Businesses across various sectors want to leverage AI to increase efficiency, reduce cost, enhance customer experience, or do all that in one go. The mortgage industry is feeling it, too, thanks to the several potential areas where AI technologies can impact….
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Category: Blog
- Blog
How to Use AI to Extract Data from PDF: Benefits & Use Cases
The excitement around AI and its massive potential has energized organizations to rethink their approaches at every level of business. One popular use case is AI to extract data from PDF files. PDF, short for portable document format, is a…
- Blog
Model Behavior: Why Your Business Needs LLM Data Extraction
Over the last decade, data has been hailed as the new oil, the new gold, the new currency, the new soil, and even the new oxygen. All these comparisons drive home the same point: data is important. If you’re running…
- Blog
How to Automatically Convert Bank Statements to Excel
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…
- 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…