How does the task of managing financial data look like for you? Do you have to manually process multiple bank statements daily? But what if you could automate this entire process with the help of AI-powered automation? Around 80% of…
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- Blog
Bank Statement Extraction: Software, Benefits, and Use Cases
Bank statements contain useful financial information that can be turned into important insights. With the era of manual bank statement extraction firmly in the past, intelligent document processing (IDP) and artificial intelligence (AI) offer a better way of processing bank…
- Blog
Why Your Organization Should Use AI to Improve Data Quality
Data’s value to your organization lies in its quality. Data quality becomes even more important considering how rapidly data volume is increasing. According to conservative estimates, businesses generate 2 hundred thousand terabytes of data every day. How does that affect…
- Blog
AI data catalogs in 2024: what’s changed and why it matters
If you’re working in the data space today, you must have felt the wave of artificial intelligence (AI) innovation reshaping how we manage and access information. One of the areas affected is data catalogs, which are no longer simple tools…
- Blog
Information extraction using natural language processing (NLP)
Information extraction (IE) finds its roots in the early development of natural language processing (NLP) and artificial intelligence (AI), when the focus was still on rule-based systems that relied on hand-crafted linguistic instructions to extract specific information from text. Over…