OCR
OCR significantly reduces manual data entry, saving time, minimizing errors, and freeing up valuable human resources for more strategic tasks.
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Efficient
Uses tools like AI-Assisted OCR to capture data and save your organization time and money.
Consultative
ICG works with your specific organization’s needs to create a data capture strategy that works for you.
Accurate
Ensures extracted data is accurate, and that the desired information is extracted from the invoice.
Comprehensive
Captures all types of data from many sources including email, electronic portal, inbound EDI, etc..
Your Data Capture Strategy Matters
Capturing Data Accurately
Capturing data accurately involves ensuring that the data collected is free from errors, omissions, or inconsistencies. Accurate data capture aims to minimize mistakes during the data collection process, such as typos, misinterpretations, or technical issues.
Capturing the Right Data
Capturing the right data goes beyond accuracy and focuses on collecting the most relevant and valuable information for a specific purpose or problem. It’s about selecting the appropriate data points, variables, and metrics that will address the specific objectives.
“Since implementing OCR, our AP team has gained back over two hours per person, every day. It’s been a game-changer for efficiency and productivity.”
Relevant Blog Posts
Invoice Ingestion Options
Efficient invoicing is crucial to maintaining strong cash flow and accurate records in your organization's financial back offie. But with so many ways to receive and process invoices, how do you choose the right approach for your company? This blog post will explore...
What’s Next for AI in the Financial Back Office?
The financial back office has undergone numerous upgrades in recent years, thanks to rapid advancements in AI. Emerging trends continue to assist in revolutionizing parts of the financial back office, such as accounts payable, finance, supply chain management, and...
Preventing Duplicate Payments
One area where even the most professional back-office teams experience mistakes is duplicate payments. These errors, where the same invoice is paid more than once, can lead to negative consequences, from strained vendor relationships and wasted resources to skewed...
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