OCR AP Automation is an official business definition for the use of Optical Character Recognition (OCR) technology to automate Accounts Payable (AP) processes. This technology is used to capture data from paper-based invoices, convert it into digital information, and then integrate it into the company’s existing systems. OCR AP Automation eliminates the need for manual data entry, which can be time-consuming and error-prone. By using OCR AP Automation, businesses can streamline their AP processes, improve accuracy, and reduce costs. It also helps to reduce the risk of fraud and errors, as well as improve visibility into the AP process. OCR AP Automation is a great way for businesses to save time and money, while ensuring accuracy and security.