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Manual data entry and OCR are costing you time and money. There’s a better way to get where you want to go, no matter what type of content you have. Take the ROI ride of a lifetime with Infrrd. #intelligentautomation #mlocr #intelligentdocumentprocessing #processimprovement
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#IntelligentDocumentProcessing enables organizations in healthcare, finance, legal, retail, & manufacturing to efficiently manage large volumes of critical data for faster decision-making & improved customer satisfaction. Talk to our Automation Experts: AI based Document Processing Platform/
In keeping with our spirit of continuous learning and improvement, we made some great upgrades to our IDP platform over the summer. As you know, Infrrd empowers our clients with solutions for intelligent work that take advantage of end-to-end process automation, a critical part of which is automated data extraction. Our intelligent document processing (IDP) platform leverages a machine learning (ML) model that any user can use to create a powerful data extraction solution delivering efficiencies and cost savings far beyond the reach of standard optical character recognition (OCR) systems. Data extraction can get extremely messy and necessitates human-in-the-loop intervention to improve the efficiency of the algorithm, although ensuring 100% accuracy can be a challenge. Our improved Audit feature addresses this aspect by making it easier for users to extract and review corrected data.
This past month, the Infrrd team collaborated with our client, a large financial institution that has a team of about 100 people extracting data from documents manually. This customer processes a huge variety of documents from numerous sources that do not have any fixed format. Every document from every provider comes with its own unique layout and vocabulary of information. These documents arrive at the firm’s mail room where they are combined into packets of hundreds of documents then get handed-off to the data processing team. In all, the customer has millions of combinations of layouts from which the team extracts data.
Gartner recently released, “Infographic: Understand Intelligent Document Processing”. According to Gartner, “The market for document capture, extraction, and processing is highly fragmented. Data and analytics leaders should use this research to understand the process flow and differentiated capabilities offered by intelligent document processing solutions.” In this series of posts, we speak to the 6 critical flows in Intelligent Document Processing (IDP) that Gartner covers and how Infrrd solutions stack up.
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With iKapture’s IDP (Intelligent document Processing) solutions, AP teams can streamline document workflows, save time and money on data entry, invoice processing, and other document-related tasks, all while maintaining speed and accuracy.
iKapture’s IDP is changing the game for accounts payable with AI. From automating document workflows to improving vendor and employee experiences, our solutions are revolutionizing how businesses manage their documents. Contact us today to learn more: AI Based Document Processing Solution/!
Do you believe AI can do everything? Find out some of the reasons why AI cannot make Chai / Tea. hubs.ly/H0r-f0t0
Autosmic provides you Excel automation and intelligent document processing digital automation platform, services for process automation secure, scalable, reliable, low maintenance, work done faster and smarter service for your business to get rig of lot of paper works.
According to Gartner, "The market for document capture, extraction and processing is highly fragmented. Data and analytics leaders should use this research to understand the process flow and differentiated capabilities offered by intelligent document processing solutions."
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Priya Thampi, VP Engineering Explains - Why customers believe in Infrrd’s approach and how Infrrd’s technology is making a difference from others.
The future of work changes with the power of automation. Where can you find data that automation needs? We get insights from Nik Sanghvi. hubs.ly/H0sDXCn0
Most people think that Intelligent Document Processing (IDP) systems are used by companies to primarily save costs. Our experience with some of our leading financial services customers has taught us that this is not usually true.
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Find a new way to optimize your business processes and how enterprises can drive new, transformative business outcomes using Infrrd's IDP solutions.
Accuracy is an important factor when it comes to business data extraction. Find out how the AI-based extraction tool tackle the OCR problem.
Find the key features of the Infrrd's IDP Platform to address business and technical challenges on automating data extraction from complex, unstructured documents such as healthcare forms.
#healthcaredocuments #machinelearning #RPA #AI #ml #artificialintelligence #intelligentautomation #IDP #NLP #dataextraction #business #intelligentdocumentprocessing #complexdocuments #datainsights