Best RPA Practices for Better Accuracy
[vc_row pix_particles_check=””][vc_column][vc_column_text]RPA helps boost the productivity of an organization by automating the repetitive and time-consuming processes and freeing up employees’ time for performing tasks that require mental stimulation. While RPA helps organizations achieve better efficiency, incorporating it into an existing system is not an easy task. Not finding skilled resources, not getting proper support from […]
How Can Credit Documentation Automation Optimise Credit-Related Banking Operations?
[vc_row pix_particles_check=””][vc_column][vc_column_text]Given the current rage of digitisation leading the market, credit and loan processing has expanded to become more efficient. Using technologies to automate data extraction, documents for loans or credit applications can be processed faster without any requirement for manual entry. It is an end-to-end operation that can prevent delays in the time of […]
The need for Automatic Document Classification
[vc_row][vc_column][vc_column_text]Businesses run more efficiently when they have a document classification system fixed within their day-to-day operations. Not only are they able to process 10,000+ documents but are also able to reduce human error, expedite workflows, enhance customer satisfaction. Consider an instance where an insurance company receives numerous insurance claims from policyholders in various formats, such […]
Google Document AI: Changing How You Manage and Process Your Documents
[vc_row pix_particles_check=””][vc_column][vc_column_text]Google has been the torchbearer for research and development in the field of artificial intelligence. One aspect that Google has transformed quite significantly with its AI discoveries is that of document management. Until now, it was easy for us to create new documents, spreadsheets, etc., but managing them was quite a task leading to […]
Top success stories in the fields of Machine Learning
[vc_row pix_particles_check=””][vc_column][vc_column_text]By implementing machine learning technology, your company can gain a significant opportunity to optimize data visibility, gain more data insights, increase the efficiency of internal and external processes (i.e., optimizing your operations and value chain), better understand the prospective customers, and significantly lowering costs. All of this is possible if you understand how to […]
4 Best Invoice Capture Software | 2022
[vc_row pix_particles_check=””][vc_column][vc_column_text]In large organizations, it can become very difficult to keep track of documents in bulk. There’s no denying that it is definitely easier to find any required paperwork when integrated with the ease of technology. A simple ‘find and replace’ can do wonders for efficiency at the workplace. However, that still requires a certain […]
Benefits and Challenges Of Using the Amazon OCR On AWS
[vc_row pix_particles_check=””][vc_column][vc_column_text]If expert predictions are to be believed, a whopping 80 percent of enterprise workload across the globe will soon be shifted onto the Cloud. Talking about Cloud platforms that support these operational needs, at least forty percent of this share would be transferred to public platforms like Amazon AWS or Microsoft Azure. It also […]
Top 10 Success Factors for Robotic Process Automation
[vc_row pix_particles_check=””][vc_column][vc_column_text]In today’s world, technology exists to make life easier for people in general. Several new forms of tech have come up in the last few years for this very purpose, partly to make our home lives easier, and partly to optimize our work lives. Let’s try to understand one of these ways to optimize […]
What is Accounts Payable or AP Process?
[vc_row pix_particles_check=””][vc_column][vc_column_text]An organisation that manages its invoices promptly and accurately is one that maintains good relationships with its suppliers. Prompt payments keep businesses running smoothly, but businesses do not always have cash available readily to make payments at the time of purchases. Most businesses purchase products on credit and keep track of the payable amount […]
Things You Must Know About The Zonal OCR Technology
[vc_row pix_particles_check=””][vc_column][vc_column_text]PDF files have made data handling a lot easier than before. The PDF format helps you share important data across platforms without losing original formatting. Further, you can either create a PDF document where the entire text is prepared by you or can even convert files like an image into a PDF file for […]