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PayStream Advisors delivers unbiased, third-party market trend information, assessments of financial automation technology, and innovative ideas to business leaders in healthcare, consumer billing, finance and treasury, accounts receivable and accounts payable.

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Optical Character Recognition: Invoice Imaging and Data Capture for Accounts Payable


Publication Length: 35 Pages
Publication Date: 11/13/2008
Publisher: PayStream Advisors

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OCR and Data Capture are central components to a modern AP automation initiative.

The OCR Process

OCR Process

By automating data entry, OCR and data capture tools can lower costs, eliminate keying errors, and streamline the approval and payment cycle,” says Sush Koka, director of research for PayStream Advisors.

Today’s applications are far superior to the OCR of past years, and for organizations that have enough invoice volume to warrant the use of specialized technologies, OCR and data capture for AP is fast becoming a best practice.  

This report features profiles on leading OCR and Data Capture solution providers:
AnyDoc Software, Brainware, EMC Captiva, Notable Solutions, and ReadSoft.

Complimentary Document:

This complimentary research report is available for immediate download.

This document is available for
immediate complimentary download.




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