Glossary
OCR
Automatic document reading: a scanned invoice or ID becomes usable text, with no copying.
OCR (“optical character recognition”) reads a document (PDF, scan, photo) and extracts its text: an invoice amount, a name on an ID, a company number on a registration extract.
In an SME it is the cure for attachments that get retyped: the supplier invoice received by email lands straight in accounting, the supporting document in a funding file checks itself. Reserve it for documents you process in volume: for ten invoices a month, a human stays simpler.