-GeneralHow to address your workflow issues with automated data captureEvery process in a company is directly connected and then completed with a workflow. If workflows are based on manual tasks such as data entry and processing, it’s a bit like walking with your shoelaces untied: You have the risk... November 10, 2020Read more
-Finance & InsuranceWhy challenger banks use OCR and machine learningChallenger Banks are not called challenger banks for nothing. With their contemporary thinking and actions, they challenge not only established banks but also other neo-banks. The rapid rise of some challenger banks should not have escaped the attention of the... October 29, 2020Read more
-Real EstateSelf-service for tenants, owners & craftsmen in the online portal of the property management companiesFortunately, digitization does not stop at the dialog between property management companies and their tenants, owners and craftsmen. Not so long ago, communication was still exclusively by telephone and e-mail (or by mail…), but many property management companies now offer... October 24, 2020Read more
-Finance & InsuranceTransform your KYC process with AI OCRMany of today’s “Know your Customer” (KYC) process designs at banks and other firms are inefficient, cost-intensive due to manual processing and are therefore not only a thorn in the side of the banks themselves, but also for the customers... October 20, 2020Read more
-GeneralModern document extraction for cost-efficient contract processingRegardless of the size of the company, contracts and their specific conditions practically always form the basis of existing and future business relationships. Accordingly, it is worthwhile for companies to take a comprehensive look at the entire contract management process,... October 15, 2020Read more
-Finance & InsuranceDocument processing in the insurance industrySince it has been common practice in the insurance industry to receive a huge amount of documents every day, one might well think that in 2020, document processing is automated for the most part. It is therefore all the more... October 8, 2020Read more
-GeneralRPA; Even with legacy software, without a major projectIn the course of digitalization, customer requirements have changed significantly. Everything must be available and retrievable immediately. Whenever possible, things should be in realtime. Speed and adaptability to individual preferences are other essential trends. In order to keep pace with... October 1, 2020Read more
-Accounting & Business ServicesAutomation as job killer in accounting: Fact or myth?When people talk about automation, digitalization and robots, they quickly come to the idea that human labor is being replaced by modern technology. While this may certainly be the case for certain technologies and industries, automated document extraction does not... September 8, 2020Read more
-GeneralProcess optimization through fully automatic document processing“The biggest opportunity for big companies has come by far in the digitization of internal processes.” This quote from former General Electric CEO Jack Welch illustrates how important the digitalization and automation of internal processes is in order to not... August 13, 2020Read more
-GeneralProcessing sequence: The life cycle of a documentIn one of the last articles, we addressed the relevance of certain configurations in the context of document scanning. Because if not scanned correctly, the subsequent extraction can result in quality losses that limit the targeted cost savings. However, we have not... August 11, 2020Read more