Optical Character Recognition (OCR) is the digital conversion of text into the machine-readable text from a scanned or electronic document. It is widely used as a form of faster data entry to expedite data verification and increase productivity. OCR today combines pattern recognition and artificial intelligence to produce much higher recognition accuracy. OCR is a crucial component for the successful automation of touch less invoice processing.
Intelligent Capture for SAP Solutions is the most recent OCR product released by OpenText to fully automate the digitization of any incoming document such as invoices, delivery notes, and sales orders. This product can now reach higher recognition and automation rates, leveraging Artificial Intelligence technology.
Some of the notable benefits over its predecessor version of Invoice Capture Center or Business Capture Center are;
- Faster to deploy
- Advanced machine learning at document header and item level
- Improved company code and supplier determination
- No need for adaptive recognition training (ART) and the related overhead to move learning data between servers
- Ability to import the learning data from the existing OCR solution to Intelligent Capture
- Improved recognition rate with less intervention required by business users
- One capture solution for all SAP business documents
If your existing OCR solution is nearing the end of its product support life cycle or your OCR results are not optimal, then Intelligent Capture for SAP solutions should be on your IT road map.
Contact us for a demonstration using your company’s invoice examples so you can see the notable difference in recognition results.