Optical Character Recognition (OCR) in our ever-connected era
Optical Character Recognition (OCR) technology is used to convert images into readable and editable text. For
instance, an image of a paragraph in Spanish or French captured on a camera
phone can be translated into English in real time.
One can proudly observe that, currently, many businesses implement the Optical Character Recognition (OCR) technology
in their accounting processes. The technology has eliminated the need for
handwritten forms, checks, or printed receipts.
The Optical Character Recognition
(OCR) technology uploads all handwritten receipts onto an online
accounting platform and extracts all the relevant text and data simultaneously.