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How Machines Read Financials: From PDF to Structured Data
The first bottleneck of automating financial-statement analysis is that machines cannot read the PDF. This article breaks down the three paths — text-layer extraction, OCR, and layout analysis — explains why financial tables are especially hard to read and why human proofreading is mandatory after OCR, and gives the design concepts of structured output (JSON schema).
300-Page Annual Report to Structured JSON: The Three Statements and Segment Data
Building on the PaddleOCR field practice, this pushes 'reading out the text' to 'usable data': locating the financial-statement pages, handling cross-page tables, field mapping and unit normalization for the three statements and segment information, JSON schema design, and a complete pipeline and checklist for automated proofreading via reconciliation relationships.