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Data-Driven Companies Leverage OCR for Optimal Data Quality

Smart Data Collective

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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Cloud Servers Are Fundamentally Rewriting The Rules Of Data Storage

Smart Data Collective

In simple words, this process refers to the logistics leading to the delivery of different services with the help of the internet. With more dependence on technology, it has become crucial for modern businesses to put their information on the web. What is Cloud Computing? Why Choose Server Space?

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AI-Based Banking Loan Software Will Become Norm In 2022

Smart Data Collective

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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Cloud Technology is the Future of Medical Billing Software

Smart Data Collective

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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An Important Guide To Unsupervised Machine Learning

Smart Data Collective

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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4 Industries Benefiting from Data-Driven Mobile App Development

Smart Data Collective

Data-driven apps pull information from multiple sources either in real time, or with frequent upload schedules. They may use transactional, browsing or document data to create a full picture of the user, which businesses can use to improve their client experience or upsell products. (1). References. What are data-driven apps?

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From Documentum to Document Management

Argon Digital

While not every business or agency has quite this level of document management overhead, dealing with paper forms and disorganized electronic documents costs time, money, risk, and employee burnout. From a metal cabinet to digital document management. From a metal cabinet to digital document management.