What is OCR and how does it save your company time
OCR (Optical Character Recognition) is an advanced technology that allows routine documents, such as invoices or received orders, to be processed automatically without manual human work.
The program can identify the content of the document and create a record in your system – for example, automatically record invoices in accounting and forward them for approval. OCR is now standard equipment in modern companies because it eliminates human error and radically speeds up business processes.
Our solution can then extract items, compare them with the item database in your system, and if it is a new request, create the item as well.
Common OCR vs. Our Intelligent AI Solution
Compared to standard tools that encounter technological limitations, our solution goes much further thanks to integrated artificial intelligence.
Common OCR Solutions
Standard OCR usually manages to accept an invoice into accounting software, extracts the due date, total amount, or variable symbol, but its capabilities end there.
- Struggles to identify line items of the document
- Cannot allocate amounts to specific cost centers
- Cannot link the invoice to the receipt
Our Artificial Intelligence Solution
Our technology eliminates routine manual work and automates the entire process logic:
- Item Identification: Recognizes individual items of the invoice or received order.
- Product Listing: If items do not exist in the ERP, the system can create them directly.
- Allocation to Cost Centers: Breaks down the price from the item or entire invoice to defined cost centers.
- Relationship to the Receiver: Links and validates the invoice against the stock receipt.
- Workflows: Recognizes and marks items for further processing according to your internal rules.
Variability and Versatility of Our Technology
The capabilities of our AI OCR technology do not end with invoices. It allows for creative and highly efficient use across a range of other industries and processes.
Recognition of Industrial Patterns
Intelligent searching and comparison of patterns in a large database of products.
Case studyIdentification of language variants
Automatic checking and detection of language versions of product labels and packaging.
Case studyScanning internal codes
Reading alphanumeric strings, production batches, and codes directly from physical materials or products.
Case studyIs manual labor predominant in your processes?
Are you looking for an efficient way to save time and eliminate errors? Our OCR technology could be the ideal solution for your company.