Reducto
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Hybrid OCR + vision-LLM API that extracts structured data from invoices, contracts, and financial documents at 99%+ accuracy.
Overview
Reducto is the document extraction API of choice when off-the-shelf OCR is not good enough. Its Deep Extract product combines traditional OCR with vision-LLM reasoning to handle complex invoices, long financial statements, and multi-page contracts that older OCR tools mangle. Used by AP automation builders, fintechs, and SMB accounting agencies to feed clean structured JSON into QuickBooks, Xero, or downstream agents.
Pros & Cons
Pros
- Best-in-class accuracy on long and complex documents
- Clean structured JSON output
- Strong developer experience
- Good with multi-page financial statements
Cons
- API-only, requires developer integration
- Not a turnkey product for non-technical users
- Per-document costs add up at scale