The switch from manual indexing to an automated OCR process by itself would have resulted in a reduction in the resources required to onboard data. Additionally, it would have reduced errors and omissions introduced by manual data entry from five percent to as little as two.
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ICR uses is called Supervised Machine learning, Supervised learning (SL) is the machine learning task of learning a function that bridges an input to an output based on example input-output pairs.
OCR is used to extract data from scanned images in the form of texts and store them in text files or JSON files. ICR is more advanced than OCR Systems because it can detect and properly identify handwritten characters one at a time.