![]() What is OCR?įrom capturing business cards to extracting incoming invoices from supplier emails, optical character recognition systems specialize in turning printouts into pixels via pattern recognition and electronic capture of visual information. Understanding how it works can help you take full advantage of its capabilities as part of your automation and process optimization goals. ![]() OCR technology has a range of uses-including a key role in basic accounts payable (AP) automation. Optical character recognition (OCR) helps meet this need by automating data extraction and conversion of analog text documents to machine readable text. But with plenty of information still generated and stored in paper-based, analog formats, companies need tools that can bridge the gap, turning printed text and scanned paper documents into digital files. Emerging technologies such as robotic process automation (RPA), artificial intelligence (AI), and analytics are rapidly steering the global economy toward new digital frontiers.
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