Last Updated on September 6, 2023
The technology that transforms the majority of image types containing written text into machine-readable text data is known as optical character recognition (OCR) software, also known as document capture. OCR processing of scanned documents produces text that can be edited in word processors. Because of its fundamental functionality, OCR software has a broad range of use cases.
The most sophisticated cloud-based document automation and data extraction application or OCR software available today are called Docparser. You may expedite the manual data processing process by using OCR and ML technology. Parse your documents and extract data from files like PDFs, Word docs, Docx documents, and scanned interesting images that you frequently use.
2. Laserfiche: extract text
The top provider of intelligent content management and business process automation worldwide is Laserfiche®. With the help of robust workflows, electronic forms, document management, and analytics, Laserfiche is a free OCR software that automates repetitive jobs and removes manual processes, speeding the speed at which business is conducted.
3. Nanonets: convert image
Advanced OCR software and Deep Learning are used by Nanonets to extract pertinent data from unstructured text and documents. With a straightforward, user-friendly interface, you can digitize documents, extract data fields, and link them with your regular programs via APIs.
4. CamScanner: scan image file
A mobile OCR software called CamScanner by IntSig allows users to scan paper documents into digital or image format and transfer the photo scan to other people.
5. OpenText Capture Center: optical character recognition
The most cutting-edge character and document recognition technologies are used by OpenText Capture Center (formerly DOKuStar Capture Suite) to convert documents and copy text into information that can be read by computers. OCR, ICR, IDR, adaptive reading, and other technologies are used by Capture Center to read data or converted text from faxes and scanned images.
For businesses and the public sector, Ephesoft’s Intelligent Document Processing (IDP) platform and data enrichment solutions automate document-centric procedures to maximize operational effectiveness and worker productivity with multi-column layouts that are accessible on mobile devices.
The most cutting-edge data extraction capabilities in the market are combined with a full low-code platform in Rossum, a market-leading Intelligent Document Processing (IDP) solution that significantly reduces low-resolution manual labor.
8. Square 9 Softworks
In the future generation of cloud-enabled and on-premise digital transformation solutions, Square 9 is a creative force. Square 9 has a reputation for expertise in addressing its clients’ quickly changing needs because it is very customer-focused, quick to respond, and produces effective, value-driven solutions.
9. IntSig OCR Solutions
For enterprise users, IntSig OCR solutions come in six primary product categories. There are several Cam-related APIs and SDKs, including CamScanner, CamCard, E-KYC, CamCheckout, Full-text Recognition & Image Enhancement, and Invoice Management.
10. Veryfi Receipts OCR & Expenses
Organizations can easily capture, extract, and convert images into structured data thanks to Veryfi. Across sectors, our collection of data transformation APIs and mobile capture technology may be used to remove manual data entry, prevent human mistakes, and quickly access priceless business knowledge.
11. MyQ X
Nobody likes their workplace printer, which is the foundation of MyQ X. People would much rather engage in a variety of activities than manage that intricate multifunctional device, in reality.
With up to 95% automation and greater than 99.5% accuracy, Hyperscience’s unique Machine Learning technology automatically categorizes various document types when uploading image (such as forms, invoices, checks, and more) and transcribes handwritten, cursive, and machine-printed text.
13. Ascend Software
Increase the efficiency of your Workday Financial Management system to grow your accounts payable department. With industry-leading OCR software and automated Accounts Payable procedures, you can improve data and process invoices more quickly.
14. FineReader PDF for Windows and Mac
An all-in-one OCR software and PDF program called FineReader was created to boost workplace productivity. It offers simple methods for accessing and changing data that is locked in PDFs and paper-based documents.
DocuClipper automates the data extraction process from any scanned or digital document, including tax returns, invoices, reports, image files, and bank statements. The extracted data can be imported into QuickBooks or downloaded as an Excel spreadsheet.
16. Amazon Textract
A service called Amazon Textract uses scanned documents to automatically extract text and data. Beyond simple optical character recognition (OCR), Amazon Textract can also recognize the data contained in form fields and data kept in tables like social media images.
17. IBM Datacap
Enterprises can automate the digitization, classification, and extraction of crucial structured and unstructured information from business documents with IBM Datacap, which Harvey Spencer and Associates named the #1 Capture provider in the Worldwide Software Vendor Capture Report.
A solution for intelligent document processing and digital data integration called Grooper enables businesses to get valuable information out of unstructured data such as paper, handwritten notes, and electronic documents.
19. Doc Digitizer
With a human in the loop, DocDigitizer’s Cognitive Data Capture solution offers 100% accuracy and a 60% cost reduction in document processing. No warm-up, no setup, and full pay-as-you-go. combines machine learning and artificial intelligence to carry out a ground-breaking document analysis that allows data to be gathered from any document, regardless of its layout or format.
