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What is Intelligent OCR?
Intelligently captures data from both email and paper documents using AI and capture automation to search, interpret, validate, and extrapolate semantic meaning from invoices, sales and purchase orders and shipping receipts. Intuitively performs field mapping and data collection.
What is IDC?
IDC stands for Intelligent Data Capture , IDC is the process of identifying and extracting particular data from images , pdfs , scanned pdfs or electronic data . IDC is different from OCR , OCR only converts images to text without giving particular attention to the set of data which needs to be extracted . Intelligent data capture uses OCR under the hood . Industry which leverages a lot of paperwork can reduce their manual job by 70% .
Where is the Intelligent Data Capture System Applicable?
IDC is best suited for sectors like financial institutions, loan processing, insurance sector, Accountancy firms or any industry which has a lot of paperwork to process on a daily basis . Omni-channel Experiences: Companies and users can upload documents from anywhere just by clicking photos of the document using a mobile camera . IDC technique will only retrieve the particular data . Process Standardization: Customizing platforms to the demands of document processing standardize processes and enables automation to kick off in several areas of the value chain.