Paramount Acceptance and OCR Space Integration

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Automatically extract data from financial documents processed by Paramount Acceptance using OCR Space, then use Latenode's visual editor to build custom workflows that scale affordably. Integrate data into your accounting or reporting systems faster with low-code flexibility.

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Paramount Acceptance

OCR Space

Step 1: Choose a Trigger

Step 2: Choose an Action

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How to connect Paramount Acceptance and OCR Space

Create a New Scenario to Connect Paramount Acceptance and OCR Space

In the workspace, click the โ€œCreate 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 Paramount Acceptance, triggered by another scenario, or executed manually (for testing purposes). In most cases, Paramount Acceptance or OCR Space will be your first step. To do this, click "Choose an app," find Paramount Acceptance or OCR Space, and select the appropriate trigger to start the scenario.

Add the Paramount Acceptance Node

Select the Paramount Acceptance node from the app selection panel on the right.

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Configure the Paramount Acceptance

Click on the Paramount Acceptance node to configure it. You can modify the Paramount Acceptance URL and choose between DEV and PROD versions. You can also copy it for use in further automations.

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Add the OCR Space Node

Next, click the plus (+) icon on the Paramount Acceptance node, select OCR Space from the list of available apps, and choose the action you need from the list of nodes within OCR Space.

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Authenticate OCR Space

Now, click the OCR Space node and select the connection option. This can be an OAuth2 connection or an API key, which you can obtain in your OCR Space settings. Authentication allows you to use OCR Space through Latenode.

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Configure the Paramount Acceptance and OCR Space Nodes

Next, configure the nodes by filling in the required parameters according to your logic. Fields marked with a red asterisk (*) are mandatory.

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Set Up the Paramount Acceptance and OCR Space Integration

Use various Latenode nodes to transform data and enhance your integration:

  • Branching: Create multiple branches within the scenario to handle complex logic.
  • Merging: Combine different node branches into one, passing data through it.
  • Plug n Play Nodes: Use nodes that donโ€™t require account credentials.
  • Ask AI: Use the GPT-powered option to add AI capabilities to any node.
  • Wait: Set waiting times, either for intervals or until specific dates.
  • Sub-scenarios (Nodules): Create sub-scenarios that are encapsulated in a single node.
  • Iteration: Process arrays of data when needed.
  • Code: Write custom code or ask our AI assistant to do it for you.
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Save and Activate the Scenario

After configuring Paramount Acceptance, OCR Space, and any additional nodes, donโ€™t 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 โ€œRun onceโ€ and triggering an event to check if the Paramount Acceptance and OCR Space integration works as expected. Depending on your setup, data should flow between Paramount Acceptance and OCR Space (or vice versa). Easily troubleshoot the scenario by reviewing the execution history to identify and fix any issues.

Most powerful ways to connect Paramount Acceptance and OCR Space

Paramount Acceptance + OCR Space + Google Sheets: When a new member joins Paramount Acceptance, their application document (image) is processed by OCR Space to extract text. This extracted data is then added as a new row in Google Sheets for analysis.

Email + Paramount Acceptance + Email: When a new email arrives, search for loan application documents. Extract relevant data from Paramount Acceptance based on document content, and send a confirmation email.

Paramount Acceptance and OCR Space integration alternatives

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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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.

Paramount Acceptance + OCR Space integration

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FAQ Paramount Acceptance and OCR Space

How can I connect my Paramount Acceptance account to OCR Space using Latenode?

To connect your Paramount Acceptance account to OCR Space on Latenode, follow these steps:

  • Sign in to your Latenode account.
  • Navigate to the integrations section.
  • Select Paramount Acceptance and click on "Connect".
  • Authenticate your Paramount Acceptance and OCR Space accounts by providing the necessary permissions.
  • Once connected, you can create workflows using both apps.

Can I automate invoice processing with OCR data into Paramount Acceptance?

Yes, you can! Latenode enables automated workflows, parsing invoice data from OCR Space and seamlessly updating records in Paramount Acceptance, saving time and improving accuracy.

What types of tasks can I perform by integrating Paramount Acceptance with OCR Space?

Integrating Paramount Acceptance with OCR Space allows you to perform various tasks, including:

  • Automatically update customer data in Paramount Acceptance from scanned applications.
  • Create new Paramount Acceptance records based on data extracted from scanned documents.
  • Verify information in Paramount Acceptance against scanned ID documents.
  • Trigger Paramount Acceptance actions based on specific data found in OCR Space results.
  • Archive scanned documents linked to corresponding Paramount Acceptance records.

How does Latenode handle data security between Paramount Acceptance and OCR Space?

Latenode uses secure connections and encryption to protect your data during transfer between Paramount Acceptance and OCR Space, ensuring data privacy and integrity.

Are there any limitations to the Paramount Acceptance and OCR Space integration on Latenode?

While the integration is powerful, there are certain limitations to be aware of:

  • OCR Space has limitations on the number of pages that can be processed per month.
  • Complex document layouts may require fine-tuning of the OCR Space configuration.
  • Custom fields in Paramount Acceptance may require additional configuration in Latenode.

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