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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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RAG-Driven Legal Document Data Extraction for Faster Case Management

Astera

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?

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Visualizing An Enterprise’s Strategic Systems At a Glance

Analysts Corner

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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OCR vs. IDP: Which is ideal for extracting data from documents?

Astera

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.

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Automated Financial Document Processing: Your Path to Becoming a Success Story   

Astera

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.

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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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Data-Driven Business Applications Businesses Can’t Live Without in 2022

Smart Data Collective

These efficiency-boosting applications for business are what we refer to as “business apps”. 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. Information management.

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