OCR is streamlining workflows, reducing costs, and transforming how companies leverage and analyze visual information.
Read on as we tell you more about OCR and how this image-to-text technology increases productivity in various industries.
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What Is Optical Character Recognition (OCR)?
OCR refers to the process of converting images of text into machine-encoded text.
By converting paper documents into digital format, organizations can improve data storage, sharing, and security.
Legal professionals can quickly search, analyze, annotate, and re-use information across different documents.
OCR reduces the time spent on manual data entry and document organization and improves collaboration between legal teams.
OCR solutions help retailers automate inventory management and enhance the customer experience.
OCR can scan product barcodes and prices to update catalogs and track stock counts automatically.
OCR also simplifies returns and exchanges by directly comparing the scanned and tagged items against the original receipt.
OCR converts these documents into a digital format to file, verify, approve, and archive them easily.
OCR also enables the automated tagging and classification of financial documents for fast retrieval.
As cameras, scanners, and networks advance, OCR will make more visual data accessible and actionable.
However, software can only go so far.
To convertimage into textmore accurately, contact a human-based provider like GoTranscript.
source: www.techworm.net
