Machine learning in text recognition and data extraction
[vc_row pix_particles_check=””][vc_column][heading title_color=”heading-default” title_size=”h3″ position=”text-left” title=”What is machine learning?” css=”.vc_custom_1647845385085{padding-bottom: 20px !important;}”][vc_column_text]A branch within Artificial Intelligence, Machine learning allows computers to learn and improve independently without explicitly coding the rules. Machine learning is about building computer programs that can learn independently from past or real-time data. The machine learning model performs data analysis on top […]
Straight Through Processing for Insurance Industry
[vc_row pix_particles_check=””][vc_column][vc_column_text]Insurance is an industry that has to process an enormous amount of documents on daily basis. Human resources is a core aspect of the insurance industry due to the lack of automation at various levels in an insurance firm. Straight Through Processing (STP) is one such processing automation layer/characteristic that will allow insurance organizations […]
3 reasons why precision is the only secret sauce to success in IDP
[vc_row pix_particles_check=””][vc_column][vc_column_text]The estimated market for Robotics Process Automation (RPA) is $ 11 Billion by 2027. What is possibly the reason this sector is growing at a CAGR of 34% from last 7 years? The answer is very simple. (No Prize for guessing). Robotics Process Automation (RPA) is capable of automating repeated mundane task. Earlier these […]
Straight Through Invoice Processing for Accounts Payable
[vc_row pix_particles_check=””][vc_column][vc_column_text]One of the biggest obstacles for any organization is consolidating and processing the receipts and invoices for various vendors and suppliers. Organizations that deal with different suppliers and vendors need to also ensure that their payments are processed on time with accuracy. As large amount of paperwork has to be reviewed, data entry carried […]
Advantages of Adopting Straight Through Processing
[vc_row pix_particles_check=””][vc_column][heading title_color=”heading-default” title_size=”h3″ position=”text-left” title=”Introduction” css=”.vc_custom_1646659892677{padding-bottom: 15px !important;}”][vc_column_text]Technology and innovation is the constant change in our lives that has helped to improve our daily routine. From analog, dial-up connection to 5G & fibre optic connection, we have rapidly innovated in every decade. Business automation has taken place on a massive scale as well. Online […]
Semantic Segmentation; A brief overview
[vc_row pix_particles_check=””][vc_column][heading title_color=”heading-default” title_size=”h3″ position=”text-left” title=”Introduction” css=”.vc_custom_1646635044577{padding-top: 10px !important;padding-bottom: 10px !important;}”][/vc_column][/vc_row][vc_row pix_particles_check=””][vc_column][vc_column_text]With the continuously rising digital era, data is driving the world. Even the photographs or videos you capture on your mobile device are abundant storehouses of valuable data that can be stored, used, and analyzed. Data from digital images have several real-world applications ranging […]
Invoice scanner; A detailed guide to invoice scanning
[vc_row pix_particles_check=””][vc_column][vc_column_text]Since ages, manual data entry and record keeping has led to businesses suffering from manual paperwork and data processing, lost invoices, and lack of transparency in invoice processing. All this manual data entry can lead to incorrect data entry and human error, delaying the billing cycle and causing duplication. To improve data capture and […]
A Closer Look at Data Augmentation and It’s Possibilities
[vc_row pix_particles_check=””][vc_column][pix_text content_color=”body-default”]The efficacy and effectiveness of any machine learning model are as good as the data set used to train the model in the first place. Under the current circumstances, although companies are producing more data than ever, the variety and diversity of the data available to train new models are still very limited. […]
Exploring The Best Online Free OCR Software: Are These Really Safe?
[vc_row pix_particles_check=””][vc_column][pix_text content_color=”body-default” css=”.vc_custom_1643614445306{padding-top: 20px !important;}”]If you’re among those who are regularly assigned the tedious job of typing whatever is stored in physical or digital documents instead of devoting time to your real work duties, a good OCR software is nothing short of a lifesaver for you. Finding what you really need and then using […]
How To Build an Automated Invoice Processing Workflow
[vc_row pix_particles_check=””][vc_column][vc_column_text] Using an Automated Invoice processing software to make invoicing faster, more accurate, and fully compliant can significantly improve overall organisation efficiency and productivity, not to mention the huge economic benefits realised through time and cost savings. Aside from those advantages, a cloud based automated process guarantees that invoices are maintained even during moments […]