Infrrd AI Enabled Intelligent Document Processing for Complex Documents

The  OCR  technology has become widely popular today. Existing workflows and business processes have improved a lot after companies started adopting it. Some have even created their own versions of it to achieve better results in terms of productivity. Although, increasing the OCR accuracy isn’t something which can be done overnight but one can definitely try to do so in due course of time. So how can someone fine tune their  Optical Character Recognition  engines gradually? Well, there are different ways to attain this goal. We at Infrrd keep in mind the following tips:    1. Accuracy is achievable at a character level.    2. Accuracy is gainable at a word level. On the character level accuracy, an OCR capability is judged on how often it can recognize a right character, rather than how often it identifies a wrong character. Similarly, word level accuracy means how frequently an OCR identifies a right word. Infrrd   OCR   has different accuracy levels for the different kind of docum

When introduced, Optical Character Recognition software was considered to be a boon for businesses. Instead of manually transferring data from records, one could now simply extract data from them. Later they can enter it automatically into in-house systems. We can save hours of manual labor but there remains a caveat. Errors introduced during the extraction process remain in your system. Before we recognize and fix the errors it can stall the work for many hours. ​ OCR scanners are prone to fail when one tries to extract data from old documents. Either the fading of the print or the lack of contrast can lead the software to incorrect recognition of patterns. Additionally, most online OCR software is designed to work with English as a language. But not everybody uses English as their first language. If you travel to Europe, the script remains the same but the language differs. A smart engine OCR should be able to pick up this difference in language and adapt its data extraction algori

Does your OCR technology make sense of the data that is extracted? Traditional OCR technology provides less accuracy as it does not understand what is being extracted and hence a considerable amount of errors occur. To remove such errors it needs manual fixing which is time-consuming and will require significant resources. The AI-powered Infrrd OCR removes all such difficulties by implementing machine learning algorithms to understand the data that has been extracted and improves the output automatically. Thinking About Switching From Your Current data extraction technology To an intelligent one? Here Are 7 Questions To Consider First: 1. How accurate is your OCR data extraction? When it comes to choosing an OCR app, accuracy is one of the most important criteria. Infrrd OCR is different from other OCR software as it works on significantly improving the accuracy of the extracted data. It achieves this by learning from existing business records and extracting data in categorical c