Astera

DECEMBER 11, 2024

The ability to extract key data points from a document accurately and timely is invaluable for businesses as decision-making depends on it. In a bid to enhance their existing document management and processing workflows, business and data leaders often engage in the OCR vs. IDP debate. IDP stands for intelligent document processing.

Documentation 52

Documentation Vision Artificial Intelligence Digital 52

Astera

DECEMBER 12, 2024

The Rise of Document Automation Document automation, powered by technologies like artificial intelligence (AI) and machine learning (ML), is transforming the way businesses manage everything from invoices and contracts to employee records and claims processing. In the past, businesses relied on manual processes to manage documents.

Documentation 52

Documentation Artificial Intelligence Innovation Healthcare 52

Astera

OCTOBER 23, 2024

What’s more is that a large portion of this data is unstructured—scanned documents, handwritten notes, and PDFs that don’t easily integrate into traditional systems. This is where Intelligent Document Processing (IDP) comes in. Tasks that consume hours—like data entry and document sorting—can be completed in seconds.

Healthcare 52

Healthcare Documentation Digital Data Automation 52

Dataversity

MARCH 18, 2021

The post Four Reasons to Digitize Your Documents appeared first on DATAVERSITY. In fact, more than 50 percent of digital transformation efforts stalled in 2018. However, the “sit there and wait for the right time” […].

Documentation 147

Documentation Digital Digital Transformation 147

Astera

OCTOBER 18, 2024

In fact, lawyers deal with tens, if not hundreds, of documents on a daily basis during most parts of their job, such as discovery, research, or drafting. Someone who memorizes all the legal documents they read and can offer relevant insights when prompted. Let's discuss your document processing. Make that paper work !

Documentation 52

Documentation Visualization Planning Artificial Intelligence 52

Astera

OCTOBER 25, 2024

The financial document processing domain has undergone a 360-degree shift in the past decade. This efficiency is crucial for overall business success. This piece will shed light on how automated financial document processing benefits businesses. Automating workflows to reduce manual effort and streamline document processing.

Documentation 52

Documentation Finance Digital 52

Analysts Corner

SEPTEMBER 21, 2022

. > Keep reading… 3) The Art of Writing Good Documentation, by Pragati Sinha Documentation is dead. All are good excuses for writing little to no documentation for your software projects. In this day and age, they have to be ready to get their hands dirty and dig out information and insights from wherever possible.

Documentation 246

Documentation User Experience Business Analysis Business Analysis 246

Smart Data Collective

APRIL 20, 2022

The steps organizations can take to reduce mistakes in their firm for a smooth process of business activities will be discussed in this blog. An automated data profiling tool can discover and filter potentially inaccurate values while marking the information for further investigation or assessment. Make Enough Hires.

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Documentation Data Quality Data Security Data Management 363

Dataversity

JANUARY 4, 2022

Remember the days when we used to stand in a queue to get a copy of a document? When it comes to document management, we surely have come a long way from using physical documents. The post How AI Is Paving the Way for Smart Documentation Management appeared first on DATAVERSITY. Now, everything is […].

Documentation 130

Documentation Artificial Intelligence Data Quality 130

Smart Data Collective

OCTOBER 16, 2023

Nowadays, information consumption is skyrocketing. This information, dubbed Big Data, has grown too large and complex for typical data processing methods. Financial data (invoices, transactions, billing data) and internal and external documents (reports, business letters, production plans, and so on) are examples of this.

Big Data 312

Big Data Banking Artificial Intelligence Cybersecurity 312

Smart Data Collective

MAY 28, 2019

It’s possible to use cloud-based technologies to share important documents, have meetings, purchase materials and carry out a host of other important business processes more effectively than before. Businesses can use online marketing tools and access big data to find new and exciting opportunities both at home and abroad.

Cloud Computing 254

Cloud Computing Big Data Logistics Finance 254

Smart Data Collective

OCTOBER 23, 2020

Apart from financial data, IEX Cloud also offers a lot of different information like historical prices, stock profiles, etc. Their API document contains everything you need.”. This blog will help you understand more and learn how to avoid slip-ups. You could directly use Python to retrieve the stock data.

Data Analytics 294

Data Analytics Data Analytics Big Data Planning 294

Dataversity

FEBRUARY 21, 2022

Not only has there been documentation of racial bias in facial recognition systems, but algorithmic decision-making has also played a role in denying minorities home loans, prioritizing men during hiring, […]. To put it mildly, the concern is warranted.

Data Management 246

Data Management Documentation Artificial Intelligence 246

Dataversity

JUNE 14, 2022

With that, I’ve long believed that for most large cloud platform providers offering managed services, such as document editing and storage, email services and calendar […]. Online security has always been an area of concern; however, with recent global events, the world we now live in has become increasingly cloud-centric.

Data Governance 246

Data Governance Government Documentation Artificial Intelligence 246

Astera

DECEMBER 24, 2024

Businesses send and receive several invoices and payment receipts in digital formats, such as scanned PDFs, text documents, or Excel files. Key information like vendor details, amounts, and line items can appear inconsistently across invoices, even if theyre all PDF documents, requiring advanced tools to identify and extract them correctly.

Documentation 52

Documentation Artificial Intelligence Data Warehouse Digital 52

Dataversity

MAY 1, 2023

Many have documented their most critical business processes. Many organizations have mapped out the systems and applications of their data landscape. Many have modeled their data domains and key attributes. But only very few have succeeded in connecting the knowledge of these three efforts.

Data Management 244

Data Management Documentation Data Modelling Data Quality 244

Smart Data Collective

FEBRUARY 14, 2023

In this blog post, we will look at why cloud computing is beneficial for businesses, the different types of cloud-based services available to businesses, how to select a provider, and what should be included in contracts. This allows people to have their important information available without taking up memory on a specific device.

Cloud Computing 299

Cloud Computing Documentation 299

Smart Data Collective

JULY 16, 2019

Facebook is a data collecting machine: its billions of users willingly tell it what they like, what they hate, what their religion, location, and heaps of other information about themselves. Facebook even follows its users beyond its own homepage, recording what products they check out and what blogs they read. Money is data.

Big Data 226

Big Data Government Vision Documentation 226

Astera

OCTOBER 14, 2024

As businesses and AI experts search for more intelligent ways to process information, RAG combines the best of both worlds, i.e., the vast knowledge of retrieval systems and the creative power of generation models. Keeps Data Real: LLMs often “hallucinate” by generating made-up facts when they lack enough information.

Healthcare 52

Healthcare Documentation Real-time Data Finance 52

CMW Lab Blog

MARCH 13, 2025

Vendor Management Automation: A Strategic Imperative VMA seeks to streamline the vendor lifecycle by utilizing software and technology to automate basic functions, store information in silos, and provide insightful reports instantly. are monitored, compliance is checked, and documents are tracked in a central repository.

Supply Chain 52

Supply Chain Procurement Monitoring Documentation 52

Astera

DECEMBER 3, 2024

PDF, short for portable document format, is a ubiquitous format used for reports, invoices, statements, and many other types of documents. Despite their ubiquity in document storage and sharing, PDFs pose certain challenges when it comes to data extraction. One popular use case is AI to extract data from PDF files.

Documentation 52

Documentation Data Quality Business Intelligence Business Intelligence 52

Dataversity

DECEMBER 21, 2020

In the last blog, we defined how to determine the target audience for a Data Governance policy. In this blog, we will begin to define the actual Data Governance policy. There are at least two primary documents that govern most working groups or committees. Click to learn more about author Steve Zagoudis. The first is […].

Data Governance 130

Data Governance Government Documentation Data Quality 130

Astera

NOVEMBER 13, 2024

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 statements and obtaining the valuable data they contain.

Banking 52

Banking Documentation Artificial Intelligence Finance 52

CMW Lab Blog

DECEMBER 27, 2024

Predictive Analytics Make use of past information to address problems and enhance cost estimates as well as make timely business decisions. Natural Language Processing (NLP) NLP capabilities streamline document classification, automate responses to customer inquiries with over 50 international languages to generate reports.

Monitoring 52

Monitoring Business Process Management Predictive Analytics Documentation 52

BizAcuity

JANUARY 17, 2020

Dynamic Web and Mobile Applications – Companies can pull information from Microsoft Dynamics 365 CRM software to maintain customer communication, generate loyalty, target customers for marketing initiatives and provide better customer service. The Web API also enables companies to request information from third-party libraries.

Supply Chain 248

Supply Chain User Experience Documentation Project Management 248

Astera

JANUARY 1, 2025

Invoice scanning software is a tool that helps businesses process invoices quickly and accurately by digitizing and extracting critical information from them. Alerts are generated if discrepancies, such as mismatched totals or missing information, are detected.

Documentation 52

Documentation Procurement Artificial Intelligence Planning 52

Dataversity

APRIL 26, 2022

Business documents contain vital information for companies, irrespective of their size and industry. As most of these business documents contain unstructured data, automated data extraction has become a go-to option for […].

Digital 130

Digital Documentation Data Automation Data Management 130

Analysts Corner

SEPTEMBER 26, 2022

And if you’re like most people, that advice has probably been informative but not genuinely actionable. As a result, our resumes are full of dull, generic information that does nothing to sell us as candidates for our dream jobs. Start with your contact information. Keep the contact information to one line and one line only.

Business Analysis 233

Business Analysis Business Analysis Documentation Requirements Gathering 233

Astera

OCTOBER 14, 2024

This blog explains generative AI applications for document extraction and how this technology helps cut through the noise and zero in on exactly what you need. Gen AI excels at summarizing information, answering questions, and generating tailored content. So, how do we extract and make sense of this growing data ?

Documentation 52

Documentation Retail Healthcare Artificial Intelligence 52

Astera

NOVEMBER 27, 2024

If you’re running a business today, you need data for informed decision-making and strategy development. However, reliably extracting this data is a constant responsibility. Every day, your business needs access to data tucked away in a variety of document formats—from Word documents to PDFs to Excel spreadsheets.

Documentation 52

Documentation Healthcare Data Quality Finance 52

Astera

JUNE 24, 2024

Think of API documentation as the user manual that comes with a product—except, in this case, the product is code. This documentation guides developers in effectively utilizing the APIs, ensuring they can unlock their full potential. What is API Documentation? Each requires tailored documentation to meet specific needs.

Documentation 52

Documentation User Experience Digital Transformation Planning 52

Leading Agile

JANUARY 9, 2020

In this episode, LeadingAgile Senior Consultant, Ross Buermann shares an approach that involves bifurcating the work of creating the documentation so that we can create and deliver in smaller increments. In the same way that we want to break development work down into small increments, we can also break down the documentation.

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Documentation Agile 104

Astera

DECEMBER 13, 2024

Document processing is an essential part of the overall document management workflow, which involves using multiple tools and technologies. However, choosing the most efficient technique to extract data can be a challenge, especially if you regularly receive and process documents with varying layouts. What is OCR?

Documentation 52

Documentation Artificial Intelligence Digital Healthcare 52

BA Careers

FEBRUARY 15, 2024

The loan processing process typically involves several steps to ensure that both the lender and the borrower are well-informed and protected throughout the transaction. Document … Continue reading "Loan processing process flow" The post Loan processing process flow appeared first on BACareers, The Business Analyst Blog.

Documentation 98

Documentation 98

Astera

OCTOBER 24, 2024

A new invoice lands in your finance team’s stack of documents to process. AI invoice processing is the use of Artificial Intelligence to automatically read, extract, and process information from invoices. Another invoice lands in your finance team’s stack of documents. Cha-ching!

Finance 52

Finance Artificial Intelligence Documentation Data Security 52

Dataversity

MARCH 16, 2022

Data powers the information age. Data is the fuel of the fourth industrial revolution. Data is the lifeblood of the enterprise. We’ve heard these statements so many times that they’ve almost lost their meaning. But what if I were to tell you that you are only using 10 to 20% of this fuel to power […].

Documentation 244

Documentation 244

Dataversity

MAY 29, 2024

billion documents each day on the platform and in the next two years, that is expected to grow by 4.4 Microsoft 365 has become the nucleus for many organizations for centralized communication and collaboration, especially large organizations with more than 1,000 full-time employees. One million companies globally use 365 and create 1.6

Logistics 162

Logistics Planning Documentation Digital Transformation 162