In all industries, OCR is important for core back-office functions. To achieve IT architecture transformations you should strive for a holistic view of all digital processes. Hence, manual workarounds based on poorly controlled paper-based processes need to be reduced.
OCR and the pharmaceutical industry
Digitization via OCR has the great advantage of eliminating slow and costly manual processes. It also speeds up your retrieval processes tremendously. In the pharmaceutical industry regulatory compliance is essential. Digital document management will help you to achieve increased efficiency and lowered costs.
But, currently one of the most pressing issues in the Pharma industry is their delayed payment rate. The main reason behind this is large buyers like healthcare providers and the government who get stuck in an exhausting and long bureaucratic battle.
The OCR Server is the solution for an advanced invoice recognition system which can deliver not just extracted but structured results from template free documents. Here are the main advantages:
- Cost and time efficiency: Time spent on manual data entry, auditing the data, or inspecting accuracy standards can now be spent on more efficient tasks that are critical to the company’s success.
- Automatic data entry: With OCR you can forget about manually entering all the data.
- Enhanced informational retrieval: It is not just about extracting the data but also properly file and organize for finding and processing later.
- Unmatched accuracy: Confidence of data accuracy is the key to our OCR server and your positive business development.
The added value and change you need!
Across industries the need for digitization is growing. It is also commonly linked with high switching costs. Nevertheless, the OCR Server works as an added value and is able to make the desired and needed change.
Check out our newest OCR Engine here