Exploring the Concepts of Traditional OCR and Intelligent Data Extraction in AP Automation
When evaluating accounts payable invoice automation solutions, particularly those that include Optical Character Recognition (OCR) for invoice data extraction and indexing, it’s important to understand the full scope of what’s required to implement and configure the software to work with your vendor invoices. Automatic OCR is designed to boost efficiency by reducing errors caused by manual data entry. However, it’s time to go beyond automation with intelligence added to your data indexing.
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