The Story of Optical Character Recognition
Optical Character Recognition has been improving lives & business practices since the early 1900s. Today businesses take advantage of document management software with Optical Character Recognition (OCR). By enabling quick conversion of scanned documents, OCR saves hours spent manually entering information. A key word search finds clauses, terms, or specific language that can be quickly reproduced, amended, or changed as needed. OCR also enhances your contract management software to offer more efficient searches and trouble free edits of documents.
The timeline below displays OCR’s evolution over the years to fit the changing needs of society as well as the business world.