Ocr Invoice Definition

An OCR invoice is an electronic document that uses optical character recognition technology to convert scanned paper documents into editable text files. This type of invoice can be generated from a variety of software applications, and can be used to streamline the invoicing process for businesses.

There are many advantages to using an OCR invoice over a traditional paper document. For one, OCR invoices are much easier to store and manage electronically. They also take up less physical space, which can be important for businesses with limited storage space. Additionally, OCR invoices can be easily shared with others via email or through online collaboration tools. Finally, because they are digital files, OCR invoices can be backed up and easily recovered if lost or damaged.