To extract structured data such as transaction date, merchant name, total amount, and taxes from receipts, the best service is Azure AI Document Intelligence (formerly known as Form Recognizer). As described in the Microsoft Learn module: “Extract data from documents with Azure AI Document Intelligence”, this service applies optical character recognition (OCR) combined with machine learning models to identify and extract key-value pairs and tabular data from semi-structured documents like invoices, receipts, and forms.
The prebuilt receipt model of Document Intelligence can automatically recognize common receipt fields, including:
Merchant Name
Transaction Date
Total Amount
Taxes
Items Purchased
It outputs structured JSON that can easily be converted into spreadsheet or database entries. This capability eliminates the need for manual data entry, ensuring accuracy and efficiency in digitizing financial documents.
The other options are incorrect:
A. Face detects and verifies human faces but does not extract text or numerical data.
B. Azure AI Language analyzes text sentiment, key phrases, and entities but does not interpret scanned documents.
D. Azure AI Custom Vision is for training image classification or object detection models, not document data extraction.
Therefore, the most accurate and Microsoft-verified service for converting receipts into structured transactions in a spreadsheet is C. Azure AI Document Intelligence.
