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Optical Character Recognition (OCR) technology has significantly revolutionized how we manage and process textual information. At its core, OCR is a technology that enables the automatic conversion of scanned or printed text into digital data that can be manipulated by computer systems. In this article, we’ll explore the ins and outs of OCR technology, its […]
A comprehensive OCR software comparison guide for your business needs Why Your Business Needs OCR Software Optical Character Recognition (OCR) software has significantly evolved since its beginnings in the early 20th century. Up to 90% of all information businesses receive is trapped inside documents, making the need for efficient OCR solutions crucial. This blog post […]
Discover the differences between template-based and AI-based OCR, and determine which is best suited for your needs. Optical Character Recognition (OCR) is a technology that converts printed or handwritten text into digital format, making it easier to edit, search, and store. OCR technology has come a long way since its inception and plays an essential […]
How to Overcome Them & Develop Winning Fintech Apps The mobile app success rate is only 25%, meaning most apps fail. Successful fintech apps need strategic thinking, collaboration, and industry understanding. Fintech product managers face complex and ever-changing needs, requiring knowledge of finance tech, user behavior, and market trends. Fintech apps retain only 16% of […]
Here’s A Guide to Get You Started Experian’s survey finds that 52% of businesses face data accuracy and quality issues. Data parsing can help by allowing quick and accurate data extraction and analysis, resulting in high-quality data. Investing in data management technology, like parsing tools, improves accuracy and quality, leading to better decision-making and operational […]
Optical Character Recognition (OCR) converts scanned images of printed text into machine-readable text. It has revolutionized the way we digitize and process textual data, finding applications in document scanning, data extraction, translation, and accessibility across various industries, including finance, healthcare, and education. Two OCR methods that have gained popularity in recent years are Tesseract OCR […]
The 4th Industrial Revolution (4IR) is upon us, and it’s being powered by artificial intelligence (AI). AI is transforming every industry. It’s creating new efficiencies and opportunities, and pushing boundaries in ways that were once unimaginable. Let’s explore how AI is kickstarting the 4IR, and what it means for the future of work, innovation, and […]
Definitions, Differences, and Business Applications Did you know that businesses spend an average of 120 hours a week on manual data entry and other repetitive tasks? That’s the equivalent of three full-time employees. With the rise of Intelligent Automation (IA), however, organizations can now automate these tedious tasks and free up their employees to focus […]
Product owners at B2B software companies face a classic “DIY vs. buy” decision: “Do we devote precious engineering resources to build this functionality in-house, or do we buy this functionality from a company that has already built what we need?” The answer isn’t always straightforward; there are pros and cons to each approach, depending on […]
Instantly Turn Receipts into Customer Insights Validate purchases and unlock cross-basket insights to fuel your loyalty marketing programs while enhancing personalization and reducing fraud. Download Now
Delight Your Users & Raise the Bar on Trust We help FinTech software companies accelerate their pace of innovation and delight their users through AI-driven OCR with Day 1 Accuracy™ Download Now
or Even Replacing Older Technology in Business For the average individual, the term artificial intelligence or AI conjures up images of sci-fi thrillers. While the stigma associated with dystopian cinema may not have dissipated entirely, AI is already widely used in the corporate world. Many of the world’s iconic brands are investing in AI programs […]
While the U.S. Government is not normally regarded as an early adopter of new technology, the current workflow for processing the millions of annual tax returns from its constituency is a particularly egregious and completely avoidable example of mismanagement, poor service, and inefficiency. You may be surprised (or perhaps not) to learn that the IRS […]
Timesheets by Veryfi: https://veryfi.app/timesheets/ — World’s 1st Floor-by-floor detection with Geofencing for digital and autonomous time cards.
LIVE STREAM URL: https://www.youtube.com/watch?v=1gOt4b7Auks We’re running our 2nd Veryfi Webinar focused on showing you more how to get started & maximize your Veryfi experience. We will also do a Q&A where we answer questions you submitted and questions you ask during the live webinar chat window. This will be an open forum so please bring […]
We’re running our first-ever webinar to answer your pressing questions about Veryfi and demo new features and help you maximize your Veryfi experience. This will be an open forum so please bring your questions. A Veryfi U.S.-certified tax coach will also join us to address accounting questions. ABOUT VERYFIVeryfi is a bookkeeper in your pocket. […]
Did you hear the news? Expensify uses mechanical turks (human labor) to extract the data from the receipts you trust them to OCR. 2017 was the year this leaked out and one of those mechanical turk found boarding passes, hotel receipts (name, dates, details), medical receipts, addresses, signatures, and Uber receipt with full name, pickup […]
