From Paper to Digital: Transitioning to OCR Bank Statements
Banks and other financial organisations must digitise their information for quicker storage and retrieval as they process millions of client papers annually. An developing technique called optical character recognition (OCR) makes it possible to extract data from PDFs and photos and convert them to Excel, CSV, and other formats. With the use of OCR, banks can swiftly extract client information from PDF documents, transform it, and make it searchable.