SaaS / Accounting / FinTech
Revolutionizing Receipt Management with Indy
Since its inception in 2016, Indy has been on a mission to simplify the lives of independent professionals. Whether it’s starting a business, managing invoicing, handling expense reports, or keeping the books, Indy offers an all-in-one solution that lets professionals focus on what truly matters.
Key Results
95%
Date detection accuracy
91%
Amount detection accuracy
<1s
Extraction time
Indy is a platform launched in 2016 with the ambition of simplifying the administrative and accounting challenges faced by freelancers and independent workers. Covering every need—from business creation to tax declaration, invoicing, expense management, and daily accounting—Indy enables its users to streamline their operations and concentrate on their core activities.
Customer Profile
🗓️ Founded
2016
💼 Industry
SaaS / Accounting / FinTech
👩💼 Target Audience
Freelancers and independent professionals
⚙️ Core Features
Invoicing, expense management, accounting, tax declarations
🚀 Mission
To support independents by simplifying their administrative tasks
The Challenge
The Challenge
Before adopting Mindee’s solution, Indy’s users were burdened with manually managing their receipts and matching VAT details to bank transactions—a process that could take up to two days depending on the bank. This slow, error-prone system didn’t meet customer expectations. Users wanted to simply snap a photo of their receipt at the time of payment and let Indy handle the rest.
Our Solution
To automate receipt management, Indy integrated Mindee’s Receipt API. In a benchmark comparing six providers, Mindee quickly stood out for its exceptional performance and accuracy.
The API automatically extracts all essential information from a receipt image, including:
- Date and time
- Total amount (including VAT)
- VAT details
- Expense categories
- Supplier information
The result? Near-instant processing that eliminates manual data entry—users only need to confirm the extracted information, making the entire process far more efficient.
Results & Impact
Integration and Impact
Thanks to the Node.js package provided by Mindee’s team, integration was swift and seamlessly adapted to Indy’s tech environment. Receipt data is now captured in real time as soon as bank transactions are synchronized.
Key benefits include:
- Immediate Automation: Users snap a photo at the moment of payment, drastically reducing delays and errors.
- High Accuracy: The API delivers 95% accuracy for date detection and 91% for amount extraction.
- Exceptional Support: Mindee’s responsive and knowledgeable team has ensured a smooth, hassle-free integration.
Looking Ahead
For Indy, Mindee is more than just a vendor—it’s a trusted partner in document automation.
Beyond receipt management, Mindee’s OCR is capable of processing a wide variety of documents (invoices, passports, financial documents, etc.), which could prove invaluable for Indy as it continues to innovate and expand its services.
I can’t imagine choosing any other partner for receipt OCR in the future. Mindee’s performance and support are truly exceptional.
Boris Chabilan
Lead Product Manager at Indy
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