What is Infrrd OCR- A Step By Step Guide For Data Extraction
WHAT IS OCR? Data entry can often turn tedious and inaccurate if done manually. But, you can avoid this cumbersome process with an automated optical character recognition software. What OCR does is, it uses machine learning to scan each character on a page individually. It allows the documents to upload as text documents instead of images. We could scan easily and promptly any kind of printed document, be it receipts, invoices, contracts, utility bills and much more with this solution. HOW IS INFRRD’S OCR DIFFERENT FROM TRADITIONAL OCR? Our OCR solution is different in two ways: We don’t use templates but NLP for recognizing entities in a document. This helps us identify business names, bank details, amounts, prices etc. irrespective of where they occur in the document. Read more here on why templates are a bad idea. We use Machine Learning to fix what traditional OCR’s cannot figure out, by building an automatic context around the...
