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
The Life Cycle of an Invoice for Buyers
The invoice is a crucial document that demands payment for goods or services delivered. It undergoes a fascinating, multi-stage life cycle. Understanding this process is key to maintaining healthy cash flow, accurate financial records, and strong vendor relationships....
What’s Slowing Down Your Back Office (and How to Fix It)
Your back office handles the crucial processes that keep everything running: accounting, HR, compliance, and more. When these systems struggle, the entire organization slows down, impacting everything from customer satisfaction to your bottom line. So, what are the...
Solution for Non-Standard Invoices
Invoice processing can be a major drain on resources for finance and accounts payable teams, especially when dealing with invoices that don't conform to a standard template. Manually keying in data from these non-standard documents is time-consuming, prone to error,...
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