OCR & AI

AI extraction of dates and amounts: reliable data without re-keying

AI fills in the record. You check dates, amounts and notice periods. Less copy-pasting, more useful decisions.

By DocPilot team1 min read
Diagram of dates and amounts being automatically extracted from a document

Re-keying is the number one hidden cost of document processing. AI extraction reads the content and proposes the record’s fields — a core use of AI for business documents.

What actually gets extracted

  • Business identifiers (reference, contract number)
  • Parties (supplier, customer, signatories)
  • Dates (signature, effective date, end date, notice period)
  • Amounts and currencies
  • Proposed status (draft, pending approval) depending on the process

Reliable without slowing down

Extracting everything does not mean trusting everything. Critical fields go through human confirmation — especially amounts and deadlines. See confidence score and governance.

A measurable gain

Measure the time from receipt to a complete record, and the rate of human corrections. That is the basis for a credible document AI ROI — before scaling up the volume.

Frequently asked questions

Which fields should be extracted first?
Type, parties, document date, effective date, expiry or notice period, amount, currency — depending on the type of document.
What if the amount is ambiguous?
Always double-check high-stakes fields. The confidence score and the highlighted source area help you focus.
Does extraction replace OCR?
No: OCR provides the text; extraction structures the fields. The two run one after the other on scans and photos.

Complete the record without re-keying

Upload a PDF to DocPilot: DocpilotAI proposes dates and amounts, you confirm.

Free resource

Download the checklist: 25 points to set up effective contract management.

Download the checklist