Optical character recognition (OCR) is a data capture technology that enables the extraction of information from a structured or unstructured document for further processing. In accounts payable, OCR technology is used to capture the data that is contained in supplier invoices and other supporting documents such as good receipts, credit memos, etc. The OCR process extracts and interprets data on the invoice such as the invoice number, purchase order number, tax amounts, etc. and that data is then typically validated by a system or an operator. Today, OCR is being rapidly replaced with intelligent document processing, which is a new type of automated data capture solution that use AI to deliver greater capture accuracy.