Emburse Adds AI to Receipt Scanning Technology ...Middle East

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Emburse Adds AI to Receipt Scanning Technology
Travel and expense management provider Emburse has launched a new receipt scanning engine that the company said improves accuracy and moves it a step closer to wholly automated expense management. The Emburse Transcription Engine adds an AI component to optical character recognition technology, the capability of scanning printed or written text and converting it into machine-readable data. In receipt scanning technology, OCR traditionally has taken a “geographic” approach, converting data and populating fields based on where such data would typically be found on a receipt, Emburse chief product officer Richard Crum said. That usually results in an accuracy rate in the 70 to 80 percent rang

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