In recent years, the use of optical character recognition software, or OCR, has changed the game for businesses across industries. Rightfully celebrated for its convenience, OCR allows scanned and photo-captured documents to be converted into easily searchable, edit-ready text files, making the import of various data more efficient.
However, standard or traditional OCR processes are not at all foolproof, and their reliability depends heavily on their application as well as the volume of documentation being converted. How can legal teams distinguish between an unreliable OCR process and an efficient one, and how important is acquiring advanced OCR capabilities?
In this eBook, we’ll highlight some of the pitfalls of traditional OCR processes for contract management, and look at the overall benefits of adopting a more advanced solution.