A Multistage Extraction Pipeline for Long Scanned Financial Documents: An Empirical Study in Industrial KYC Workflows

Structured information extraction from long, multilingual scanned financial documents is a core requirement in industrial KYC and compliance workflows. These documents are typically non machine readable, noisy, and visually heterogeneous. They usually span dozens of pages while containing only sparse task relevant information. Although recent vision-language models achieve strong benchmark performance, directly applying them end to end to full financial reports often leads to unreliable extraction under real world conditions. We present a multistage extraction framework that integrates image preprocessing, multilingual OCR, hybrid page-level retrieval, and compact VLM-based structured extraction. The design separates page localization from multimodal reasoning, enabling more accurate extraction from complex multipage documents. We evaluated the framework on 120 production KYC documents comprising about 3000 multilingual scanned pages. Across multiple OCR-VLM combinations, the proposed pipeline consistently outperforms direct PDF-to-VLM baselines, improving field-level accuracy by up to 31.9 percentage points. The best configuration, PaddleOCR with MiniCPM2.6, achieves 87.27 percent accuracy. Ablation studies show that page-level retrieval is the dominant factor in performance improvements, particularly for complex financial statements and non-English documents.