Learn how OCR in Precoro turns low-quality invoice scans into ready-to-use data for faster invoice processing and payments.
TABLE OF CONTENTS
- What is an OCR AI Processor?
- How the OCR in Precoro Works and Why You Should Try It Out
- Frequently Asked Questions
What is the OCR AI Processor?
OCR (Optical Character Recognition) is a technology that reads and converts text from images or scanned documents into editable data. Standard OCR can recognize text, but it often struggles to understand the structure or meaning behind it, forcing AP teams to fix almost every little detail of the extracted data.
That’s where Precoro’s OCR, powered by the Google AI Processor, stands out.
Instead of simply reading text, the processor "sees" the layout of your document. It can tell where key details are located, even in complex formats. This allows it to find specific information—like vendor names, dates, items, and invoice amounts—with impressive accuracy.
On top of that, because the OCR AI Processor trains on the actual documents, it continually improves as it processes more data. The more it learns, the better it gets at recognizing the unique patterns in your documents. Thus, you can process invoices and pay your suppliers faster.
How the OCR in Precoro Works and Why You Should Try It Out
Managing invoices from different suppliers can take a lot of time, especially with all the different formats and sometimes less-than-perfect quality. With Precoro’s OCR AI Processor, it gets way easier and pain-free for you. Here’s how it works:
- Receive an invoice through email or upload it directly to Precoro as an attachment.
- Focus on other urgent tasks while the OCR processor extracts the invoice details.
- Review the information and proceed with approving it.
And that’s it. Now you can easily sync invoices with your accounting tools and pay them accurately.
Learn how to set up the OCR in Precoro in this article.
Frequently Asked Questions