Digital Transformation

Digitize
The process of converting information into a digital (computer-readable) format. The digitized data can now be processed, stored, and transmitted by computers and other digital devices.
Optical Character Recognition (OCR)
Optical Character Recognition (OCR) is a technology that enables the conversion of different types of documents, such as scanned paper documents or images captured by a digital camera, into editable and searchable data.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.