Are you ready for the future of work? Because it’s here, and it’s not messing around. With technological evolutions taking center stage, we’re about to experience a shift as significant as the mechanization of agriculture and manufacturing in prior generations. It’s an exciting time, full of possibilities and opportunities, but also challenges and uncertainty. This […]Read More
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Process intelligence is where the art of intelligent processing and the science of decision-making meet. In the realm of business management, it is the overlap between business intelligence and business process management. Process intelligence leverages tools to simplify business processes and data to gain valuable insights that drive better business outcomes. What is process intelligence? […]Read More
Introduction A purchase order (PO) is a commercial document that represents a formal request to a vendor or supplier to provide goods or services at a specified price and within a certain timeframe. It is a legal agreement between the buyer and the seller, outlining the details of the transaction and setting the terms of […]Read More
What is Claims Process Automation ? Claims process automation is the use of technology to automate the handling and processing of healthcare and insurance claims. This technology enables insurers to streamline their claims processes, reduce manual work, and improve efficiency. Automated claims processing software uses machine learning, artificial intelligence, and natural language processing to collect […]Read More
There are over 2 Billion websites and over 50 billion web pages on the internet. All of them contain information in different formats, text, video, images or tables. If you ever want to scrape data from a webpage to excel, the easiest option is copy pasting the webpage content. But it’s the best way to […]Read More
This blog serves as a starting point for anyone looking to extract tables from PDF files and images. We start with a python code tutorial which takes you through the process of implementing OCR on PDF files and images to detect and extract tables in structured formats (list, json object, pandas dataframe). We then take […]Read More
Loan origination is the process of applying for and obtaining a loan, including all the steps and activities that are involved in evaluating, approving, and disbursing the loan. This process includes activities such as evaluating a borrower’s creditworthiness, income, and other financial information; determining the loan amount, interest rate, and other loan terms; and preparing […]Read More
We use business cards to store contact information of business affiliates, interests and leads. The past few years have seen a change in this trend with the advent of Excel, Google Contacts and other cloud based solutions to store contact information, where we are increasingly prefering to store contacts in digital format. The advantages are […]Read More
A bank statement is a document that shows all the transactions made on a bank account, including deposits, withdrawals, and payments. It’s commonly used by lenders as a way to verify an applicant’s income and financial stability before approving a loan or credit. However, as technology has advanced, it has become easier for fraudsters to […]Read More
Intelligent Document Processing (IDP) refers to the automation of data extraction from unstructured documents. It eliminates the need for manual data entry, reduces errors, and increases efficiency in document management. As we enter the sixth decade of the information age, data has become a currency of the business world. However, it is estimated that a […]Read More
