Template-Less Automated Credit Report Data Extraction for 500% Boost in Operational Efficiency
Struggling to manually extract key data points from inconsistent formats? Tired of sifting through endless pages and unstructured data of credit reports? The struggle is real, especially when time is money in the fast-paced sector of lending and financial services. Time is wasted, errors creep in, and opportunities are missed. Automated data extraction in lending […]
Data Extraction in Tax & Accounting: Automation for Faster and Secure Approach
Have too many documents to go through and can’t compromise on accuracy? Wondering how to manage multiple clients’ tax-related requirements? Can’t keep a trail of documents and their details? Efficient Data extraction in Tax accounting is the answer to all these questions. With tax rules getting more complicated and data volumes increasing, it’s essential to […]
Data Extraction in Banking: Manage High Volumes of Data Securely and Efficiently
Banks process huge volumes of data daily. This data usually comes from many forms of banking-related documents. Processing this data manually is cumbersome, requires human and monetary resources, and is a very time-consuming process. Also, the information in these documents is sensitive and confidential, a lot of this information has legal significance. The manual process […]
How to Extract Data from Packing List?
A packing list is one of the crucial documents in the supply chain, consisting of the contents of each package, their weights, measurements, and the list of all goods in the shipment. Freight forwarders use the packing list during international, national, or regional shipments. This helps determine weights and freight costs. It also aids customs […]
How to Extract Data from a Delivery Note?
Process of Data Extraction in Delivery Note
How to extract data from a Purchase Order?
Purchase Order (PO) is a legal contract/agreement of a transaction between a buyer and a seller. If any errors occur while capturing data from this document, it can have a significant impact on the business. With various departments submitting their purchase requirements, accounts payable teams often have to handle a huge number of POs. Processing […]
What is Sea Waybill? | Difference between Bill of Lading & Sea Waybill
Sea Waybill is an essential transport document (Like Bill of Lading, BoL). It acknowledges the receipt of goods and outlines the terms of the contract between the shipper and the carrier. Both documents (Sea Waybill & BoL) contain essential details such as names, address of the shipper, consignee, carrier, description of goods, shipping route, and […]
Bill of Lading: Definition, Example, and Importance
Are you new to export/import or international trade business? If yes, then you must know about one of the critical documents in the export/import business i.e. Bill of Lading (aka B/L, BoL). Say you’re a business owner in the United States importing a shipment of electronic devices from a manufacturer in China. The manufacturer loads […]
Intelligent Document Processing: Benefits, Key Technologies, and Use Cases
Documents are the crux of every business. From bills, emails, invoices, etc., every document is critically essential to keep track of important data. These days, organizations are using Intelligent Document Processing (IDP) to transform the way they deal with data. Manually organizing and maintaining these documents is laborious, time-consuming and tedious. As paperwork increases, you’ll […]
Guide to Extract Text from JPEG File
A lot of data is today hidden behind an image. PDFs and scanned images are some of the many forms of images from which important text and data has to be extracted. The biggest challenge to extract text from JPEG file or any image file is the number of errors it has with the manual […]
