OCR for Forms
Forms processing is one of the most important day to day tasks that businesses have to manage. Documents such as invoices need to be processed properly and punctually to ensure that the business cycle runs smoothly. Traditionally, companies have had to use manual data entry to handle their forms but now there is technology known as OCR for forms that can automate the entire process.
Why Use OCR for Forms?
OCR stands for optical character recognition, technology that has the ability to recognize characters such as letters and numbers from files and then convert them into text. Automation software, also known as OCR for forms, uses OCR to extract the necessary data from forms such as invoices. The software will recognize the data and various fields and then extract them to a separate file that can be saved to a database for future reference. With OCR for forms you no longer have to rely on manual data entry, which is slow and error-prone.
OCR for Forms Software
Manual data entry has proven to be inefficient due to its lack of speed and accuracy. It also allocates a large number of employees towards its completion. Employees that have to do forms processing are not utilized fully since they are denied the opportunity to work on more critical tasks and projects. OCR for forms will allow you to automate forms processing in a quick and accurate manner. You can save time, lower costs, and begin to realize an increase in profits. CVISION Technologies is a leading provider of document capture technology, and their OCR for forms software is one of the best available in the market.