Automate Finance Documents: Challenges and Solutions
[vc_row pix_particles_check=””][vc_column][vc_column_text]The finance sector is one of those where the dependence and importance of documents and data is immense. Therefore, it is very commonly suggested by experts to implement strategies to automate finance documents for seamless operation.EY estimates that financial automation may reduce data input expenses by up to 70 percent. Finance departments have to […]
Everything You Should Know About AI Document Analysis
According to a study conducted by McKinsey, a third of all tasks at the workplace are the ones that can most easily be automated with the right tech at hand, i.e. AI document analysis, processing, automation, and more. This, put together with intelligent document processing, or IDP (tools like KlearStack), can work wonders for efficiency […]
Concept of Automated Document Recognition
Automated Document Recognition (ADR) is a sophisticated engine used in document and information management systems to perform automatic document classification and categorization activities. It enables your apps to recognize any type of structured document, including invoices, cheques, forms, orders, delivery notes, and page separators. Automated Document Recognition technology that uses AI and machine learning to […]
How Does KlearStack AI Achieve Day Zero Accuracy?
Intelligent document classification and accurate data extraction, validation, transformation, and reconciliation are the key for enterprises if they want to achieve lean business growth. By automating document processes, enterprises need not engage in the mundane and monotonous task of data entry and keep track of invoices and payments manually. The biggest challenge that enterprises face, […]
Achieving Day Zero Accuracy with KlearStack AI
[vc_row pix_particles_check=””][vc_column][vc_column_text]Smart extraction of data and classification documents is the need of the hour. Gone are the days wherein data was manually inserted into the systems. Traditional OCR software also has plenty of limitations. They only extract data on the face value and fail to contextually data on the documents. KlearStack leverages artificial intelligence to […]
Understanding the Features of KlearStack API
[vc_row pix_particles_check=””][vc_column][vc_column_text]Application Programming Interfaces (API) have been of utmost importance over the past two decades or so for developers. APIs have given the freedom to developers to create applications no one can imagine and connect the application seamlessly on various devices. API has provided flexibility to integrate one software with another by using parts of […]
What is Rules Engine in KlearStack AI?
[vc_row pix_particles_check=””][vc_column][vc_column_text]Businesses deal with tons of paperwork on a daily basis that is unstructured and comes in a variety of templates. Some of these documents need to be reconciled with one another to ensure that the right items have been traded and payments are processed on time for them. Organizations usually reconcile invoices with purchase […]
A Brief Guide to Intelligent Data Processing
[vc_row pix_particles_check=””][vc_column][vc_column_text]Data is the foundation of any organisation. It’s critical to the organisation’s growth and day-to-day operations. Despite having a wealth of data, the main problem firms face today is utilising information in a sensible way that is also relevant to their future. The human worker finds it difficult to deal with large amounts of […]
Trends And Predictions In The Global Intelligent Document Processing Market
[vc_row pix_particles_check=””][vc_column][vc_column_text]There are several deep learning tools out there in the market that are not only helping businesses automate their operations, but also adding immense value to these aspects of the commercial world. Intelligent document processing is one such manifestation of the deep learning technology, which is enabling businesses to extract much more out of […]
Best 13 IDP Solutions for your Business in 2024 | KlearStack
Companies often look for the most optimal approach to reduce costs and increase overall productivity. When monotonous tasks like data extraction and entry end up consuming a lot of effort and capital, companies must lookout for a dynamic solution that solves multiple problems. With stacks of paperwork piled up, processing and categorizing documents efficiently becomes […]
