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Month: August 2017

OCR drives innovative tech tools for assisted learning

The use of technology has transformed classroom productivity, increased student engagement and motivation and, most importantly, accelerated learning. Technology has also played a critical role in enhancing the lifestyle of individuals requiring assistance, ranging from the visually impaired to auditory learners. There are several innovative assisted learning tools available with the foundational technology being optical character recognition technology (OCR). OCR technology provides efficient and accurate document processing, coverts paper- or…

Building better business intelligence with AI & Machine learning

We can all think of ways automation has created positive and negative effects in our lives. In our modern world, nearly every service and purchase we make today is automated on some level. Whether a transaction takes place in a branch, a store, or on our mobile devices, we have all begun to experience both the benefits and, at times, the agnostic dread of automation through AI and machine learning.…

Putting business into customers’ pockets

If you want to see a bank customer wince, ask him to manually input some long numbers into your system. Yet in this digital transformation times, a large number of payments made by customers are still done by keying in data manually. The data that many businesses still require customers to provide range from account numbers, bank’s routing numbers, tax code numbers, tracking numbers to ID cards and passport numbers.…

The inflection point. When companies make improvement changes in accounts payable

One of the most rewarding aspects of my work is being able to talk with organizational leaders about how, when and why they decide to improve their business processes. And while no two companies or situations are the same, overarching trends come to surface—trends that can provide valuable insight to decision makers at other organizations who may be nearing their own inflection point.  By Daneen Storc, Senior Product Marketing Manager at ABBYY. Awareness…