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Now you can also convert scanned documents with any of our PDF converters. MoneyThumb’s PinPoint OCR (optical character recognition) technology seamlessly integrates with your converter. PDF+ is automatically invoked whenever encountering a scanned document or image-based .pdf. It can also be used to convert searchable .pdf statements created by other OCR software, or internally encrypted PDF statements. The PDF+ AddOn will work with the following products
The PDF+ AddOn is sold as a one year renewable license, and is currently only available on Windows
For existing customers of a PDF conversion product without PDF+: Now you can also convert scanned documents by adding a years subscription to PDF+. MoneyThumb’s PinPoint OCR (optical character recognition) technology seamlessly integrates with your converter. It is automatically invoked whenever encountering a scanned document or image-based .pdf. It can also be used to convert searchable .pdf statements created by other OCR software, or internally encrypted PDF statements. PinPoint OCR is specifically designed to work with bank statements and will attempt to correct the text recognition based on its context in the statement. And if that still doesn’t work, the converter shows you exactly what text needs to be manually corrected.
MoneyThumb’s PDF+ with PinPoint OCR is a must-have even if you already have other OCR software. The reason is that PinPoint OCR is specifically optimized for reading bank and credit card statements, and utilizes the expected content of the document to correct errors. No OCR process is perfect, and even the best OCR processing will occasionally get fooled by dirt or dust and transpose lookalike characters such as 1-l, 5-S, or a-g. And if the original document or scan is of poor quality, the numbers of errors goes up dramatically.
MoneyThumb’s core OCR processor is from a company that specializes in OCR and ranks with the best in terms of quality. In addition we improve results by doing a second pass with PinPoint technology. PinPoint leverages the fact that bank and credit card statements are composed of columns with dates and currency values. Therefore the converter can identify text which is in column of dates or amounts, but does not fit that format. Something simple such as an S instead of a 5 would otherwise make such a transaction unrecognizable. Or a date with a month such as Aua rather than Aug.
PinPoint OCR does a second recognition pass on just the text that didn’t appear to be correct, and constrains the OCR engine to only return text strings that match the expected format. By doing this, PinPoint enables the converter to correctly process many transactions that otherwise would require manual correction. The result is 100% accuracy on many documents that had frequent errors before PinPoint processing. And even if a text snippet is completely illegible, the line containing that text will be automatically flagged as a possible transaction. This highlighting capability significantly speeds workflow when processing less than perfect PDF scans, and saves you the time of otherwise hunting through a long statement for a missing transaction.
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