Frequently Asked Questions

What Is the Role of OCR in Invoice Scanning?

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OCR, or optical character recognition, is a technology that analyzes printed text and converts it into editable or searchable text. This is especially valuable when scanning invoices for accounts payable, as it allows for the extraction of key fields from each invoice, making the information more usable for business purposes.

Automating this process with OCR minimizes the need for manual data entry, resulting in significant cost savings by reducing labor costs over time.

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