Transform your daily workflows and OCR Model Contract

Aug 6th, 2022
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How to OCR Model Contract

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[Music] hello there my name is quentin russell and i am the engagement specialist here at doc365 today were going to be uh presenting a webinar on a basic guide to ocr contract management tools uh mostly because this is kind of a big topic thats coming up recently a lot of other contract management solution providers are beginning to add ocr to their systems and so we figured wed kind of give you a crash course explain things to you let you know so that when you are appraising these different solutions um you know what everyones talking about and no ones gonna kind of be buzzwording you to death as a lot of sales people tend to do with that said i think were good to get started so what were going to be talking about today so first of all were going to go over who we are kind of lets establish our credibility let you know that we know what were talking about and then from there well jump into talking about what ocr is after that well talk about how ocr interacts with contra

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Tesseract. Tesseract is the most acclaimed open-source OCR engine of all and was initially developed by Hewlett-Packard. Its a free software under Apache license thats sponsored by Google since 2006. Tesseract OCR engine is considered one of the most accurate, freely available open-source systems available.
OCR software can be used to convert a physical paper document, or an image into an accessible electronic version with text. For example, if you scan a paper document or photograph with a printer, the printer will most likely create a file with a digital image in it.
OCR software can be used to convert a physical paper document, or an image into an accessible electronic version with text. For example, if you scan a paper document or photograph with a printer, the printer will most likely create a file with a digital image in it.
A simple OCR engine works by storing many different font and text image patterns as templates. The OCR software uses pattern-matching algorithms to compare text images, character by character, to its internal database. If the system matches the text word by word, it is called optical word recognition.
What is OCR? Optical character recognition (OCR) technology is a business solution for automating data extraction from printed or written text from a scanned document or image file and then converting the text into a machine-readable form to be used for data processing like editing or searching.
Tesseract. Tesseract is the most acclaimed open-source OCR engine of all and was initially developed by Hewlett-Packard. Its a free software under Apache license thats sponsored by Google since 2006. Tesseract OCR engine is considered one of the most accurate, freely available open-source systems available.
Optical character recognition or OCR refers to a set of computer vision problems that require us to convert images of digital or hand-written text images to machine readable text in a form your computer can process, store and edit as a text file or as a part of a data entry and manipulation software.

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