Automated Receipt Processing Software Using OCR & Deep Learning
[vc_row pix_particles_check=””][vc_column][vc_column_text]Optical Character Recognition (OCR) and deep learning have become crucial aspects of document automation. OCR helps in data extraction and deep learning helps in the evolution of the document automation solution. Enterprises are looking for these technologies in the document automation solution that they would like to adopt to automate and digitize documents like […]
Receipt Recognition with Deep Learning & Computer Vision
[vc_row pix_particles_check=””][vc_column][vc_column_text]Advancement in artificial intelligence and machine learning has helped to automate various business operations across industries. Businesses look for lean growth and artificial intelligence plays an important role in it. Deep learning and computer vision are some of the many technologies of artificial intelligence that help businesses to automate their document management and data […]
3 Industry Use cases of Mobile-Based receipt data extraction on the go
[vc_row pix_particles_check=””][vc_column][vc_column_text]We live in a digital age where almost any monotonous work is mundane. Today, recurring processes are performed by computers and software and not humans. When it comes to observation, one can start from small companies to multi-billion dollar organizations like Google, Apple, and Microsoft. One thing that remains common is that all kinds […]
How To Employ Data Entry Receipt Extraction For Optimising Business Operations ?
[vc_row pix_particles_check=””][vc_column][vc_column_text]If you’re finding your business operations lagging due to manual data entry and processing, we have good news for you! You can now automate the process of maintaining your receipt record and optimise your inventory management process by capturing and processing data from receipts automatically. Digitising and automating your data entry receipt extraction can […]
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 […]
Top 5 Ways to Mitigate Employee Expense Frauds
[vc_row pix_particles_check=””][vc_column][vc_column_text] “Business expenses” is a comprehensive term to define a company’s revenue being spent in investments, resources, employee salary and benefits, and even employee expense frauds. Even if the company provides a great deal of employee perks, A few of the employees tend to seek more. When they can’t get enough of it, employees look […]
How AI reduces fraud in employee expense reports?
[vc_row pix_particles_check=””][vc_column][vc_column_text] Expense reimbursement fraud can occur in any organization, but are you aware that it happens because of their own employees? According to the Association of Certified Fraud Examiners’ 2018 Report to the Nations, employee expense claims fraud accounts for 21 percent of total fraud in small businesses (those with less than 100 employees) and 11 percent in large […]
Achieving Straight-through Processing using Receipt Capture AI
[vc_row pix_particles_check=””][vc_column][vc_column_text] From ancient merchants to captains of modern industry, processing of financial documents is a great pain, having to go line-by-line through multiple, repetitive forms and trying to work as quickly as possible without making errors. Most of this data processing is manual which is a tedious process. Hence, we bring KlearStack into their lives- a modern […]