Infrrd AI Enabled Intelligent Document Processing for Complex Documents

  A Gartner analyst takes 20 calls a month on OCR and   Intelligent Document Processing  from enterprise buyers looking to make their next moves. We asked him what they’re looking for in a  data extraction solution . And he said, “solution accuracy.”  Here’s why: Vendors aren’t generally willing to provide this most critical metric. Instead, they say, “it depends.” They don’t want to commit, which is unsatisfactory to the enterprises who have real money on the line.                                    READ MORE

  Artificial Intelligence Machines learn like humans “Just think how we have learned to understand something, or how we have learned to infer something,”. “That’s the evolution of intelligence a human being has, the same thing happens with a machine, also, so slowly they start learning things, slowly they start understanding things, and in that way, they can start inferring things, and that inference is what can lead to machine learning, or we can say,  artificial intelligence .” Priya Thampi ,  VP Engineering Explains – Why customers believe in  Infrrd ’s  approach and how Infrrd’s technology is making a difference from others. READ MORE

If data is the new oil then accuracy is its Octane Number. Companies may have hundreds of disparate sources of data – spreadsheets, documents, receipts, invoices, RFP’s, financial reports etc. , if not scraped through accurately that would be a major show stopper. Manual scraping is time consuming and laborious, while un-intelligent  data extraction  tools will require human intervention to monitor and make corrections. Need of the hour is an Intelligent Data Capture platform that drives contextual accuracy like a human . Accuracy is one of the most important aspects of data extraction. Originally published at  infrrd.ai  

Many multinational companies today, face the most significant revolutionary change in the realm of technology. Namely, conversion of paper documents to digital and the inability to leverage data ensnared inside scanned documents and images. Relying on data trapped inside documents and manually re-keying them can land businesses into a bottleneck situation. Therefore, the need for an automated solution to segment and extract document elements is high.  Originally published at  infrrd.ai  

Intelligent Document Processing Extracted data and information  are fed into a process. Think  Mortgage Processing, Itinerary Processing, Loan Processing, Claims Processing, RFP Response  Processing, Financial Compliance, Auditing, Expense Management, Invoice Processing, and so on.  Can you extract the full value of data and information from all these 𝗰𝗼𝗺𝗽𝗹𝗲𝘅 𝗱𝗼𝗰𝘂𝗺𝗲𝗻𝘁𝘀? Find out how to make  𝗔𝗜 𝘁𝗲𝗰𝗵𝗻𝗼𝗹𝗼𝗴𝗶𝗲𝘀  work for you. Intelligent Automation                                               READ MORE  …….

Infrrd’s IDC   is a single platform that meets all the organizational needs of data capture from structured and unstructured sources to achieve business process automation to increase productivity and reduce costs. Infrrd saw an opportunity to use AI to improve existing data extraction processes and developed our advanced  I ntelligent Data Capture (IDC) technology . IDC combines five AI technologies to deliver automation that can sense and synthesize vast amounts of information necessary to automate entire processes or workflows. ​ The IDC platform not only eases data extraction but also addresses challenges of accuracy, time-management, and performance. The platform uses Machine Learning capabilities to identify and extract critical fields and line items such as date, vendor name, payment type, city, state, tax, and total, irrespective of any templates with high precision.  Machine Learning also enables the platform to learn, adapt, and improve as you acquire more data and encounte

Intelligent Data Capture Infrrd’s IDC   platform can effectively extract attributes from stamps in a shorter timeframe with better accuracy. It also holds the capability to extract data from stamps that are overlapped with signature or text. The module also optimizes the stamps by reorienting them to get accurate data. With all the AI-capabilities in place, the decision-making process is made easier with better business outcomes without compromising on quality.                                   READ MORE ...

Intelligent Data Capture  Infrrd’s current wave of technologies has tested a multilayered extraction model successfully that employs a suite of advanced  AI-technologies  to streamline the operational process. Infrrd’s  Intelligent Data Capture (IDC)  implementation can help and make a significant impact on operations and workflows with near-perfect accuracy. It’s prolific and definitely the next big thing that’s gaining major traction in the enterprise environment. But this is just a tip of the iceberg. Adapting IDC provides a single point of access for all of your business information. Despite numerous advantages, decision makers still think twice about why should one invest in IDC? If you’re one among them  contact us  for a  free demo  today and get your questions answered about IDC or business-specific applications. Originally published at  infrrd.ai