How Can OCR Save And In What Applications Is It Suited For?

ocr

At this point in time, where information can effortlessly flood your content management program, you may need to organize these pieces of data into an accessible and updatable system. With different technological developments emerging, probably one of the most basic technologies your system needs now is Optical Character Recognition, or just simply known as OCR.  […]

The Role of OCR and Other Document Reading Technologies in ECM

The Role of OCR and Other Document Reading Technologies in ECM

According to an IDC report, data professionals waste about 30% of their time as they cannot find, protect, or prepare data. Moreover, based on a study by McKinsey Global Institute, a worker needs about 19% of a workday to track down information to complete tasks.    In this day and age, where computers have become an […]

Improving Character Recognition Results Above Just the OCR Engines You Use

Improving Character Recognition Results Above Just the OCR Engines You Use

Today, most businesses prioritize efficiency and convenience for their operations or processes. But did you know that one way to achieve your desired business efficiency is through digitizing existing printed or written documents?    Digitization has become a norm for business operations. It converts information into a digital and computer-readable format. Moreover, digitization is a vital […]

Automation in Insurance Claims Processing in the Mailroom

Automation in Insurance Claims Processing in the Mailroom

Insurance companies’ most significant challenge is the mountains of paperwork to go through.  The insurance industry has many obstacles, including redundant and manual methods and corporate silos in knowledge, data, and business models. Data entry for insurance proposals and claims, payroll audits, the creation of insurance certificates, and invoice processing are a few areas that […]

Cost Savings and Higher Accuracy in Document Classification and Archiving

Automatic Document Classification Process

The problem of sorting and categorizing affects broad markets and numerous sectors. A common and serious issue is that everyone seems to save their documents in different folders, or even on dangerous file-sharing websites, making them difficult to discover in the future. This scenario causes havoc when people copy of documents, making it impossible to […]

Invoice Processing Automation in the Industrial and Aerospace Industry

Invoice Processing Automation in the Industrial and Aerospace Industry

Invoice processing for finance departments is challenging, especially for manufacturing, indistriual, and aerospace companies, since invoices come in large volumes and various formats, including paper invoices, PDFs, and others. Manually inputting data to record invoices into systems at these times may result in issues such as missing documents and tally errors. So, how can an […]

How is Form Processing Different from Document Processing?

Form Processing

The purposes and difficulties of processing documents and forms can collide. However, significant differences between the two fields make them distinct. Here, we wi’ll highlight their contrasts, difficulties, and backgrounds. Form Processing and Document Processing Meaning Though they appear to be the same, these two areas are different from one another. Let’s examine their definitions […]

A Reference Guide to Advanced Recognition Technologies and Their Advantages in Document Processing; Optical Character Recognition (OCR), NLP, AI, Neural Networks and the like

Document processing can be tedious and time consuming when done manually. It requires manpower which you need to pay to complete the tasks of data entry or ID verification. With these problems came a handful of solutions like natural language processing (NLP), artificial intelligence (AI), neural networks, and optical character recognition (OCR) which help organizations […]