![]() ![]() You can also schedule a demo to learn more about our AP use cases! Want to automate invoice processing? Check out Nanonets' pre-trained Invoice OCR or build your own customized Invoice OCR. Let's find out how invoice OCR and invoice digitization can help in this regard. ![]() ![]() But can this process be done better, more efficiently, with less wastage of paper, human labor and time?Īmong the several drawbacks of going through these procedures manually are higher costs, greater manpower requirement, a higher amount of time consumed in repetitive tasks and a greater carbon footprint. Reconciling invoices typically involves someone manually spending hours browsing through several invoices and jotting things down in a ledger. We will also touch upon what is wrong with the current state of invoice recognition OCR and information extraction in invoice processing.įor a long time, we have relied on paper invoices to process payments and maintain accounts. OCR sales and developers will give you the attention and personal touch to guide you in selecting and implementing the best solution to meet your organizations unique needs.This post is mostly going to focus on invoice OCR and invoice information extraction using OCR and deep learning. The software automatically enhances and deskews unclear images, powerful image processing algorithms and simple integration tools that assist in your coding efforts. IdMax mobile SDK comes with enhanced features that save your development time. OCR Solutions, has become the leading expert in mobile phone document capture, scanning, and imaging projects such as reading banks statements, utility bills, invoices and more. Once the information is populated into the mobile application and user is logged into their account payment is done by simply clicking a button. Using the use case of a Utility Bill, a user can now take an image of their utility bill and extract Account Number, Due Date, Name, Address, Type of Bill (Water, Electrical etc.). Users can now take an image of a bill and auto-fill a mobile application to pay their invoice. Increased accuracy of captured data – Mobile Capture allows the user to extract document information correctly the first time quickly and accurately.Īnother area of OCR gaining recognition (no pun intended) is in the payments arena.No investment necessary for additional Hardware.Higher customer satisfaction – Customers who use automatic bill payment system tend to show higher loyalty and are less likely to switch vendor’s organically increasing revenue.Increase productivity by leveraging this proven technology to build and deploy customer productivity solutions such as bill payment, remote deposit, customer registration, mortgage origination directly from a mobile phone.The ID server used for the mobile document scanning, imaging, and capture can be hosted in any client’s data center.īenefits of Mobile Document Scanning & Capture: Using the powerful cameras on today’s mobile phones, users can take a clear picture of an ID or passport and send the image directly to our idMax Server to capture the data. Technicians in various industries that work in the field can use their mobile device to capture document data in real time and upload it directly to company remote servers. ![]() Users can now take a picture of an ID or document to scan it and capture its data. Mobile phone technology has now advanced to the point of being a viable OCR tool. Mobile phones now serve us as an indispensable personal and business device. ![]()
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