NLP Powered Document Processing

Purpose

Eliminate manual processing of the document

Pain Areas

Manual document processing is a timetaking & phased process

Human data entries are prone to mistakes

Understaffing & Overstaffing is a common problem

Data Points

Standard format of documents

Document categorization data

Technology

NLP and OCR is utilized in combination to extract the data from the document in a standard format

Multiple document types like invoices & purchase orders can be processed

OCR based ML model will self learn manual entry patterns

Business Outcomes

Error free data extraction & processing

Cost saving at data entry levels

Faster document processing

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