Case study | driver’s license | OCR | AI

Overview

Scanning your driver’s license with OCR

Context

Your driver's license is one of the most important documents when you get a car. You need it also to pass control, open a car insurance, or buy a car. Moreover, this document can also be used to prove your identity at the same level as an ID card. In this use case, we will analyze how OCR can help with extracting data from driver licenses.

Challenge

Solution


Introduction

The AI concept took an entirely new role in the modern world. While some managers fear these two words, other executives see in AI the must-have-tool. Indeed, even Forrester predicts the industry will continue to grow from $250 million in 2016 to $12 billion in 2023. Beyond these optimistic statistics, companies realised that AI can benefit the productivity of their activity. With the help of machine learning or deep learning, the tools such as robotic process automation‎, voice recognition, or OCR have seen the day. But, how do we go from AI to OCR? …


Introduction

The curiosity in artificial intelligence (AI) is taken to a whole new level these past years. Every day new startups, new tools, new innovations are growing. Two words, in the middle of all this interest: machine learning (ML). This term is now always mentioned when we talk about AI. Nowadays, though, people who interested in learning more about this technology won’t have time to go back to college or spend a whole year on a training course. For this reason, we decided to created this article.


Case study | Accounting | OCR | AI

Overview

An OCR workflow allowing you to win some time on the accounting process by automating extracting data from invoices (bills).

Accounting automated
Accounting automated

Context

Accounting and banking are both sectors that require multiple time-consuming tasks. These repeated missions can also impact the productivity of many employees. Nevertheless, today we assist in the rise of tools that allow us to automate all these processes. Indeed, automation technologies such as RPA are expected to have a potential economic impact of 6.7 trillion dollars by 2025. Moreover, tools like OCR can also be an alternative to RPA and help you to automate your accounting or banking processes…


Case study | banking| OCR | AI | Accounting

Overview

The workflow allowing to optimize filling loan applications by autoextracting data that will result in reducing input errors and approving loans in seconds.

loan application process with OCR
loan application process with OCR

Context

According to Banque de France, “at the end of May 2020, the outstanding amount of drawn credit reaches 1,140.3 billion euros, up by +10.8% year-on-year, after a rise of +8.2% between April 2019 and April 2020.” This statement shows us clearly that the “loan industry” is still in growth. And this is not a surprise when we know that a loan can be made for a lot of reasons: real estate, car, studies, etc. Nevertheless, this transaction…


Introduction

In our previous article, we have put in the light the OCR technology tools. We saw what it is, how it works, and some actors of the market. Market, that by the way, will reach real growth by the end of 2025. In view of this information, you probably ask yourself how to take advantage of OCR technology. This article will help enlighten your little bulb. Indeed, we will expose you 3 ways of using OCR APIs to improve your business.

improving a business with digital
improving a business with digital

OCR for banking and finances industries

Nowadays, the banking and finance industry are two sectors using the most of data. Whether to create a bank…


Case study | Human resources | OCR | AI

Overview

A workflow allowing to automate post-recruitment processes

Context

In our new digital context, many workflows are being automated. E-commerce industry, tourism, banking, or even the transport industry, all these sectors are being digitized. In a previous use case, we saw how an API platform can assist in decision making regarding company human resources. Today, we are going to see the best way for automating tasks in the human resources processes. We will explain how an API platform can help in post-recruitment processes.

Challenge


Introduction

OCR technology, also known as optical character recognition (OCR), allows anyone to convert a paper or scanned document into an editable text file. It works by reducing the tedious and time-consuming tasks of manual data entry. In our article, we decided on the one hand, to tell you a little more about this subject. On the other hand, to list the most used API OCR tools and the ones you may not know yet.

Artificial intelligence
Artificial intelligence

How does OCR work?

Before an OCR system can deliver a usable and editable document, it goes through a number of steps. …


Case study | E-commerce | OCR | AI

Overview

Optimizing workflows for bying and sellinng in e-commerce

IA in ecommerce
IA in ecommerce

Context

Nowadays, the e-commerce industry is one of the sectors that extract tonnes of data. From mail addresses to phone numbers, or even to preferred colors, we believe every single data should be used. Many market players have seen their benefits growing. In this use case, we will see how e-commerce websites can recover data with OCR technology.

Challenges

Solution


Case study | Hotels | Catering | Tourism

Overview

A workflow allowing check-in automation for the hotel and catering industry.

Today as always, check-in at some hotels can take a while and become quite frustrating. In this case study, we will discover how formalities due to check-in can be settled in less than 5 minutes. The miracle tool – OCR. Let’s discover this automated workflow!

Challenge

Solution

Install OCR connectors to collect and classify data.

Results

Young App Platform

Young app (youngapp.co), AI-driven text data extracting APIs.

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