What is OCR?
OCR, or optical character recognition, is a tool that can automatically identify text content within image files based on optical characteristics of the text. OCR software is a fantastic tool for the transition from paper documents to digital files, because it allows you to convert scanned documents into fully searchable electronic files, with all of the benefits of the digital age.
What types of documents is OCR used for?
OCR can be used for many different types of documents, ranging from forms and invoices to journal articles and even entire books. OCR makes it possible to search any of these documents for specific text, and then edit the text as you would a normal text file. One type of document that has benefited form OCR is contracts. Old contracts can be reviewed and edited in digital format, maximizing the utility of saved paper documents.
Best OCR for contracts
When choosing between different OCR tools for your contract needs, try out Maestro Recognition Server from CVISION. In contracts, accuracy is extremely important, and Maestro excels on this parameter. Software tests have shown that Maestro's OCR engine is the most accurate English OCR engine available. Additionally, Maestro has batch processing capabilities for handling large numbers of contracts at once. Download the free trial version of Maestro to test it out.