Invoice Format Malaysia Because no document management software system will provide you with 100% recognition rates, does one double check all of your results until now accept the odd a single will slip through the internet. Unfortunately, it’s the odd just one slipping through the net that costs money to track straight down. It makes sense to aim for while high a recognition pace as possible, but this type of strategy has a major drawback, this follows a law involving diminishing OCR returns. The longer and money you spend attempting to improve OCR performance, small the increase in recognition.
Invoice Format Malaysia In case your document management software is achieving a 80% recognition rate, you might have to spend £5, 000 to attain a 5% improvement. When you get to 90%, that similar 5% may cost you £50, 000. When you look at the costs of making and processing a pieces of paper invoice, one thing jumps from the page at you – PRICE. Do you spend time and dollars trying to read paper, until now invest your time into getting it electronically, and handling it through your backend techniques with document management software.