Optical character recognition (OCR) software help convert non-editable document formats such as PDFs, images or paper documents into machine-readable formats that are editable & searchable.
Content Overview
OCR applications are commonly used to capture text from PDFs & images and convert the text into editable formats such as Word, Excel or a plain text file. OCR is also used to digitise files and documents to make them searchable.
OCR software leveraging AI/ML capabilities can also help automate data capture from scanned documents/images. AI-based OCR can digitize the data in convenient, editable formats that fit into organizational workflows.
Below are list of Products available in the market for OCR. We are not providing any ranking here. You can use them based on your use case.
Google Document AI
Google Document AI can extract structured data from documents and analyze, search and store this data. The Document AI solutions suite includes pre-trained models for data extraction, Document AI Workbench is useful to create new custom models or uptrain existing ones and Document AI Warehouse to search and store documents.
Google uses Artificial Intelligence algorithms to achieve higher data accuracy and reduce the number of manual human reviews. You can cut down on processing costs, ensure legal compliance, and derive insights from multiple documents in order to provide better customer experiences in just a few clicks. The software can process up to billions of documents on a daily basis and computer vision technology embedded with the platform enables users to read and scan information from scanned images and unstructured texts. Users can add human reviews to boost the accuracy of data extraction for the AI models, apply data validation, and custom parsing features as well.
Amazon Textract
Amazon Textract can automatically extract printed text, handwriting, and data from any document. Extract text and structured data such as tables and forms from documents using artificial intelligence (AI)—no configuration or templates necessary. Amazon Textract has a special feature known as Selective Context Attentional Scene Text Recognizer (SCATTER) which leverages computer vision technology to recognize text from complex scanned image backgrounds. It can detect different currency symbols, characters, rows and columns in large tables, and read data from various forms in high resolution as well.
Azure Computer Vision – Text extraction (OCR)
Machine-learning based OCR techniques allow you to extract printed or handwritten text from images, such as posters, street signs and product labels, as well as from documents like articles, reports, forms, and invoices. The text is typically extracted as words, text lines, and paragraphs or text blocks, enabling access to digital version of the scanned text. This eliminates or significantly reduces the need for manual data entry.
Rossum AI
Rossum helps users organize, manipulate, and process all the incoming documents. It is particularly useful for processing invoices. It uses Artificial Intelligence to scan and interpret a variety of file types, irrespective of variable document layouts and formats. Rossum also allows its users to add in-depth integrations, coding semantics, and receive automated confirmations, edit or correction requests, and alerts about document conversions that are set to match business requirements.
ABBYY Flexicapture
ABBYY Flexicapture comes with advanced functionalities to scan photos/pdf documents and translate them into text, table, and other formats. ABBYY Flexicapture helps enterprises eliminate manual data entry, focus on more productive tasks, and automate various administrative processes. The software lets users scan, digitize, retrieve, edit, protect, collaborate, and share all kinds of documents and maximizes efficiency in digital workplaces.
Kofax Omnipage
Omnipage is a powerful PDF OCR software that can handle automation for high-volume corporate OCR tasks. This tool specializes in table extraction, line item matching, and smart extraction. It has Has a robust set of tools for enhancing images. Their results are highly accurate.
OmniPage Ultimate is a professional-grade software to convert your images (JPG and PNG), papers, and PDFs to digital files. If you have a large company and need a reliable OCR program then we can go for Kofax. However, for individuals, this software would be too expensive.
Docparser
Docparser helps identify data and extract it from image-based documents through its Zonal OCR Technology. Docparser can extract tabular data, set custom parsing rules, smart filters, and has powerful image preprocessing capabilities. Users can take advantage of its barcode and QR code scanning technology when reading documents and forward parsed documents to various Cloud apps straight from the platform.
Tesseract
Tesseract was conceptualized by HP and maintained by Google. This Python-based OCR tool promises high accuracy for text. Tesseract is also an open-source OCR engine that uses trained LSTM models to accurately extract and interpret information from a variety of documents. It offers support for legacy applications and has its main repository located at Github. Its later versions include special features such as a layout analysis, inputting images, multi-columned texts, equations, etc.
Docsumo
A powerful AI-driven platform to automate data capture, extraction, and processing for a gamut of document types. Docsumo uses a combination of intelligent OCR, AI, and Machine Learning algorithms to digitize documents and convert them into various formats. API models are trained to recognize different document layouts and extract data from them. Users can upload files in bulk and need not manually review them once APIs get the hang of reading their preferred document types.
Adobe Acrobat Pro
The Adobe Acrobat Pro DC is an end-to-end document processor with powerful OCR functionality. It uses Optical Character Recognition (OCR) to convert scanned documents, PDFs, and other images into digitized documents which are easily searchable and editable by users. The software is specifically designed for business professionals and it is compatible with both Windows and Mac operating systems.
Readiris
Readiris automatically converts images, paper documents, and PDF files into searchable and editable text. Readiris uses just a few clicks to convert and manage your documents all in one place. It can sign documents, edit, merge, and the speed of conversions is very good when it comes to converting documents in different file formats. Users can additionally extract texts embedded in images using its intelligent OCR data capture technology.
Nanonets
Nanonets is an AI-based OCR software that automates data capture for intelligent document processing of invoices, receipts, ID cards and more. Nanonets uses advanced OCR, machine learning image processing, and Deep Learning to extract relevant information from unstructured data. It is fast, accurate, easy to use, allows users to build custom OCR models from scratch and has some neat Zapier integrations. Digitize documents, extract data-fields, and integrate with your everyday apps via APIs in a simple, intuitive interface.
Klippa
Klippa provides automated document management, processing, classification and data extraction solutions to digitize paper documents in your organization. It helps to improve the effectiveness of your organization with OCR software, which stands for optical character recognition. You can process receipts, invoices, contracts, passports and other documents, using our optical character recognition software powered by machine learning.