ABBYY has FineReader Touch (iTunes Link) for the iPhone and iPod Touch in the iTunes App Store for FREE (regularly $8.99) for a limited time.

FineReader Touch is a client app for FineReader Online web-service. The app allows to create digital copies of paper documents in different formats (DOC/DOCX, XLS/XLSX, PDF etc), preserving the original’s structure and style.

Documents are processed in the FineReader Online cloud-based service that ensures outstanding OCR results. Additionally, the online text recognition takes any significant processing load off the device.

FineReader Touch app price includes start package of 10 pages for processing through FineReader Online, you can always purchase additional pages right from within the app.

It’s very easy to digitize and convert documents into editable and searchable formats with FineReader Touch: just take a photo, if needed rotate and crop it, select OCR languages & output format – and get it in your iPhone!
Do not worry about structure of document – FineReader Touch will digitize the entire multipage document with its complex structure,original formatting and styles (including headings, images, bulleted and numbered lists, columns and tables).