FreeOCR is a free OCR software for Windows that can read most scanned PDF files, multi-page TIFF images, and common image file types. It also supports scanning from most Twain scanners.
The manual processing of documents is a significant expense for businesses. To increase the effectiveness of back offices, our deep learning technology automates complicated document processing operations.
Impira uses machine learning to automatically extract data from documents like purchase orders, claims forms, and invoices. Any business user can implement effective automation with our no-code platform without writing a single line of code.
23. PaperPort Professional
Kofax, an OCR software, is a top provider of productivity and automation solutions for enterprises looking to digitally change their labor-intensive, information-intensive processes. Kofax is a multinational company with its headquarters in the US and was founded in 1985 that can be used in extracting text, unlike other OCR software.
Free OCR software for document or handwritten text scanning and PDF/OCR data capture is called ChronoScan.
25. ABBYY FineReader Server
A server-based OCR software for automated document capture, image-to-text converter, and PDF conversion is called Abbyy FineReader Software.
Since its creation in 2016, Acodis has led the way in document data extraction. Every business process contains documents at some point, and the Acodis Intelligent Document Processing platform can quickly categorize, extract, and automate them. This makes data entry simpler and quicker.
An OCR technology for STEM fields is offered by Mathpix for desktop, mobile, and web use. It can digitize text file or text form, math, chemical diagram, table, and entire research paper PDF into multiple formats for typesetting using screenshots or drawings.
Vic.ai is a leader in AI that is transforming accounting and finance through digital means in order to increase productivity, decision-making, and ROI. Vic.ai is working to make invoice processing faster and more scalable so that customers can ultimately reinvent their AP operations.
29. Workfusion Intelligent Automation Cloud
With no need for specialized software, data scientists, or custom coding, WorkFusion’s Intelligent Automation Cloud has free OCR software tools unifies all the capabilities required to implement intelligent automation at scale in a single platform that can be set up in a matter of weeks.
For the unique document processing needs of SMB lenders, insurers, CRE lenders, and investors, Docsumo is an intelligent document processing solution. With the initial goal of assisting businesses with automating invoice processing, Docsumo has grown into an all-encompassing data extraction solution for financial services across the USA.
The quickest and simplest method of data capture, management, and access is with the MetaViewer paperless automation solution. Your organization can manage all of its business-critical content efficiently thanks to MetaViewer’s ability to extract data from virtually any document, both print, and digital.
The top fintech document automation platform, Ocrolus, combines human-in-the-loop review with robotic process automation to turn any documents into useful information in multiple languages. With Ocrolus, you can generate results quickly, identify documents and text online that have been altered, and improve document workflow with 99% accuracy.
33. Scandit Barcode Scanning
By delivering practical insights and automating end-to-end business processes, Scandit is the industry leader in smart data capture, giving employees, clients, and companies superpowers.
34. ABBYY FlexiCapture for Invoices
ABBYY FlexiCapture for Invoices which is similar to Microsoft OneNote is an online OCR software turnkey capture solution that uses automated invoice processing to replace pricey manual data entry.
35. iKAN Virtual Document Center
The iKAN VDC is a text tool that is made up of three main modules: document classification and indexing, document storage, and document retrieval.
36. Intelligent OCR
By intelligently capturing data from both email and paper invoices, the Intelligent OCR solution effectively reduces the need for time-consuming and expensive manual data entry.
With the help of the ground-breaking Intelligent Document Process Automation platform Botminds, businesses can free their staff from tedious duties like reading papers and gleaning information from them.
Using AI and ML technologies, Infrrd is a top provider of Intelligent Document Processing (IDP) solutions that extract and manage data from massive amounts of semi-structured and unstructured documents.
Thanks to a number of cutting-edge technologies and the application of artificial intelligence, AIDA (Artificial Intelligence for Documents Automation) can help anyone, from small businesses to large corporations, better organize their personal and professional lives.
This post has covered a lot, so maybe you can discover the ideal OCR tool for your requirements. There is an OCR for everyone, whether you’re a freelancer looking to keep track of your spending or a realtor needing to generate digital signatures for contracts. OCRs help people and businesses save time. There is no excuse for not using one when there are so many accessible or even free OCR programs to try!
Where is OCR software most often used?
In businesses where there is a lot of structured data to manage, OCR software is most frequently employed. OCR software can be very useful for anyone managing money and spending because it can help extract data from emails, bills, receipts, and other documents.
What is the most famous OCR software?
The most well-known OCR program is Adobe Acrobat Pro DC, which integrates with all the other tools and features in the Adobe Suite and is therefore perfect for a wide range of companies that already have an Adobe subscription.
What is an OCR engine?
An OCR software package includes an OCR engine. It is the section responsible for character recognition. OCR software analyzes the utilized pixels to determine what characters they represent in order to extract data from pictures and scans.