconsistencies in the financial statements. Secondly, it allows to assess the financial health and performance of a company, which is crucial for investors, creditors, and other stakeholders. Lastly, it helps to comply with legal and regulatory requirements related to financial reporting.
The API model extracts the closing date from the consolidated balance sheet document. The closing date represents the date at which the financial statements are prepared and the accounting period ends.
Maximum file size: 5 MB.
Maximum number of calls per minute: 10 calls.
For better results, it is highly recommended to provide documents
under these properties :
- The image resolution should be greater than 200 DPI
- The document must not be blurred or rotated
- In case of a scanned document, make sure that the text is clear and legible
- The entire document must be in the frame