OCR software is part of many accounts payable invoice automation solutions. Nowadays, companies of all sizes have access to OCR. Either OCR software solutions or they use it as it is integrated into their Invoice-To-Pay solution to process their invoices more efficiently. What does OCR software do, and what are the benefits? We answer those questions right below and introduce you to the multi-OCR feature of the Cevinio Invoice-To-Pay solution.
We see that in this market, many enterprises prefer Invoice-to-Pay solutions that integrate OCR software for them. That is usually how accounts payable departments employ OCR technology; to automatically convert scanned images and PDF invoices into digital data. The OCR software is part of their accounts payable invoice automation solution.
Read more about what Optical Character Recognition (OCR) is here.
Hereunder are the benefits that accounts payable departments find in the use of ORC technologies:
The Cevinio AP automation solution uses various OCR and ICR technologies to create the best input for “what we do with the data”. Having correct data is a good start, and the better the data quality the more processes can be automated. So, what do we automate at Cevinio based on the OCR and ICR tools that we use:
Would you like to know more about Cevinio’s multi-OCR capabilities? We invite you to read our article: Autonomous invoice data capture and validation with Cevinio.
If you’re ready to take your accounts payable process to the next level and experience increased efficiency and accuracy, reach out to the Cevinio sales team today.