![]() Even more helpful is the emergence of business automation processes, particularly machine learning, that can operate 24/7 and work significantly faster than human experts, automatically optimizing data capture outsourcing processes.Īs machine learning continually develops, it goes beyond data capture and holds significant use cases across multiple industries. Undeniably, data capture outsourcing is necessary for the better management of actionable data. With mobile OCR, customers can now redeem vouchers by scanning for serial codes using their mobile phones. Through OCR, tourists and hotel guests can now check-in automatically by simply scanning their passports to a hotel’s website or mobile application. Specifically, the OCR technology can digitize data from reports containing X-rays, patient’s history, treatments or diagnostics, tests, and overall hospital records. The OCR can greatly contribute to the healthcare industry. OCR or Optical Character Recognition is the process of seamlessly converting a PDF document into a file that can be edited, altered and saved for later. OCR allows legal firms to have their printed documents such as affidavits, judgments, filings, statements, wills, among others, digitized. Particularly, OCR can automate insurance claims processing for faster transactions. OCR can also contribute to the ever-growing insurance industry. OCR-based technology will help to maintain workflow efficiently with high text recognition accuracy every time.įurthermore, OCR can also be useful in capturing sensitive information in mortgage applications and payslips. is a free tool designed to transform PDFs and images into Word, Excel, and text documents. is a website that can extract text from images, purportedly with 95-100 accuracy. ![]() ![]() One use case of OCR in the banking sector is using mobile banking apps, where your checks can be deposited digitally and processed within few days through OCR-based check depositing features.Īnother use case of OCR in the banking industry is to monitor and evaluate your customer’s data including personal and security information.īanking transactions involve a hefty amount of data entry related to bank statements. OCR Scan-Image to text is an app on the Microsoft Store that turns PDFs and images into text. OCR also holds promise in its use case for the banking industry. Document Management scanners: Ideal for those who need higher print speeds and an automatic document feeder (ADF) to accommodate a large volume of scans. One such example is Google Translate OCR technology that allows users to read in any language. Among the most popular use cases for OCR includes digitizing books and unstructured documents that render human-to-human communication easier.
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