Recent developments in the world of Large Language Models has forced Artificial Intelligence into mainstream culture. Now a household name for tech enthusiasts, OpenAI’s ChatGPT is an AI-powered chat bot that was trained on large quantities of internet data to respond through text with near-human cadence. The novelty of chatting with an AI that could […]
Partnerships: A World of Endless Possibilities
For many businesses, partnerships are a primary method of operation. Partnerships have evolved over the decades, bringing more growth than ever before. Having the right partner brings unique benefits for both parties such as knowledge, shared resources, and expansion opportunities in new markets. Partnerships around the world provide services, products, and ideas that we use […]
Using Machine Learning Algorithms To Push OCR And ICR Beyond Its Limitations
Optical Character Recognition (OCR) and its subset, Intelligent Character Recognition (ICR), allow for machine-print and handwritten text in images to be recognized, extracted, and converted into a machine-readable format. Industries like banking and finance use OCR and ICR to extract data from financial documents like invoices and checks, while the healthcare industry uses this technology […]
Benefits Of Automating Mailroom Services
As the holiday season warms up, many will begin sending gifts and letters to their colleagues. This is a simple process for small companies—you can walk a few steps and leave the correspondence on their desk—but when it comes to large enterprises with 1000+ employees, it gets complicated. While some may want to step out […]
Applying AI To Power Revenue Cycle Management Solutions
The healthcare industry is under constant pressure to improve efficiency and cut costs. One area that has been receiving a lot of attention lately is revenue cycle management (RCM). RCM is the process of managing the financial aspects of patient care, including insurance billing and payments. The goal of RCM is to optimize the revenue […]
Demand for Easy Access to Document Data Continues to Climb
Data extraction software has increased in popularity over the past few years, helping companies become more efficient with their daily activities. Some industries use data extraction software when validating and verifying data while others use it to simplify complex processes. No matter the end goal, data extraction software can prevent the big mistakes that manual […]
What Does Inflation Mean For Financial Fraud?
When it comes to recent inflation, some individuals are changing their spending habits while others are simply taking it day by day. Either way, it seems inflation is affecting everyone. Gasoline prices are up 59.9% and energy rates are up 41.6% from last year, so there’s no doubt that the necessities are more expensive. […]
A Lot Has Happened In The Past Year For Mortgage Lenders
It’s amazing how quickly things can change. Exactly a year ago mortgage rates were low and demand was high. It seemed like everyone was selling, buying, or refinancing a home. There’s no doubt that the summer of 2021 was hot for mortgage lenders, but everyone knows that the market must cool eventually. Recently, the Fed […]
Intelligent Capture & Coffee: Answers to Your Questions
Enterprises created a work-from-anywhere environment and events went exclusively online so when we attended intelligent capture webinars, many of us had the same questions, answered here.
Automation and Compliance in the Age of Machine Learning | Banking Automation
When 30% of banking institutions face data quality problems and must comply with stringent regulations, streamlining workflows is a necessity. Find out more.
Intelligent Automation Trends: How the Digital Workforce Takes Advantage of Document Automation
Intelligent Automation Trends focuses on how the digital workforce uses Document Automation based on AIIM 2019 survey of 100 capture leaders with infographic.
Digital Transformation: What We Need Now for the Future
Digital Transformation and what we need to do now to adequately prepare for tomorrow is the latest topic of the interview by Document Strategy Podcast Host Kevin Craine’s with VPs Greg Council and Bill Johnson.