What Does Ocr Software Do?
Optical Character Recognition, or OCR as it is commonly known, is a type of software that converts scanned images into structured data that is extractable, editable and searchable. When your records are digitized, scanning is only the first step. It creates an image of the document, but that image – and the data that composes it – is neither editable nor searchable. The OCR is the next step that extracts the data from your scanned document.
OCR software is a valuable component in an enterprise content management system (ECM). With OCR, an ECM can extract usable data from the scanned documents in its repository. That data, once extracted, can be used to build databases, eliminating the need for manual data entry. It can also help streamline business processes through automated workflows, and can be analyzed for high-level reporting.