Infrrd OCR and OpenText Capture are competitors in the OCR technology market, focusing on document processing automation. Infrrd OCR holds an advantage for its customization and customer service, while OpenText Capture is preferred for its superior features and functionality.
Features: Infrrd OCR provides exceptional customization, AI-enhanced capabilities, and strong platform integration, tailored to specific business processes. OpenText Capture offers advanced automation tools, comprehensive workflow management, and enterprise-grade solutions, ideal for large-scale needs.
Ease of Deployment and Customer Service: Infrrd OCR is known for its quick and easy deployment, with responsive customer service, requiring minimal technical support. In comparison, OpenText Capture's deployment is more complex with longer lead times, needing technical assistance, contrasting with Infrrd's simplified process and superior support.
Pricing and ROI: Infrrd OCR features competitive setup costs, quick ROI, and is cost-efficient, appealing to budget-conscious businesses. OpenText Capture has a higher initial investment and longer ROI timeline but offers long-term value through its robust features, justifying its pricing for complex environments.
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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