Some light editing is also possible, along with annotating your PDF documents. It offers a full list of features that allow you to take any scanned document and convert it into a machine-readable equivalent. This is a purpose-built software utility for OCR and has been around for a long time.
Thankfully, there are alternatives that are equally capable. For a small company with limited resources, it can be quite expensive. The obvious downside of Adobe's products is the pricing. Not a lot of tools can handle this properly, but Adobe Acrobat does it fairly well. One neat feature is the ability to scan text in table format.
For example, a colleague using Photoshop on the cloud can easily touch up an image containing text for greater clarity, and you can quickly import it into Acrobat from the cloud server and do OCR on it.
The clear advantage here is the seamless integration with apps like Photoshop, also from Adobe.