OCR (Optical Character Recognition)
Definition
Technology that converts images of text (such as receipts, invoices, or scanned documents) into editable digital text. In CEBRIC, OCR is specifically calibrated for Chilean tax document formats.
Practical example
CEBRIC uses OCR to automatically read the tax ID, amount, date, and document type from a Chilean receipt without the user having to type anything.
Related Terms
Artificial Intelligence (AI)
In the context of CEBRIC, AI is used to improve OCR for Chilean receipts and invoices, automate expense classification, and detect anomalies in expense reports. AI learns from company data to improve over time.
Expense Reporting
The process by which an employee reports expenses incurred on behalf of the company, attaching receipts (invoices, bills) for approval and reimbursement. In CEBRIC, this process is automated with OCR and artificial intelligence.