Here is How Infrrd OCR Tool Is Making A Difference

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 algorithm to suit that language. Infrrd’s OCR tool is built to handle problems that traditional text recognition software can’t.
WHAT CAN INFRRD OCR TOOL DO?
We can use Infrrd OCR tool to scan and extract data from a wide range of documents. If your interests lie in the automatic reading of receipts, invoices, utility bills, passports or other licenses, bank statements or product sheets, Infrrd can scan them all without much hassle. To add to this, Infrrd OCR tool could extract details from PDF to OCR including handwritten documents.
Unlike the traditional methods of OCR converter, which requires you to buy highly specialized scanners and install them in locations, where they could be easily trained and checked upon, Infrrd makes the job extremely simple by working through a regular smartphone. A simple OCR app on your smartphone can enable your staff to take a picture and initiate the scanning along with data extraction process from any location. No more sending of documents to and fro. Infrrd lets you scan the document of your interest and extract the information you need.
HOW DOES INFRRD OCR TOOL DO THIS?
Traditionally, OCR reader has been quite rigid in their approach. We need to tell the OCR, what the document looks like, where we can find which field and what data we need to capture. Plus, the software will take the information for its face value, irrespective of whether it is right or wrong.

Infrrd OCR

Infrrd OCR tool on the other hand, uses both Artificial Intelligence (AI) algorithms and machine learning. This helps them to not only read the documents but also to train itself for the future. So, we do not have to worry even if the invoice or bill is in a new format. The system can quickly adapt and continue with data extraction without you having to train the system. The machine learning algorithms analyze the data of your documents and automatically correct it to suit the most likely of the words that your invoices regularly use. This saves you precious time because there is no more error finding to do later on.



Comments

Popular posts from this blog

Infrrd Cited in Two Recent Gartner Hype Cycle Reports

Uncovering the Data Extraction Challenge of Annual Reports

How to Prepare Data For OCR Learning