The Journey From Paper, To Digital Process Intelligence

General News

Summary

Organizations in every vertical have always relied upon a certain quantity of paper since the dawn of known time and, despite the rise of digital, that basic truth isn’t going to change. Although invoices are now largely digital, boarding passes live on smartphones and there’s even an app (or two) for To-Do lists and notepads, a certain amount of paper will always feature as part of any firm’s operational procedures. If we accept these basic propositions, then it should logically follow that the technology industry seeks to provide solutions to working with information in its digital form. “When we digitize successfully, we (as businesses) start to find that traditional use cases of technology (that might have previously only been touched by the IT department) start to become ‘subsumed’ into other line of business applications, which is why we talk about ‘citizen developers’ now creating new application services because they can more directly ‘shape’ the way powerful back end technologies function,” added Macciola. The company insists that Vantage addresses common content-centric pain points such as lengthy set-up and configuration, shortage of training data, requiring skilled experts in areas like machine learning for automating unstructured content.

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applications
Accounting and Taxes

AskAI Classifications

Labels
Intelligent Automation AI Document Processing Optical Character Recognition (OCR) Software

Linked Companies

ABBYY
$100M to $250M