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Automatically extract data from invoices scanned by OCR Space and update customer accounts in Paramount Acceptance. Latenode's visual editor makes this integration effortless while its pay-by-execution pricing keeps costs down, even as your business scales.
Swap Apps
OCR Space
Paramount Acceptance
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Without restriction
Create a New Scenario to Connect OCR Space and Paramount Acceptance
In the workspace, click the โCreate New Scenarioโ button.
Add the First Step
Add the first node โ a trigger that will initiate the scenario when it receives the required event. Triggers can be scheduled, called by a OCR Space, triggered by another scenario, or executed manually (for testing purposes). In most cases, OCR Space or Paramount Acceptance will be your first step. To do this, click "Choose an app," find OCR Space or Paramount Acceptance, and select the appropriate trigger to start the scenario.
Add the OCR Space Node
Select the OCR Space node from the app selection panel on the right.
OCR Space
Configure the OCR Space
Click on the OCR Space node to configure it. You can modify the OCR Space URL and choose between DEV and PROD versions. You can also copy it for use in further automations.
Add the Paramount Acceptance Node
Next, click the plus (+) icon on the OCR Space node, select Paramount Acceptance from the list of available apps, and choose the action you need from the list of nodes within Paramount Acceptance.
OCR Space
โ
Paramount Acceptance
Authenticate Paramount Acceptance
Now, click the Paramount Acceptance node and select the connection option. This can be an OAuth2 connection or an API key, which you can obtain in your Paramount Acceptance settings. Authentication allows you to use Paramount Acceptance through Latenode.
Configure the OCR Space and Paramount Acceptance Nodes
Next, configure the nodes by filling in the required parameters according to your logic. Fields marked with a red asterisk (*) are mandatory.
Set Up the OCR Space and Paramount Acceptance Integration
Use various Latenode nodes to transform data and enhance your integration:
JavaScript
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AI Anthropic Claude 3
โ
Paramount Acceptance
Trigger on Webhook
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OCR Space
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Iterator
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Webhook response
Save and Activate the Scenario
After configuring OCR Space, Paramount Acceptance, and any additional nodes, donโt forget to save the scenario and click "Deploy." Activating the scenario ensures it will run automatically whenever the trigger node receives input or a condition is met. By default, all newly created scenarios are deactivated.
Test the Scenario
Run the scenario by clicking โRun onceโ and triggering an event to check if the OCR Space and Paramount Acceptance integration works as expected. Depending on your setup, data should flow between OCR Space and Paramount Acceptance (or vice versa). Easily troubleshoot the scenario by reviewing the execution history to identify and fix any issues.
OCR Space + Paramount Acceptance + Google Sheets: This automation extracts data from loan application images using OCR Space, creates a new prospect in Paramount Acceptance with that data, and then logs the prospect's information in a Google Sheet for tracking purposes.
Paramount Acceptance + OCR Space + Slack: When a member is updated in Paramount Acceptance, the system uses OCR Space to archive their associated documents, extracting the text and creating a searchable PDF. Finally, Slack sends a notification to the loan officer, confirming the update and archiving of documents.
About OCR Space
Need to extract text from images or PDFs? Use OCR Space in Latenode to automatically process documents and integrate the data into your workflows. Automate invoice processing, data entry, or compliance checks. Latenode adds flexible logic, file parsing, and destinations to your OCR results, scaling beyond single-document processing.
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About Paramount Acceptance
Automate loan application processes with Paramount Acceptance in Latenode. Streamline credit checks and approvals by connecting Paramount to your CRM and database. Use Latenode's no-code tools and JavaScript functions to customize workflows, reduce manual data entry, and speed up decisions. Scale easily with Latenode's pay-by-execution pricing.
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How can I connect my OCR Space account to Paramount Acceptance using Latenode?
To connect your OCR Space account to Paramount Acceptance on Latenode, follow these steps:
Can I automate invoice data extraction and payment processing?
Yes, you can! Latenode's visual editor makes it easy. Extract data from invoices using OCR Space and automatically create payment requests in Paramount Acceptance, streamlining operations.
What types of tasks can I perform by integrating OCR Space with Paramount Acceptance?
Integrating OCR Space with Paramount Acceptance allows you to perform various tasks, including:
How secure is OCR Space data when processed through Latenode?
Latenode employs robust encryption and security protocols to safeguard data processed by OCR Space, ensuring confidentiality and compliance.
Are there any limitations to the OCR Space and Paramount Acceptance integration on Latenode?
While the integration is powerful, there are certain limitations to be aware of: