Key Documentation Prepared by Business Analysts
BA Times
JUNE 8, 2024
Documentation is the core part of the business analysis process that provides clarity, standards, and process details that help organizations in decision-making.
Security In Automated Document Processing: Ensuring Data Integrity And Confidentiality
Smart Data Collective
SEPTEMBER 4, 2023
Among these innovations is the world of document processing where automation has revolutionized traditional methods. The Rise Of Automated Document Processing You’ve likely come across automated document processing in your industry endeavors. Not everyone in your organization needs to access every document.
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The Astroturf Era And The End of Documents?
Timo Elliott
MAY 11, 2023
Large-language models are going to fundamentally change how we create and consume documents in an era where everybody will be getting information via chatbots. I have to spend a lot of time reviewing information to try to stay abreast of current trends. Looking to the future, what’s the point of documents?
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The Benefits of Document Management Systems for Your Data
Dataversity
MAY 25, 2021
Modern document management systems offer professionals a host of unique features and have truly begun to revolutionize the office environment. The post The Benefits of Document Management Systems for Your Data appeared first on DATAVERSITY.
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It's Alive! Bringing Your Product Roadmap Back From the Dead
Speaker: Lisa Mo Wagner, Product Management Coach, Writer, Speaker and WomenTech Ambassador
A product roadmap is a living document, a snapshot in time that is subject to frequent change. An effective roadmap is one that is outcome and data-driven, allowing your team to understand the product's progression and how customer feedback will inform it. In this webinar, Lisa Wagner, will teach you.
Are PDFs Becoming Preferable to Word Documents in the Big Data Era?
Smart Data Collective
JANUARY 21, 2021
A number of people may start preferring to use PDFs instead of Microsoft Word documents. Scalability was an issue with PDF document creation before big data became a popular thing, although there are still ways to make file sizes of PDFs smaller. When it comes to sending documents, you have many options.
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Effective Code Documentation for Data Science Projects
Dataversity
FEBRUARY 26, 2024
Code documentation is a detailed explanation of how the code works. It is like a manual for your source code, providing information on the purpose of the code, how it is structured, and how it can be modified. Many developers might […] The post Effective Code Documentation for Data Science Projects appeared first on DATAVERSITY.
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Data-Driven Companies Leverage OCR for Optimal Data Quality
Smart Data Collective
SEPTEMBER 29, 2022
One study by Think With Google shows that marketing leaders are 130% as likely to have a documented data strategy. Optical Character Recognition, or OCR, is a technology for reading documents and extracting data. OCR software completely changes the way you can process your documents: automated and much more reliable.
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Your Complete Guide to Mortgage Document Processing with AI
Astera
DECEMBER 3, 2024
For instance, AI can help mortgage lenders by: streamlining and automating manual tasks like document processing, identifying data anomalies and frauds, measuring and managing risk better, and evaluating customer behaviors for more personalized solutions. AI + Mortgage Document Processing: What Is It?
Information extraction using natural language processing (NLP)
Astera
OCTOBER 29, 2024
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. What is information extraction?
RAG-Driven Legal Document Data Extraction for Faster Case Management
Astera
OCTOBER 23, 2024
This innovation completely changed how legal document management was performed. As the years passed, a wave of new document management solutions emerged. Today, the legal industry is on the verge of another exciting advancement with the Retrieval-Augmented Generation (RAG). This is where RAG comes in. How RAG Works?
Intelligent document processing (IDP) in logistics and transportation
Astera
DECEMBER 3, 2024
Documentation forms an integral part of operations in almost every industry. Take logistics and transportation, for example, where companies process hundreds of thousands of documents daily to keep the goods in motion and the supply chain functional. So, what are logistics companies doing to handle such a vast number of documents?
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OCR vs. IDP: Which is ideal for extracting data from documents?
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.
Will Document Automation Replace Us, or Redefine Us?
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.
A Few Proven Suggestions for Handling Large Data Sets
Smart Data Collective
SEPTEMBER 26, 2021
Data is processed to generate information, which can be later used for creating better business strategies and increasing the company’s competitive edge. Preserve information: Keep your raw data raw. An analyst can examine the data using business intelligence tools to derive useful information. . Speaking of which.
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What Makes Intelligent Document Processing Essential in Today’s Healthcare?
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.
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The Defense Can Rest While AI Handles The Legal Documents
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 !
5 Strategies For Keeping Your Company’s Sensitive Data Secure
Smart Data Collective
SEPTEMBER 7, 2021
Properly safeguard physical documents. You and your employees should treat sensitive paper documents with the same level of attention as you treat your online transactions. You and your employees should treat sensitive paper documents with the same level of attention as you treat your online transactions.
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Automated Financial Document Processing: Your Path to Becoming a Success Story
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.
Astera Intelligence: Leveraging AI for Automated Document Processing
Astera
OCTOBER 18, 2024
Webinar Astera Intelligence: Leveraging AI for Automated Document Processing Process Any Document, From Any Source, In Any Format, Anytime. Handling vast amounts of unstructured data from documents like invoices, purchase orders, financial statements, and patient records is a growing challenge for businesses across industries.
The Growing Role of Analytics in Business Knowledge Management
Smart Data Collective
AUGUST 30, 2021
As knowledge management software helps share information internally and externally, many businesses use it as their business’s brain because it houses all information. You need to empower and encourage your workforce to share more information. Knowledge base adoption. With a knowledge worker spending 2.5 Response time.
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Seven Benefits of Using AI to Perform Text Analysis
Smart Data Collective
MAY 1, 2022
In smaller companies, too, one can see that they take in more textual information than they can handle. This problem will not stop as more documents and other types of information are collected and stored. But with text analysis tools, information in the form of emails, documents, and more can be easily structured.
Critical Components of Big Data Architecture for a Translation Company
Smart Data Collective
JANUARY 26, 2021
According to the Microsoft documentation page, big data usually helps business intelligence with many objectives. One of the main areas that the big data strategy covers is which data the company will use and how it will act on the information. How do you ensure the quality of big data-related documents?
Cloud Technology is the Future of Medical Billing Software
Smart Data Collective
DECEMBER 19, 2022
A cloud-based medical billing software program automates billing in order to help practices get paid faster, improve workflow efficiencies, help practice the IT solution for healthcare and keep patient information up-to-date. As soon as the billers receive the necessary information, they prepare a claim for the insurance company.
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How Leading Businesses Organize and Make Sense of Data
Smart Data Collective
SEPTEMBER 21, 2020
Leaders craved more information and access. With so much emphasis on collecting and accessing data, it’s easy to become so paralyzed by information that you fail to do anything with it. There should be a documented method of naming files and once you zero in on a method, it must be strictly followed.
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What Data-Driven Companies Must Know About NoSQL Database
Smart Data Collective
AUGUST 9, 2022
The four main types are: Document databases. These store data in JSON-like documents, with each document containing pairs of values and fields. This type of database stores information in dynamic columns, rows, and tables. NoSQL databases are split into types depending on the format they use to store data.
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AI Advances Improve Collaboration of Project Management Tools
Smart Data Collective
AUGUST 8, 2022
It’s a prominent free new feature to integrate better documentation and daily engineering and product work execution. According to its co-founder and CEO, Kurt Schrader , “With Docs, we want to make Shortcut an even more flexible space to create and collaborate around design documents.”
Data-Driven Business Applications Businesses Can’t Live Without in 2022
Smart Data Collective
DECEMBER 22, 2021
With the advent of computers and the Internet, businesses have moved away from on-paper communication and documentation, but managing digital documentation is challenging for companies. In addition, they streamline the process of sharing important files and document access management within the organization.
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Perplexing Impacts of AI on The Future Insurance Claims
Smart Data Collective
DECEMBER 21, 2020
AI works to quickly give meaning to the kind of information that humans would take months to understand so that a company can access worthwhile insights in record time. Capturing data from documents. What will be the main changes to insurance claims? More accurate policy pricing.
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What Tools Do You Need To Manage Unstructured Data?
Smart Data Collective
SEPTEMBER 22, 2021
Unlike defined data – the sort of information you’d find in spreadsheets or clearly broken down survey responses – unstructured data may be textual, video, or audio, and its production is on the rise. How can businesses make meaning out of unstructured data and generally manage all of the information they’re generating in a productive way?
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Big Data Leads To Massive Time Saving Digital Resources
Smart Data Collective
FEBRUARY 13, 2020
How do individuals manage all the data and documents required for living in a technological society ? Businesses have sophisticated programs and apps to help them deal with the information required to earn a profit from quarter to quarter. States have massive databases on voter registration information. Driver’s License Renewal.
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Why Your Business Needs a Data Backup Strategy
Smart Data Collective
JANUARY 21, 2021
Otherwise, hijackers will undoubtedly figure out how to steal and profit from the pillars of information stored on your company’s computers and servers. However, intruders’ ill intentions are not the primary reason businesses are robbed of their vital files and electronic documentation.
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How Big Data Impacts The Finance And Banking Industries
Smart Data Collective
SEPTEMBER 17, 2020
Some prominent banking institutions have gone the extra mile and introduced software to analyze every document while recording any crucial information that these documents may carry. By doing so, these institutions can limit fraud cases and prevent any complications in the future.
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Gathering Data Can Be Vital for Your Personalized Financial Plan
Smart Data Collective
FEBRUARY 12, 2021
In simple terms, gathering data is a process where you collect all your personal documents and financial statements to serve as the foundation for a personalized financial plan. Necessary Financial Documentation Before Using Data Analytics. So, you’ll want to gather any of the documents listed below that apply to you.
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AI-Based Banking Loan Software Will Become Norm In 2022
Smart Data Collective
NOVEMBER 3, 2021
It refers to underwriting, customer onboarding, document management, analysis, and statistics. The relationship managers get access to relevant information about borrowers, too. Loan approval, as one of the biggest bottlenecks due to inconsistency of information between teams, may increase business risks.
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Starting a New Project as a Business Analyst
Analysts Corner
JULY 3, 2023
During the ramp-up, your goal is to obtain as much information and knowledge as possible about the domain, the customer, and the project. Perform a document analysis of any publicly available document on the domain. Read any existing documentation , meeting notes, or important emails about the project. Define change flow.
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3 Top Email Security Practices to Prevent a Data Breach
Smart Data Collective
APRIL 16, 2021
As most enterprises use email as their primary medium to pass on information, implementing a robust email security plan is not an option but a necessity. People pass on relevant personal information, financial information, confidential documents, etc., through email. Educate your employees to stay wary of phishing emails.
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Visualizing An Enterprise’s Strategic Systems At a Glance
Analysts Corner
JANUARY 30, 2025
Any number of complex software applications or the use of unwieldy diagramming tools reinforces that complexity without making those systems and processes any easier to understand, document, or describe. Personnel interviews uncover more thorough and relevant information. Post-It-Notes, flip charts, brainstorming sessions, etc.)
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Familiarize Yourself with the Legality of Data Accumulation Under New Data Governance Rules
Smart Data Collective
NOVEMBER 30, 2020
After all, this information lets you understand your market better, enabling you to provide better customer experiences. However, customers aren’t as willing to share personal information with companies. It should also include how you use the information and your plans to protect it. Privacy preferences.
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Analyst’s corner digest #9
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.
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7 Benefits of Managed Print Services for Data-Centric Companies
Smart Data Collective
SEPTEMBER 22, 2021
Print service providers enable organizations to improve their productivity, efficiency, and information security. It is a hassle process that requires copying, scanning, printing, or faxing the documents through poorly configured software. Improved Security for Your Information. Sometimes, these activities are frustrating.
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Requirements & API: Workflows
Analysts Corner
JANUARY 28, 2025
Such API interactions should be appropriately defined and documented for a Client, requiring several API calls with some additional actions. From there, we need to introduce the following simple categorization: Read vs. Write : There are requests to get (read) information from a system and requests to alter information (write).
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Top 10 Big Data CRM Tools To Increase Business Sales
Smart Data Collective
JULY 20, 2021
As a standalone product, this software helps professionals with rich sets of spreadsheets, charts and documents. It simplifies the document generation and reporting solutions that enable professionals to understand the data more accurately.
Big Data 355
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An Important Guide To Unsupervised Machine Learning
Smart Data Collective
NOVEMBER 1, 2020
Instead, we let the system discover information and outline the hidden structure that is invisible to our eye. As a result, unsupervised ML algorithms are more elaborate than supervised ones, since we have little to no information or the predicted outcomes. k-means Clustering – Document clustering, Data mining.
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