With optical character recognition (OCR), you no longer need to retype entire documents to obtain this information. Converting text and images from your scanned PDF documents to editable DOC formats is a piece of cake.
The Extract Engineers have been hard at working, perfecting the new 10.5 platform release. This release is largely targeted toward fulfilling requirements for enterprise-wide document classification and distribution for healthcare organizations. It is already being deployed and configured at Michigan Medical Center; we look forward to this being the first of many new installations in this new marketspace!
Every good process has a starting point. In the instance of making the perfect peanut butter and jelly sandwich, “first you take the peanuts and you crush ‘em, you crush ‘em", view entire peanut butter and jelly sandwich process here. Whereas, the first step of most data entry processes, is document handling. First you take the paper documents, and you sort ‘em, you sort ‘em. Then you take the documents and you scan ‘em, you scan em...
Being able to transform a PDF or image into a document is an incredibly powerful tool all by itself. As powerful as it is though, leveraging the text on those new documents is where the real power is. While OCR on its own allows for an individual to have searchable and copy/paste access to the text within an image, the possibility exists to do so much more with advanced OCR.
While machine learning may sound like science-fiction technology, the reality is that the term describes a process that is really quite mundane - performing a lot of math problems very quickly in order to automate processes. Machine learning is a tool not much different than a spreadsheet application is to an accounting clerk. Where machine learning differs from a spreadsheet application, however, is that it is using math to generate predictions rather than concrete answers (and, for bragging rights, it also uses calculus rather than the algebra your spreadsheet application is generally limited to using).
As our workload continues to build and technology continues to advance, it may be time to analyze your current procedures to see if an advanced OCR solution is right for you. Applying such a solution can save valuable work hours, improve turnaround times, increase transcription accuracy and yield an exceptional ROI all while streamlining your workflow. Here are four signs that you should look into an advanced OCR software solution.