How to extract data from a Purchase Order?
Purchase Order (PO) is a legal contract/agreement of a transaction between a buyer and a seller. If any errors occur while capturing data from this document, it can have a significant impact on the business. With various departments submitting their purchase requirements, accounts payable teams often have to handle a huge number of POs. Processing […]
What is Sea Waybill? | Difference between Bill of Lading & Sea Waybill
Sea Waybill is an essential transport document (Like Bill of Lading, BoL). It acknowledges the receipt of goods and outlines the terms of the contract between the shipper and the carrier. Both documents (Sea Waybill & BoL) contain essential details such as names, address of the shipper, consignee, carrier, description of goods, shipping route, and […]
Bill of Lading: Definition, Example, and Importance
Are you new to export/import or international trade business? If yes, then you must know about one of the critical documents in the export/import business i.e. Bill of Lading (aka B/L, BoL). Say you’re a business owner in the United States importing a shipment of electronic devices from a manufacturer in China. The manufacturer loads […]
Understanding Intelligent Document Processing: How it Solves Your Business Challenges + Top 5 Software Tools
Businesses often juggle with data overload. Companies looking to understand what is intelligent document processing often start with a common challenge: managing overwhelming paperwork. Invoices, forms, and client documents pile up, while staff members scramble to keep processes smooth. The implementation of intelligent document processing has become crucial for modern businesses facing these challenges. This […]
Best Document Digitization Companies in India in 2024
What is data digitization? Data digitization, often simply referred to as digitization, is the process of converting analog information or physical documents into digital formats. This transformation involves using technology to capture, store, and manage data in a digital form, making it easily accessible, searchable, and manipulable. What are the benefits of digitizing services? For […]
Why businesses should use OCR software
As many as 37% of companies still route their invoices manually. This results in unexpected delays. Further, it results in delays in vendor payments. In such drastic scenarios, the receipt processing could hit a brick wall and require a fresh billing cycle from scratch! Optical Character Recognition can be defined as the process where an […]
Real-Life Applications of Enterprise OCR Software
[vc_row pix_particles_check=””][vc_column][vc_column_text]Enterprise OCR is a term used to describe software programs like KlearStack developed with the functionality and scalability necessary for significant organizations and service operations. Batch processing, multi-user and multi-server workflows, and security and compliance audits are just some of the features that can be found in these programs. At the business level, speed […]
Top 8 AI OCR software
Businesses that want to grow swiftly by embracing digital workflows and automated processes need OCR software. OCR software digitises data from scanned images or documents and converts it into editable formats that fit within organisational workflows. Scanning and processing documents for useful data, like invoices, receipts, and photographs, has long been a time-consuming and error-prone […]
Automated OCR Data Capture: A Complete Guide
[vc_row pix_particles_check=””][vc_column][vc_column_text]Data is a critical asset for any organization, and capturing it accurately and efficiently is key to success. One way to achieve this is through automated OCR data capture. In this article, we’ll discuss what automated OCR data capture is, how it differs from manual data entry, whether Intelligent Document Processing (IDP) is a […]
Best OCR APIs Available In The Market: 2022 Edition
[vc_row pix_particles_check=””][vc_column][vc_column_text]Optical character recognition or OCR technology is leading the frontier for digital automation processes. OCR application programming interfaces (OCR APIs) allow businesses and enterprises to extract data from documents and store them in digital files. Essentially, they help with the conversion of non-editable files such as scanned images, printed documents, or restricted PDFs into […]
