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World Journal of Advanced Research and Reviews
Article . 2025 . Peer-reviewed
Data sources: Crossref
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ZENODO
Article . 2025
License: CC BY
Data sources: ZENODO
ZENODO
Article . 2025
License: CC BY
Data sources: Datacite
ZENODO
Article . 2025
License: CC BY
Data sources: Datacite
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AI-enhanced OCR for financial document processing: Advancing recognition accuracy in modern enterprise finance

Authors: Charabuddi, Ranadheer Reddy;

AI-enhanced OCR for financial document processing: Advancing recognition accuracy in modern enterprise finance

Abstract

This article explores the transformative impact of Artificial Intelligence on Optical Character Recognition technologies within financial automation frameworks. Traditional OCR systems have long encountered limitations when processing diverse document formats, handwritten content, and low-quality scans, creating significant barriers to automation efficiency. The integration of deep learning algorithms and natural language processing capabilities has revolutionized these systems, enabling dynamic learning, contextual understanding, and significantly improved accuracy in extracting critical financial data. The resulting systems demonstrate remarkable adaptability across varying document types, substantially reducing manual intervention requirements while enhancing operational efficiency, cost management, and regulatory compliance. Although human oversight remains essential for complex decision-making scenarios, the synergy between AI and OCR technologies represents a pivotal advancement in financial document processing, offering organizations substantial competitive advantages through improved data integrity and streamlined workflows.

Keywords

Machine Learning, Optical Character Recognition, Artificial Intelligence, Document Recognition, Financial Automation

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    popularity
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    Top 10%
    influence
    This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
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    impulse
    This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
5
Top 10%
Average
Top 10%
Green
gold