Category: Automated Data Extraction

IBM estimates that the insurance industry contributes significantly to the creation of 2.5 quintillion bytes of data every day, with claims data being a major contributor to this massive volume. Manual processing of this data is no longer practical, given…

The global data extraction market is predicted to reach a value of $4.90 billion by 2027, boasting a significant CAGR of 11.8%. This growth is largely due to the crucial role played by Form Processing, a technology that has emerged…

The pharmaceutical industry is one of the most regulated industries globally, with vendors playing a critical role in the manufacturing process of pharmaceutical products. Managing vendor contracts and documents through automation tools, such as automated contract data extraction, can simplify…

Human Resources (HR) departments take center stage as the driving force behind optimizing workforce management and propelling informed decision-making. With a multitude of contracts to handle, the complexity and diversity of these documents necessitate a sophisticated yet user-friendly solution to…

Simplifying Real Estate Financial Management: What to Look for in an Automated Bank Statement Data Extraction Solution  In the dynamic world of real estate, professionals face the exciting challenge of handling a significant volume of bank statements as part of…