Category: ⁠Receipt Data Extraction

January 12, 2024 ⁠Receipt Data Extraction Michael Lloyd

5 Benefits of Automating Accounting with Receipt OCR

Accounting with Receipt OCR Accounting with receipt OCR is essential if you want to optimize efficiency and eliminate human error. We’re living in an era of digital transformation and receipt OCR is on the cutting edge. The online landscape has changed the face of banking, tourism and retail sectors – to name just a few […]

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August 12, 2023 ⁠Receipt Data Extraction Tabscanner

Using OCR Receipt Technology Will Add Significant Value to All Your Accountancy and Bookkeeping Practices

Whether you’ve diligently kept abreast of recent OCR developments or are a total greenhorn when it comes to optical character recognition, it’s fair to say that the technology has the power to revolutionise expense management. Long resigned to forecasted innovation – even a technology that our children may find integral to managing their finances – performing an OCR scan […]

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July 12, 2023 ⁠Receipt Data Extraction Tabscanner

Five Ways that Accountants Can Use an OCR Receipt Scanner and Similar Technology to Optimise Growth Strategies

If there’s one word that’s universally-applicable to businesses of all descriptions the world over its progression. Managing directors must, not only make astute decisions with the present circumstances of their business but, have one eye on the future. This ethos allows businesses to better service their clients, grow their client base and increase revenue. Accountancy […]

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January 10, 2023 ⁠Receipt Data Extraction Tabscanner

Are We on the Cusp of an Explosion in Cloud Computing

From humble beginnings, cloud computing has grown to be the essential way that organizations organize and store essential data. Every single day organizations of all descriptions migrate their IT systems to the cloud. Tabscanner is no different. What was first viewed with a mite of trepidation has now grown to become mainstream. It seems hard […]

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January 3, 2023 Artificial Intelligence, ⁠Receipt Data Extraction, Receipt OCR for Loyalty Rewards Tabscanner

Transforming Business Operations: Key Use Cases of Receipt OCR in Expense Management, Loyalty Rewards, and Market Research

Receipt Optical Character Recognition (OCR) technology has revolutionized how businesses handle financial data and customer interactions. By automating the extraction of information from receipts, OCR is driving efficiency and unlocking valuable insights. This article explores three primary use cases of receipt OCR: expense management, loyalty rewards programs, and market research. Expense Management: Receipt OCR has […]

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January 2, 2022 ⁠Receipt Data Extraction Tabscanner

How Do We Use OCR to Digitize Businesses Receipts?

2020 and 2021 has prompted many businesses to re-think their operations, adopting new ways of working, emphasizing sustainable growth, embodying brand values, and proactively planning for the future are at the forefront of business owners’ mindsets.  However, the most obvious example of how the global world has changed is by fully embracing remote or hybrid […]

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December 26, 2021 ⁠Receipt Data Extraction Tabscanner

Digital Transformation Will Fail Without Optical Character Recognition: The Reasons Why

Covid-19 has been a wake-up call for companies to embrace digital transformation. Businesses leaders across a diverse range of sectors view it as the only way to manage their operations in an increasingly socially distanced world.  However, business continuity is impossible without the right technological infrastructure. Implementing new initiatives has been the highest priority for […]

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June 20, 2021 ⁠Receipt Data Extraction Tabscanner

How to Recover Faded Receipts for Your Expense Management Software

No matter the size of your business, expense management software is a godsend. It saves businesses much time, manpower and ultimately overhead costs, improves job satisfaction by streamlining tedious accountancy tasks and all but eliminates mistakes. Now, it’s likely that you’re already using at least one platform to manage your accounts – after all, the […]

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March 30, 2021 ⁠Receipt Data Extraction Tabscanner

How Can Intelligent Character Recognition (ICR) Help Receipt Data Extraction

Data entry has a long and storied history of burdening organizations with high operational costs and inefficient workflows. Turnaround times are laborious and slow, often error-strewn, and inconsistent, not to mention the inherent security risk if you choose to outsource the work. Thankfully, OCR technology eradicates all of these problems. Paper documents can be scanned, […]

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January 15, 2021 ⁠Receipt Data Extraction Tabscanner

The Five Steps to Implementing Digital Expenses You Need to Know… Including Why You Need a Receipt Reader App

It might be a mite too early for the death knell to sound cash transactions and paper receipts, but the signs that complete digital adoption of cashless transactions have been there for a while. This article will give you 5 steps to becoming paperless and answering this question… Why You Need a Receipt Reader App […]

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