OCR Technology

We firmly believe that it’s the development of our OCR technology, together with the VAT Cloud, that sets us apart. These two technologies provide an automated seamless VAT recovery solution. Optical character recognition allows us to cleanse raw data by extracting exact data fields off source documents. It also allows us to greatly enhance the speed of document processing and reduce human error.

Early optical character recognition technology can be traced as far back as 1914,
to technologies involving telegraphy and creating reading devices for the blind.

Speed read

It is our OCR technology, along with the VAT Cloud, that truly sets VAT IT apart as a company. Together, they ensure the VAT recovery solution we provide is both seamless and fully automated. Optical character recognition (OCR) allows us to cleanse raw data by extracting exact data fields from source documents. It also allows us to greatly enhance the speed of document processing and reduce human error.

Optical Character Recognition

OCR technology allows our systems to read and extract relevant data from a hard copy or pdf invoice and transfer directly into submission-ready claims to be sent to the various VAT authorities.

Machine learning

OCR and its accompanying software learns on the job. Once it encounters a certain type of invoice, OCR remembers it, and in future is able to identify that type of invoice faster and extract its data with complete accuracy. It also learns to fill in missing information on its own.