We all know that manually managing files and documents can be time-consuming, especially when dealing with paper-based files. Fortunately, that’s not the case anymore, all thanks to OCR-powered Image-to-text conversion tools.
These tools allow you to extract textual data from scanned documents and Images and save it digitally. That said, in this article, we’ll see how these tools have improved the documentation process. But before we get to the ways of how the documentation process has gotten easier with conversion tools, let’s have a brief overview of how this technology works.
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There are several OCR tools available on the internet. All of them have the same working method.
They extract editable text from input pictures or scanned documents by performing four stages that we have described below.
To help you gain a better understanding of how an OCR converter works, I have attached some screenshots of input and output given to image to Text Converter below
Input image:
Output:
Coming to the main section of this post, Image-to-text converters have transformed how we handle documentation, making it faster, more reliable, and ultimately, more productive.
Image-to-text technology also known as optical character recognition has automated the data entry process. Users only need to upload images of documents, and the Image-to-text converter will automatically scan and extract all the editable text from it using OCR technology. It has reduced the need for manual typing of information which is a time-consuming and tiring process.
This automated data entry facility has helped many sectors speed up their daily tasks. It is commonly used in healthcare, finance, and logistics businesses where people need to digitize records quickly.
Recommended reading: OCR for Invoice Processing: Technology, Examples, Best Practices
Physical documents placed in an office can be assessed by one or two people at a time. In comparison, if a document is digitized and uploaded to a cloud storage then it can be viewed and edited by several people at the same time without being bound by time or location.
Similarly, if there is a business proposal of 10 pages and you want to find any XYZ statement. When it comes to physical documents, you need to read them entirely to find out that particular detail.
On the other hand, if the proposal is digitized by using the converter, you can simply enter any relevant word of the line in the search bar of the file and the statement will get highlighted immediately.
This is how the tool has improved the accessibility and searchability of the documents and has made daily tasks quicker than ever.
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Manual extraction is prone to human error, which can sometimes lead to missed details and inconsistencies.
That said, consistent and error-free text is crucial, especially for important tasks like decision-making, compliance, and audits. When you use image-to-text converters, you can confidently rely on the extracted text without worrying about inaccuracies. The accuracy is great, making it much easier to analyze data, follow regulations, or pass audits.
Recommended reading: OCR in Order Processing: Uses, Benefits, and Real-World Examples
OCR-powered tools help you digitize documents which reduces the need for files, scanners, and document handlers in the offices.
On the other hand, manual scanning and creation of files is a time-consuming and storage-requiring task. You need ample storage to place files and racks which occupies a great space.
Digital documents are easier to organize on a computer and can be handled better as compared to physical files and documents.
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Image-to-text converters, powered by OCR have improved the documentation process. They automate data entry tasks and have improved the accessibility and searchability of documents.
They have also made digital documents easier to share and retrieve. Security is also enhanced since digital documents can be encrypted. Moreover, digitization of documents minimizes physical storage needs, and cuts costs associated with paper, printing, and storage space.