Northeast Utilities Tackles OCR
March 20, 2014
As industries go, utilities have the reputation for being among the most conservative. For Northeast Utilities (NU), one of America’s largest electric companies, that conservative streak meant that decisions and changes were made carefully and deliberately. However, once the company had decided to change, it moved into the ranks of the early adopters for a key AP automation technology—optical character recognition (OCR).
Of the company’s 300,000 invoices a year, roughly half arrived…
Become A Member
Join IOFM today as a Professional, Business, or Enterprise member — or upgrade your Starter membership — to get access to this content and thousands of other Articles, Webinars, Expert Answers, Resource Downloads, and more!