

Infrrd OCR and OpenText Capture compete in the Optical Character Recognition software category. Infrrd OCR appears more favorable for its budget-friendly pricing and support, while OpenText Capture is preferred for its advanced feature set.
Features: Infrrd OCR offers AI-driven data extraction, flexibility, and scalability, making it adaptable to various business needs. OpenText Capture provides extensive document digitization, automated workflows, and enterprise-level features, appealing to large-scale implementations.
Ease of Deployment and Customer Service: Infrrd OCR's deployment is straightforward with responsive service, ideal for quick implementation. OpenText Capture requires more complex deployment, suitable for businesses with IT resources and longer onboarding, with support aimed at enterprise concerns.
Pricing and ROI: Infrrd OCR's competitive pricing and minimal initial costs lead to rapid ROI, attracting small to medium businesses. OpenText Capture involves higher initial investment, generally seen as worthwhile for large enterprises due to long-term value and efficiency.
| Product | Market Share (%) |
|---|---|
| OpenText Capture | 5.2% |
| Infrrd OCR | 1.6% |
| Other | 93.2% |
| Company Size | Count |
|---|---|
| Small Business | 2 |
| Large Enterprise | 6 |
Infrrd's OCR is used for scanning and extracting data from a wide range of documents. It allows the documents to be uploaded as text documents instead of images. Any kind of printed document, be it receipts, invoices, contracts, utility bills, licences, bank statements etc can be scanned easily and promptly with this solution. Infrrd OCR uses NLP instead of templates for recognizing entities in the document, and Machine learning for building an automatic context around the document being handled.
OpenText Capture leverages machine learning for effective document extraction and automated vendor invoice management, boasting powerful integration capabilities with CRM systems and an efficient OCR tool. Its platform supports API interaction for comprehensive document management.
OpenText Capture enhances document processing through accurate indexing with machine learning and efficient image capture via OCR, integrating data into systems like ECM and ERP. Users benefit from streamlined workflows, automating tasks such as extracting invoice data from scanned or emailed documents. Challenges include improving AI-driven document duplicate detection, OCR for lease abstraction, and the development of mobile capture features. Users seek a more user-friendly experience with lower licensing costs.
What are the key features of OpenText Capture?Industries rely on OpenText Capture for efficient document management in capturing vendor invoices and automating workflows. In real estate, OCR might be used for processing lease documents, streamlining property management. Finance sectors benefit from automated invoice handling, often integrating data with ERP systems for improved financial oversight.
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