OCR programs offer the ability to digitize and transform documents into accessible and editable information, which helps reduce labor costs, minimize errors, and simplify approval processes.
For example, managing invoices and manually entering data into files are tedious and error-prone tasks in accounting departments, but thanks to OCR technology, these processes can be automated and streamlined.
In particular, accounting and tax agencies benefit from OCR systems since they handle large volumes of information on a daily basis, and these systems allow them to control and organize this information efficiently, which facilitates the work of employees and allows them to save more. of a time 80% compared to manual data entry.
In addition, this avoids the task of manually filling out accounting reports, and helps keep an accurate and up-to-date record of them.
OCR programs are versatile and useful tools. Its main objective is to extract and use the data from the scanned documents or images, allowing to access and edit the content of the original document with high precision and reliability. This is especially useful in automatic invoice posting.
An example of how these programs are useful is their ability to automatically detect information from a receipt, such as the date, the amount before and after taxes, the VAT rate, the form of payment, among others, and automatically process them in the accounting program.
Also, some OCR programs are based on artificial intelligence technology, with machine learning capabilities, and using the cloud to store the information.