Lido Review 2026
★Best for Invoices8.7
/10
Sarah Chen
Updated March 2026 · 12 min read
Verdict
Lido — Best invoice OCR tool for teams processing 500+ invoices/month from multiple vendors. Template-free extraction works immediately without training data.
✓Best for: Teams processing high-volume, multi-vendor invoices
✗Not for: Organizations requiring on-premise deployment
💰Starting at: $30/mo
Score Breakdown
Accuracy9.0
Ease of Use8.5
Pricing8.0
Integrations8.5
Versatility9.0
Support8.5
Overview
Lido is a document processing tool that specializes in extracting structured data from documents. Template-free document extraction that works immediately without training data. Excels at invoice and AP automation.
In our hands-on testing, we evaluated Lido across our standardized test set of 50 invoices, 20 receipts, 10 bills of lading, and 10 bank statements — covering both clean digital PDFs and challenging scanned documents.
Pros & Cons
Pros
- ✓Template-free extraction
- ✓Strong scanned document accuracy
- ✓Transparent pricing
Cons
- ✗No on-premise option
- ✗Smaller integration library than ABBYY
- ✗Newer company
Pricing
Lido starts at $30/mo. See our OCR Pricing Guide for a detailed comparison across all tools at different volume tiers.