Why Data Extraction Using Traditional OCR Technology May Be Slowing Down Your Business
[vc_row pix_particles_check=””][vc_column][vc_column_text] If your internal business operations are nonetheless stuck at traditional Adobe to Excel conversion, your business seriously needs a boost. You do have an OCR software installed at your premises for data extraction and processing, but manual verification, interpretation and rectification of the extracted data are still parts of your document processing task. Traditional OCR […]
Cost-effective Ways to Convert Invoices OCR to Excel
Every organization has a set of structured and unstructured data stacked up somewhere or the other. Out of the unstructured documents, vendor invoices form a non-trivial part. With the advent of digitalization, paper-based invoices are now replaced by digital counterparts. But, the number of PDF invoices piling up on the AP (accounts payable) department’s systems […]
Reinforcement Machine Learning and its Influence on Document Data Extraction
[vc_row pix_particles_check=””][vc_column][vc_column_text] Remember how kids are taught good behaviour? A child is given candy after dental checkups, chocolates for good grades and so on. This is called positive reinforcement. If you got an amazing gift from your parents after high school grades or a bonus for being an employee of the year that’s positive reinforcement right there. […]
Achieve 90% Accuracy in 90 days in Document Data Extraction
[vc_row pix_particles_check=””][vc_column][vc_column_text] KlearStack is an Intelligent Document Processing platform embedded with artificial intelligence and machine learning to provide seamless document data extraction from invoices, payment orders, receipts and more. KlearStack solutions are developed to solve the challenges of manual processing of documents which is a time-intensive and error-prone process and is carried out in most of the […]
AI Data Extraction v/s Traditional template based data extraction
[vc_row pix_particles_check=””][vc_column][vc_column_text] Most of the mid to large enterprises globally have an average of 500+ suppliers who periodically send invoices every month for providing goods and services to these businesses. For reconciliation and payment management, these enterprises have to read these invoices manually, extract information (like invoice date, invoice number, due date, amount, tax amount, […]
