Best OCR Software
As we start the topic of the best OCR software, it is important to note that capturing data from documents has become important in today’s world where digitalization is the main accelerator of growth. Accordingly, businesses are striving to have the best OCR software solution. Manual extraction of the required data from documents causes both errors and serious costs. The best ocr software helps businesses save time and resources that would otherwise be spent on manual data entry. OCR software automates data capture from these documents and images. Digitizes data in formats suitable for corporate workflows.
However, the best new generation OCR software is capable of producing fast results. Accuracy rates are very high. Poorly printed, worn, scanned at low resolution, with difficult placement, etc. are capable of overcoming document processing restrictions. For this reason, we can observe that the use of the best ocr software is increasing day by day.
What Does OCR Software Do?
OCR Software is a technology that recognizes the text on scanned documents, photos or images. For more detailed information here WHAT IS OCR You can take a look at our article. The best OCR software today is also used for automatic data entry, pattern recognition, text-to-speech conversion, indexing documents for search engines, artificial intelligence, text mining, among other applications. The best ocr software can convert scanned documents, PDFs or image types to json, xml, excel or csv files.
Which OCR Software is Best for Your Business?
First of all, there is a need to clarify two alternatives before proceeding to answer this question. The first is to purchase an OCR engine and the second is to procure an intelligent data capture service.
In the most general definitional view, an OCR engine is a technology that produces raw digitized versions of visible text and phrases on a document. The data coming out of the OCR engine is not yet ready for the machine to process. It is disorganized, not classified or labeled. Therefore, in order to access the data that is actually needed in a machine-relevant and meaningful way, it is necessary to make long efforts over the raw data that comes out of the OCR engine. But this stage is quite difficult and complex. As a result, businesses have to allocate long resources and costs for these post-processing operations.
However, businesses that provide smart data capture services get the ultimate data they want to reach. So much so that they don’t bother to process the raw data coming out of the OCR engine. Only in this way can businesses directly access the necessary data.
The following brands currently dominate the OCR market:
- Abbyy Flexicapture
- Kofax Omnipage
- IBM Datacap
- Google Document AI
- AWS Textract
- Rossum etc.
When we look at the similar strengths of the above applications; integration capability, data accuracy, on-prem installation option features stand out.
However, table/row reading, ease of use, validation interface, capturing data from complex documents and pricing are almost common disadvantages.
What Differentiates Papirus AI from its Competitors?
The first thing to say is that Papirus AI is very easy to set up. Project activation times are very short. In particular, thanks to its AI-driven infrastructure, Papirus AI easily extracts unstructured data with very low effort and without encountering common data constraints. It extracts information from problematic documents very easily. It intelligently captures data, especially from semi-structured and unstructured documents. With its table/row reading capability, invoices, trial balances, reports, declarations, etc. that contain table and row information in different structures. reduces the need for manual data entry in document types to almost zero. Ultimately, the benefits of Papirus AI go beyond better accuracy and scalability. So let’s take a closer look at the advantages of Papirus AI:
Convenience Papirus AI was born to fulfill the unique needs of every business. Pulling data from different types of documents is quite simple. However, preparation times are very short. Even the adaptation time to changes within projects or document types is also very short.
Flexibility: Most OCR software on the market, however, has strict rules with clear boundaries. Unfortunately, these rigid rules come back to users in the form of operating restrictions and difficulty of use. Thanks to its flexible infrastructure and expert staff, Papirus AI can develop and expand its boundaries as desired.
Customizable: Papirus AI captures all the text, signatures, checkboxes, tables and rows you want from your documents and presents them in the format you want. You can integrate the data offered by Papirus AI directly into your systems without the need for any additional processes. Moreover, there is no need to design separate templates for each document.
No in-house development team required: Papirus AI delivers all the data you need to your systems ready to use. It does not require the time of an in-house software/development team as there is no need for any post-processing. It enables short and simple integration thanks to its ready-made integrations and powerful API infrastructure. It easily integrates with all kinds of CRM, ERP, RPA, Document Management System software.