Development of a Process to Enhance the Reimbursement Efficiency with OCR and Ontology for Financial Documents

This paper presents the development of the process to increase the efficiency of checking the financial documents for reimbursement by applying optical character recognition (OCR) and ontology. The users are able to take a photo of the receipt through the mobile phone camera after making the payment. Immediately, the system will check the completeness and correctness of the information on documents according to the standard accounting principles for disbursement which originally had to take more than a week to submit evidence and document disbursements accounting, where our processes can shorten the time frame starting from the occurrence of the transaction until the creation of disbursement documents can be reduced by more than 50%.