North America’s successful T+1 settlement transition offers crucial insights for Europe and Asia. Learn the challenges, disparities, and key areas for...
What is Automated Data Capture
Automated data capture refers to the process of using technology and systems to automatically collect and record data without manual input. This involves leveraging various technologies such as barcode scanners, optical character recognition (OCR), and sensors to capture information from physical or digital sources. Automated data capture streamlines the collection of data from documents, images, forms, or other sources, reducing the need for manual data entry and minimizing errors. This approach enhances efficiency, accelerates data processing, and improves the accuracy of information within an organization. Automated data capture plays a crucial role in modern business operations, facilitating the rapid and reliable extraction of data for analysis, decision-making, and overall process optimization.