Process bottlenecks. Inefficient manual data entry. Lost hours and rising costs. Sound familiar? That’s because more than 80 per cent of intelligence is trapped inside unstructured, unmanaged documents — making processes difficult to automate.
Traditional Optical Character Recognition(OCR) solutions apply pre-built business rules to data capture. Fine if things never change, but in the real world, layouts or data do change significantly, and these systems break. Instead of applying rules, Avenir IDC reads and understands documents much like a human. This not only saves costs building or modifying rulesets, but also allows you to automate documents you previously thought weren’t possible.
Avenir’s Intelligent Data Capture goes way beyond conventional OCR technology, using artificial-intelligence-based technologies to process hitherto inaccessible semi-structured, and unstructured documents. Avenir IDC enables straight-through processing of these documents by automatically capturing, extracting, and processing data embedded in them, in just about any process in any industry. The contribution of Avenir IDC to increased efficiency and customer satisfaction is tremendous.
In combination with content management or automation software,like Robotic Process Automation(RPA), organisations can use the extracted data for digital routing and delivery of relevant documents.