Identify what the financial document is for
using AI
Below is a free classifier to identify what the financial document is for. Just input your text, and our AI will predict what the financial document is for - in just seconds.
API Access
import nyckel
credentials = nyckel.Credentials("YOUR_CLIENT_ID", "YOUR_CLIENT_SECRET")
nyckel.invoke("what-the-financial-document-is-for", "your_text_here", credentials)
fetch('https://www.nyckel.com/v1/functions/what-the-financial-document-is-for/invoke', {
method: 'POST',
headers: {
'Authorization': 'Bearer ' + 'YOUR_BEARER_TOKEN',
'Content-Type': 'application/json',
},
body: JSON.stringify(
{"data": "your_text_here"}
)
})
.then(response => response.json())
.then(data => console.log(data));
curl -X POST \
-H "Content-Type: application/json" \
-H "Authorization: Bearer YOUR_BEARER_TOKEN" \
-d '{"data": "your_text_here"}' \
https://www.nyckel.com/v1/functions/what-the-financial-document-is-for/invoke
How this classifier works
To start, input the text that you'd like analyzed. Our AI tool will then predict what the financial document is for.
This pretrained text model uses a Nyckel-created dataset and has 20 labels, including Asset Management, Auditing, Balance Sheet, Budgeting, Business Valuation, Cash Flow Management, Compliance Reporting, Cost Analysis, Credit Analysis and Expense Tracking.
We'll also show a confidence score (the higher the number, the more confident the AI model is around what the financial document is for).
Whether you're just curious or building what the financial document is for detection into your application, we hope our classifier proves helpful.
Need to identify what the financial document is for at scale?
Get API or Zapier access to this classifier for free. It's perfect for:
- Expense Report Classification: This function can be used to identify and classify expense reports within a financial document management system. By accurately categorizing these documents, organizations can streamline the process of expense approval, ensuring timely reimbursements and better budget tracking.
- Invoice Verification: Utilizing this identifier can help automate the verification of incoming invoices against purchase orders. By classifying invoices properly, businesses can detect discrepancies early, reducing manual labor and preventing payment errors.
- Financial Statement Analysis: This classification function can assist analysts in quickly categorizing different types of financial statements, such as balance sheets, income statements, and cash flow statements. This enables faster data aggregation for reporting and enhances decision-making processes.
- Contract Assessment: The function can be applied to identify the purpose of various contracts within a repository, such as service agreements, leases, or purchase agreements. This classification simplifies contract management and aids compliance by allowing easier access to relevant documents.
- Loan Document Review: Financial institutions can leverage this function to identify loan documents, making it easier to assess applications and track associated paperwork. This not only enhances operational efficiency but also ensures that all necessary documentation is reviewed in a timely manner.
- Regulatory Compliance Monitoring: The identifier can be used to classify documents pertinent to various regulatory requirements, such as audit reports or compliance checklists. This enables organizations to maintain accurate records and easily audit compliance with financial regulations.
- Financial Audit Preparation: The classification function can assist in organizing documents for an upcoming audit by identifying various financial documents needed for review, such as receipts, statements, and ledgers. This facilitates a more structured and efficient audit preparation process, reducing the time auditors spend retrieving documents.