Cost-effective Ways to Convert Invoice to Excel
[vc_row pix_particles_check=””][vc_column][vc_column_text] Every organization has a set of structured and unstructured data stacked up somewhere or the other. Out of the unstructured documents, vendor invoices form a non-trivial part. With the advent of digitalization, paper-based invoices are now replaced by digital counterparts. But, the number of PDF invoices piling up on the AP (accounts payable) […]
Reinforcement Machine Learning and its Influence on Document Data Extraction
[vc_row pix_particles_check=””][vc_column][vc_column_text] Remember how kids are taught good behaviour? A child is given candy after dental checkups, chocolates for good grades and so on. This is called positive reinforcement. If you got an amazing gift from your parents after high school grades or a bonus for being an employee of the year that’s positive reinforcement right there. […]
Achieve 90% Accuracy in 90 days in Document Data Extraction
[vc_row pix_particles_check=””][vc_column][vc_column_text] KlearStack is an Intelligent Document Processing platform embedded with artificial intelligence and machine learning to provide seamless document data extraction from invoices, payment orders, receipts and more. KlearStack solutions are developed to solve the challenges of manual processing of documents which is a time-intensive and error-prone process and is carried out in most of the […]
Intelligent Data Extraction: Unlocking Insights From Unstructured Data
[vc_row pix_particles_check=””][vc_column][vc_column_text] There are industries that generate thousands of documents every day which have important information to be captured and can be used for analysis and other purposes. With the advent of Optical Character Recognition(OCR) software in the 1990s, it became quite easy to extract and store information from multiple files and sources that reduced the […]
AI Data Extraction v/s Traditional template based data extraction
[vc_row pix_particles_check=””][vc_column][vc_column_text] Most of the mid to large enterprises globally have an average of 500+ suppliers who periodically send invoices every month for providing goods and services to these businesses. For reconciliation and payment management, these enterprises have to read these invoices manually, extract information (like invoice date, invoice number, due date, amount, tax amount, […]