Best Document Scanning Services in 2024
Are you still managing documents manually and handling physical paperwork? If yes, there’s no doubt your organization must suffer various challenges. It is high time for you to automate document management and opt for the best document scanning services. As per the data, businesses going for a paperless office environment– Let us help you by […]
3 Use Cases that Extract Text From Image Software
[vc_row pix_particles_check=””][vc_column][vc_column_text]McKinsey has predicted that data automation will fulfill 10-25% of bank business processes within the next few years. This will increase the capacity of financial institutions. It will also enable banking employees to focus on more challenging tasks. Banking institutions would require complex problem-solving and creativity. Extracting text from image software will be at […]
Automate Document Centric Business Processes With KlearStack
[vc_row pix_particles_check=””][vc_column][vc_column_text]Anyone who has run a business for a considerable time will understand that documentation is more than just a formality. This is true to such an extent that there are businesses that have grown around documentation and information handling alone. Now we have entered an era where data is everything, probably even more precious […]
Top Document Digitization Companies In US
[vc_row pix_particles_check=””][vc_column][vc_column_text]A couple of decades back, there was a growing consensus within the industry that a solution that could improve business efficiency for document dependent businesses was the need of the hour. It was in this backdrop that the United States saw a rise of several advanced solutions that could digitize routine documents instantly. Primarily […]
Nanonets vs KlearStack AI
[vc_row pix_particles_check=””][vc_column][vc_column_text]Nanonets and KlearStack are Intelligent Document Processing (IDP) and data extraction solutions that can capture data from documents. These platforms can capture the data and send it to a back-end system where the data is stored. These solutions help enterprises streamline their business processes and enhance the productivity of the employees. Although both these […]
3 Document Verification Using AI Use Cases for The Banking Sector
[vc_row pix_particles_check=””][vc_column][vc_column_text]According to Javelin, businesses suffered almost $17 billion worth of losses due to identity fraud. This happened simply because of a lack of document verification using AI. Thus, it resulted in money laundering and tax evasion-like activities. The banking industry, in particular, handles a lot of sensitive data. The security of this data is extremely […]
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 […]
Invoice Automation Solution: Combining OCR With Deep Learning
[vc_row pix_particles_check=””][vc_column][vc_column_text]Time, money, and the absolute chance of errors. These are the three major deterrents to the manual processing of invoices in big organizations today. Manual scanning of invoice data to jot down important details takes almost a day to manage. Spending huge amounts of money on recruiting individuals to perform the job or handle […]
Different Ways to Upload Documents on KlearStack AI
[vc_row pix_particles_check=””][vc_column][vc_column_text]Enterprises are moving away from processing documents manually and aiming to implement automated solutions to extract, validate and store documents at common locations. The pace at which this change should happen across the globe needs to speed up. One study shows that nearly 83% of employees have to recreate existing documents as they cannot […]
Everything You Should Know About AI Document Analysis
[vc_row pix_particles_check=””][vc_column][vc_column_text]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 […]
