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Introduction to OCR Accounting Philippines

Introduction to OCR Accounting Philippines
PUBLISHED: November 5, 2021

Text recognition or Optical Character Recognition is the use of technology for automating data extraction to identify printed or handwritten text characters inside digital images of physical documents, such as a scanned paper document. OCR Accounting Philippines are usually made up of two components, the software and hardware. Hardware such as a scanner or optical scanner and a software that reads and converts the data into machine-readable texts.

OCR Accounting
How OCR and OCR Accounting Philippines Works?

As mentioned, the first step in processing OCR Accounting Philippines is by using a hardware which is a scanner to process the physical document. Then, after all documents are copied, the OCR software converts the document into a black and white version. The then document turned to scanned-in image will be analyzed for light and dark areas, wherein the dark areas are identified as characters that need to be recognized and light areas are identified as background of the text.

The dark areas that are supposed to be the characters or texts are then processed further to find alphabetic letters or numeric digits equivalents. These can be identified via two methods:

  1. Pattern Recognition – the OCR software is loaded with examples of text in different fonts and formats which are then used to compare, and recognize, characters in the scanned document.
  2. Feature detection – the OCR programs apply rules or specific features of a letter or number to recognize characters in the scanned document.

OCR Accounting Philippines Benefits

While there are many benefits associated in using an OCR, one thing is for sure. It will be beneficial to many companies specifically in the accounting industry. Some of the benefits of OCR technology to businesses includes:

  • Lessen Manual Entry
  • Saving Resources
  • Error Reductions
  • Improved Productivity

Optical Character Recognition is a vital tool that companies must possess nowadays. Did you know that the QNE Cloud Accounting Software has an OCR feature that will enable you to take a snap of your receipt and have the details ready in the system? Stay tuned as we will launch our latest type of accounting system that will help you and your firm be ahead of your league!

QNE offers a 60-days FREE Inventory Software Philippines License to let you experience the change that it can bring to your organization! Sign up now. Click the image below!

How OCR and OCR Accounting Philippines Works?

As mentioned, the first step in processing OCR Accounting Philippines is by using a hardware which is a scanner to process the physical document. Then, after all documents are copied, the OCR software converts the document into a black and white version. The then document turned to scanned-in image will be analyzed for light and dark areas, wherein the dark areas are identified as characters that need to be recognized and light areas are identified as background of the text.

The dark areas that are supposed to be the characters or texts are then processed further to find alphabetic letters or numeric digits equivalents. These can be identified via two methods:

  1. Pattern Recognition – the OCR software is loaded with examples of text in different fonts and formats which are then used to compare, and recognize, characters in the scanned document.
  2. Feature detection – the OCR programs apply rules or specific features of a letter or number to recognize characters in the scanned document.
OCR Accounting Philippines Benefits

While there are many benefits associated in using an OCR, one thing is for sure. It will be beneficial to many companies specifically in the accounting industry. Some of the benefits of OCR technology to businesses includes:

  • Lessen Manual Entry
  • Saving Resources
  • Error Reductions
  • Improved Productivity

Optical Character Recognition is a vital tool that companies must possess nowadays. Did you know that the QNE Cloud Accounting Software has an OCR feature that will enable you to take a snap of your receipt and have the details ready in the system? Stay tuned as we will launch our latest type of accounting system that will help you and your firm be ahead of your league!

QNE offers a 60-days FREE Inventory Software Philippines License to let you experience the change that it can bring to your organization! Sign up now. Click the image below!

OCR Accounting Philippines

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