OCR and Intelligent Document Processing: Transforming Multiple Businesses at Once

[vc_row pix_particles_check=””][vc_column][vc_column_text] New-age businesses are keen on migrating to a completely digitized operation. While it is certainly the best way forward, sometimes companies and businesses fail to understand that everything needs to go digital for this dream to come true. Thus, if your organization is thinking of a digital transformation, doing away with the physical […]

Multi Page Invoice Processing Made Easier with KlearStack

[vc_row pix_particles_check=””][vc_column][vc_column_text] Invoice data extraction and invoice processing has been quite a big challenge for business leaders, owing to the complexities that different data extraction software bring along. While AI-enabled OCRs are capable of interpreting and extracting meaningful data from the invoices, there is a significant aspect of intelligent document processing that businesses may be […]

How Can the Scope of Receipt Data Extraction Software Be Improved with AI?

[vc_row pix_particles_check=””][vc_column][vc_column_text] No document is as important as the one that reflects the evidence of a financial transaction. Receipts, as we know them, are the most commonly stored documents in households and companies. While there is no doubt that the information printed on every receipt is invaluable, the lack of awareness about automated methods to […]

Demystifying the myths about invoice OCR data extraction

[vc_row pix_particles_check=””][vc_column][vc_column_text] Accounts payable (AP) has evolved in the past few years. From manually entering invoice data into the company’s internal systems to reviewing the spreadsheets and sending it for approval, the process is now automated. Technologies like AI and machine learning have evolved invoice OCR AKA invoice data extraction from being human dependent to machine dependent. A series […]

Invoice Data Extraction Deep Learning is the Key

[vc_row pix_particles_check=””][vc_column][vc_column_text] While the age of digitization is transforming the way a business functions, it keeps posing new challenges in front of companies so they can evolve their processes. An organization receives tons of documents everyday; be it invoices, receipts, loan documents, mails, contracts, and what-not. Document information extraction and processing is the central concern […]

Factors to consider while selecting an invoice data extraction software

[vc_row pix_particles_check=””][vc_column][vc_column_text] How to automatically extract data from invoices? – “Use an invoice data extraction software!”- this is a common, yet vague answer many industry leaders often get. However, the mystery behind which is the right software remains unsolved. Consequently, business owners end up either wasting a massive amount of money on irrelevant software or simply […]

Why Data Extraction Using Traditional OCR Technology May Be Slowing Down Your Business

[vc_row pix_particles_check=””][vc_column][vc_column_text] If your internal business operations are nonetheless stuck at traditional Adobe to Excel conversion, your business seriously needs a boost. You do have an OCR software installed at your premises for data extraction and processing, but manual verification, interpretation and rectification of the extracted data are still parts of your document processing task. Traditional OCR […]