How KlearStack Processes Documents by up to 99.9% Accuracy?
Discover how KlearStack brings unparalleled efficiency and accuracy to your document workflows, transforming data handling and decision-making processes.
Data extraction and IDP involves a pre-processing stage wherein OCR and machine learning algorithms scan and evaluate the quality of the document – detects bad quality, automatically enhances image quality or rejects poor quality documents if they cannot be enhanced.
This stage is crucial in the extraction process to ensure high-quality extraction through cleaning, organizing and transforming the raw data to meet expected quality SLAs or IDP and machine learning mandates.
Document Classfication
The initial phase of KlearStack Intelligent Document Processing begins with classifying the type of document being processed. Classify document types like Invoices, Purchase Orders, Bill of Lading, Proforma Invoices, Credit Notes, ID Cards, etc.
This classification is accomplished using the combination of Computer Vision (CV), Natural Language Processing (NLP) and machine learning technology.
Data Extraction
Once the document is classified, the next and most significant step in the process is to extract valuable information from the documents. The OCR software recognizes characters and symbols on a document as it scans the images and photographs of documents.
KlearStack’s Machine Learning models can extract specific fields, irrespective of the layouts. The model is continuously trained to understand the data extraction irrespective of layouts and formats/ field naming conventions.
Data Validation & Business Rules Validation
Confirm data items extracted by the system such as hand-written text, human signatures and mapping the extracted text to specific fields. Also improving machine confidence and accuracy in future processes.
Business Rules Validation
Increase operational efficiency and overall processing capacity with KlearStack’s Business Rules Validation engine for document extraction and processing.
Straight-Through-Processing
Think beyond traditional OCR and RPA. Connect the dots and achieve higher order Straight-Through-Processing with KlearStack AI. Using our three layered data validation technology confidently automates straight through processing. Automatically highlight documents that fail any reconciliation checks.
Completely automate manual business processes to speed up your document processing or streamline data sharing across multiple points.
Integrations
Open RESTful APIs for seamless integrations with any accounting, ERP or RPA systems. Out-of-the-box integrations with SAP, QuickBooks, Traze, AWS S3 Bucket, Google Drive, Secure FTP, and more.