5 Easy Hacks to Improve OCR Accuracy Today, OCR technology is widely known. Since companies started implementing the technology, current workflows and business processes changed significantly. Increasing the accuracy of OCR is not immediately due or in the process of achieving it, but you can certainly try to develop your own implementation to achieve better
Banks are struggling to identify the technology that best suits their needs and are keen to get the most out of their investments. KYC automation with Artificial Intelligence (AI) addresses all of the above factors and disrupts the traditional KYC process and the state of the art in the banking industry. AI helps banks automating
Finance Managers and Accountants – go home on time without worrying about paperwork Accounting and financial process management are two of the toughest professional areas in terms of job pressure and work-related stress. Keeping up with the ever-flowing stream of data and numbers leaves even the best accountants tired and dreary. Why? This is because
Differences Between Structured, Semi-Structured, and Unstructured Data Datasets are exploding at an ever-accelerating rate, so collecting and analyzing data to maximum effect is crucial. Companies and businesses focus a lot on data collection in order to make sure they can get valuable insights out of it. Understanding information structure could be a key to opening
How to Manage Packing List in Less Than 1 Hour Picture this: it’s the end of the month, and some poor soul at your company needs to put together the packing list for each order. He or she embarks on this mind-numbing journey by logging into any management system you use, copying the key data
The Use of Intelligent Document Extraction for Banks The banking and financial sector archives and stores large volumes of documents, and with the advances of digital technology, companies have opened up ways to make these documents more efficient. Traditionally, companies have edited documents manually, but advances in digital technologies have opened up a new window
Robotics Process Automation (RPA) enables project managers to complete tasks that are usually time consuming.
Sales Automation Using Intelligent Document Extraction Today, companies are aware that traditional approaches to the ordering process have led to a reduction in productivity and return rates for customers. Fortunately, AI brings Intelligent Document Extraction (IDE) software to solve problems in sales departments. Intelligent Document Extraction is not only relevant and trendy but also becomes
How to Use Artificial Intelligence Solutions for Human Resources? Given the potential for innovation that we have in mind, it is easy to see why companies around the world are beginning to take note of AI’s commercial capabilities. AI has proven useful in business operations for a number of reasons, but no more than the
Intelligent Document Extraction for Finance and Accounting Department The most difficult part of data extraction is that documents (e.g. supplier invoices) have different formats. Each department uses different types of documents to process documents in the email inboxes of the Finance and Legal departments. Those of you in the back office who spent hours sifting
OCR and Intelligent Data Extraction Guide for Beginners Have you ever thought about what a robot could do if it had to extract thousands of documents every day? How do you imagine software robots that help people automate operational activities? Let’s see how OCR and intelligent document extraction can increase operational efficiency. What is OCR?
Automation in Finance: Extracting Data From Invoices With AI (No Coding!) Processing documents, especially invoices, is the most common task to perform in the finance department. Digitizing the documents by moving the data from physical papers to the system has been mostly done manually, which is so time-consuming and error-prone. The question is to do
Removing Watermark + Extract Data From Documents Easily With AI! (No Coding) Extracting data will be difficult and close to impossible if there is a watermark on the document. Watermarks make it difficult for machines to read or see the data. It is time-consuming to extract the data manually, and might be prone to errors.
Extracting Data From Receipts With A.I (No Coding!) Do you receive receipts often and have to manually extract and key in the data from them? Find it too time consuming? Easy to make mistakes? Try Gleematic! It can help you extract data 3-5 times faster with almost no errors! By using OCR, Gleematic can ‘read’ the
Extract Contract Terms With A.I (No Coding) Does your job require you to extract terms from contract manually often? This process can be time consuming and sometimes prone to human errors. Gleematic can recognize key-terms on a contract document and extract them all into a spreadsheet or even enter into a system. This case will
Extracting Data From Passports With A.I (No Coding!) Do you need to extract data manually from passports for your work processes? This is time consuming and prone to human errors. Imagine being able to do it 3-5 times faster while also saving costs. Try using Gleematic! Gleematic is an cognitive automation software that combines artificial
Extract Data From ID Card With A.I (No Coding!) Do you need to manually extract data from ID cards for your job? It is time consuming, imagine doing that almost instantly, allowing you to focus on more value added tasks! Try Gleematic. Gleematic is a cognitive automation software that combines artificial intelligence with robotic process
2 Examples of Automation in Finance Are you spending plenty of time on finance processes? Consolidating the cash book balance monthly and never seems to match with the bank balance? Having to manually check every single invoice your company receives? Did you know that you can make use of automation in finance? Try using our
Accounts Payable Automation Using Intelligent Document Extraction Financial documents are crucial for business processes, as they play an important role in tracking transactions and accounts. Documents pile up to be processed, and manual work is not an option as it has drawbacks due to staff fatigue that can lead to data errors. Companies would need
Using Natural Language Processing to Match Invoice Lines 3-way matching is a essential and important step for every business when they are doing accounting. The process can be tedious. However, you can use natural language processing to help you match your invoice lines. What is Natural Language Processing? Natural language processing (NLP) is a branch
3X Faster Bill of Lading Processing with Automation The Bill of Lading (BL) is a document to show where goods came from, should be sent to, conditions under which the shipment will be transported to its final destination. Land, sea, and air are the means of transport to be stated in BLs. Incorrect bills of
Do you spend lots of time to do invoices entry and How can OCR and intelligence document extraction assist you? A common scene in Finance Departments: tables overflowing with paper, corridors filled with boxes of documents, and there is hardly any space to walk. Some of the staff may be busy looking at the paper sand
How to use “Named Entity Recognition” to read unstructured emails and extract relevant data? According to Wikipedia, The term “named entity recognition” (NER) is a sub-field of Data Science / Natural Language Processing (which is a category of Artificial Intelligence), to locate and classify named entity mentioned in unstructured text into pre-defined categories such as
How to use intelligence document extraction to streamlines processes If you are services companies like banks or insurances, you will need to extract information from pdf files. This process is very common for Know your customer. Some of the pdf files are in the image, so you need to run an optical character recognition. Even