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Advantages of Optical Character Recognition For ECM

Advantages of Optical Character Recognition For ECM
Table of Contents

When you lack a unified data management system for your content and live in a hybrid environment of physical and digital information.

Your workers lose crucial time looking for the information they need.

Due to this, it’s crucial to have all of your information gathered in one convenient location, so you can search and retrieve any content in seconds.

What about images? How can we extract information from scanned images so we can convert it into actionable insights? It is time to learn the advantages of optical character recognition.

If your team is working remotely, in an office or hybrid, if you are interacting daily. With the financial and accounting divisions, or even with suppliers and business partners, using OCR software in this situation would be quite efficient.

FotoGnize, the leading OCR tool by Fotopia Technologies, would make capturing your data and converting papers into digital assets simple to perform with the advancement of technology throughout time.

What is OCR?

So, let’s start with the basics, character presence can be distinguished by shape using optical character recognition (OCR). 

OCR is used as a data entry tool to read numeric and alphabetic characters from documents that have already been printed by printers, typewriters, etc.

The degree of clarity in writing determines how correctly characters can be scanned and detected with an OCR tool. 

OCR tools like FotoGnize also use artificial intelligence and machine learning capabilities so over time the results of the OCR scanning are improved reaching up to 99% over time.

The first stage in the process is to make a bitmap of the document’s image, next, with the use of the OCR software.

The grid’s array of dots is converted into ASCII text, which a computer can recognize and interpret as letters, numbers, and special characters.

Advantages of optical character recognition

  • The information obtained via OCR converted into actionable insights inside your ECM. 

Instead of just placing images in your archive, you will have fully readable text which will improve your company’s search for critical information.

  • The processing of information using OCR is quick.

Large amounts of text are frequently submitted in a short amount of time.

  • A paper-based form is frequently converted into an electronic version that is simple to store or distribute by mail.

Saving time, cost and money.

  • The most recent version of the software can recreate tables while also maintaining their original layout.

When compared to the slower process of manually entering the information into the system, this procedure is substantially quicker.

Why is OCR needed? 

Due to the advantages of optical character recognition, it is highly needed, and here’s why

  • Make any file fully searchable.
  • Avoiding human errors.
  • Time and money savings.
  • Complete your ECM system.

Why choose Fotopia Tech?

After knowing the advantages of optical character recognition Fotopia is the company behind FotoGnize. A multilingual OCR tool with machine learning and artificial intelligence capabilities.

There will be no more wasted time attempting to figure out how to convert physical files into digital assets online thanks to the OCR software.