AI OCR software for fast, accurate document processing
Capture and export large volumes of data with AI OCR software and reduce turn around time and manual effort. Traditional data extraction methods – manual or template-based – are tedious and error-prone. Reducing productivity and ROI, and frustrating your team.
Rossum’s intelligent document processing platform will drive efficiency by eliminating 98% of manual work while delivering an average accuracy rate of 96%.
Traditional OCR vs. AI OCR software
Traditional OCR – optical character recognition – is a tool used to identify text in documents and convert it into a digital text. OCR extracts data from documents without understanding it, meaning it’s unreliable. The context of the document is lost, leading to missing information and formatting errors. OCR also fails to recognize changes in the style of documents. Templates need to be created for each new style.
Businesses that use an OCR tool to extract data need humans in the loop, to validate and input data. Which increases the chance of manual data entry errors.
Artificial intelligence has upped the document processing game. Unlike traditional OCR, AI OCR software doesn’t require specific rules or template setups. AI OCR is a more advanced technology that solves the issues with a traditional OCR solution, while meeting the primary goal of reducing manual data entry and improving the efficiency of business workflows.
Rossum’s intelligent document processing solution helps business extract data from large volumes of paper based documents. This end-to-end automation of document processing leads to boosted employee productivity and engagement.
Rossum’s AI OCR software also automatically exports captured data into your business systems for a complete AI document processing solution. From saving resources to streamlining processes, you’ll wonder why you didn’t switch to AI OCR software sooner.
95% of time saved per document “We’ve done a good job of getting a very high percent of our documents through the solution quite quickly. The AI remembers everything, that's fantastic!”
Amy Rybicki, Business Process Improvements Manager, Morton Salt
How does Rossum's
AI OCR software work?
OCR accuracy up to 96%
AI OCR machine learning software that increases accuracy over time, while reducing document processing time.
82% of time saved on validation
Intuitive user interface that improves and minimizes human effort spent validating data over time.
Extract from unfamiliar layouts
Rossum’s low code, template free AI OCR software can extract any data, even from paper invoices in an unfamiliar format.
Complex line-item extraction
Accurate and fast data extraction, even from the most complex table data.
Capture document data fast with
AI OCR software
Rapid ROI & scalability
Turnkey Saas and cloud-native AI OCR solution for rapid deployment and reduced IT maintenance costs.
Reads multiple languages
Our AI Engine recognizes languages that use a Latin script, with more languages being added over time.
Self-learning over time
Our AI continues to learn, with corrections made in reviewed invoices remembered and used for future documents.
Improve business agility
Fast turnaround times with less manual invoice processing. Benefit from early payment discounts, reduced DSO/DPO, and optimized payment process.
Discover the power of intelligent document processing
Future proof the growth of your business with Rossum’s AI OCR technology. Our AI document processing solution can handle all document types, including those with unstructured data or complex line items.
A high accuracy, customizable, and scalable IDP platform that learns from every document it processes. Able to capture and understand data from previously unseen documents. Our platform brings machine learning, computer vision, natural language processing (NLP), and robotic process automation (RPA) to the table. Helping businesses pre-process, extract, process, validate, segregate, and sort all their business-critical documents.
Rossum’s cloud-based IDP platform will automate end-to-end business workflows. Eliminating manual data entry, and driving an efficient workforce for higher productivity and profitability.
FAQs
What is OCR software?
Optical character recognition software, or text recognition software, converts scanned images of text into machine-readable text. For example, a scanned document saved as an image file. OCR software can then convert the image into a text document, which can then be edited.
Can OCR software read handwriting?
OCR software relies on uniformity. So, while it can understand handwriting, unless the handwriting is 100% uniform, there will be inaccuracies. AI-powered OCR software is able to convert handwritten documents into text format, with high accuracy.
How does OCR software work?
Traditional OCR software uses templates, stored fonts, and image patterns. A pattern-matching algorithm compares the scanned text with its data base, matching the text word by word. While it’s faster than manual data entry, it requires humans in the loop to validate and correct errors. AI-powered OCR uses algorithms to build a neural network. Meaning there is contextual understanding and increased accuracy.
What is the best OCR software?
The best OCR software is a template free, low code, document-agnostic platform such as Rossum.
