Remove Audit Remove Record Retention Remove Regulatory Compliance
article thumbnail

Best OCR and PDF Data Extraction Integrations for OneDrive in 2023

Nanonets

Ensuring Compliance: For industries like healthcare, finance, and legal, where certain documents must be retained for a specific period due to regulatory requirements, OCR and document data extraction can be instrumental. Enhanced Accessibility: OCR allows businesses to convert non-accessible documents into an accessible format.

article thumbnail

What is document workflow management?

Nanonets

Audit trails track document views, access times, and modifications, improving document security. Improved Regulatory Compliance: Compliance requirements can be complex, but document workflow management reduces the risk of non-compliance. This helps maintain data security, confidentiality, and regulatory compliance.