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Amazon Textract is a service that automatically extracts text and data from scanned documents. Amazon Textract goes beyond simple optical character recognition (OCR) to also identify the contents of fields in forms and information stored in tables.
Many companies today extract data from documents and forms through manual data entry that’s slow and expensive or through simple optical character recognition (OCR) software that requires manual customization or configuration. Rules and workflows for each document and form often need to be hard-coded and updated with each change to the form or when dealing with multiple forms. If the form deviates from the rules, the output is often scrambled and unusable.
Amazon Textract overcomes these challenges by using machine learning to instantly “read” virtually any type of document to accurately extract text and data without the need for any manual effort or custom code. With Textract you can quickly automate document workflows, enabling you to process millions of document pages in hours. Once the information is captured, you can take action on it within your business applications to initiate next steps for a loan application or medical claims processing. Additionally, you can create smart search indexes, build automated approval workflows, and better maintain compliance with document archival rules by flagging data that may require redaction.
Docsumo is an intelligent document processing software that automates data capture, extraction, and analytics for businesses, enhancing efficiency and accuracy in handling documents.
Docsumo streamlines document workflows by using machine learning and AI-driven technology to efficiently extract and manage data from complex documents. This advanced software helps enterprises to reduce manual data entry errors and improve decision-making processes with data precision. It supports various industries in managing tasks related to accounting, finance, and operations seamlessly, offering a customizable approach for different document formats and workflows.
What are Docsumo's most valuable features?Docsumo's implementation varies across industries like finance, where it manages invoices and receipts, or in logistics, optimizing inventory documentation. Its adaptability is beneficial in adjusting to industry-specific document workflows, whether it's for batch processing or regulatory compliance, promoting enhanced productivity across sectors.
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