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How are we using GPT-4 Model for PDF Data Extraction?
At Docextrcator, we use cutting-edge technology like GPT-4’s advanced natural language processing capabilities to extract text and data from PDF documents or images, including tables, forms, header, footer and so on.
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7 IDP Use-Cases in Real Estate Companies
Ankan Das
The real estate industry is rapidly adopting Intelligent Document Processing (IDP) software to streamline processes and stay ahead of the competition. IDP technology employs artificial intelligence and machine learning algorithms to extract valuable information from various documents, enhancing efficiency and reducing manual effort. In this article, we will explore 7 key use cases of IDP…
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14 Use Cases of IDP in Loan Department
Are you a Manager of the Loan Department of any financial Institute? Are you an employee? Probably, Yes. In any financial Transaction, you have to double-check each and every digit and letter. In Loan Department, when the company gives money to the borrower, the company has to check every detail of the borrower. This is…
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15 Use-Cases of IDP in Logistics Services Company
Do you work in a Logistics firm? Are you a project manager of the company? In today’s fast-paced and ever-changing world, logistics services play an important role in ensuring the smooth flow of goods from one place to another. With the rapid growth of e-commerce and global trade, the demand for logistics services has skyrocketed,…
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14 Use-Cases of IDP in Insurance Services Company
Are you Managing Director of Insurence Company? Are you the CTO of Insurence Policy Selling Company? Probably Yes. So, as, you are working for an insurance company, you will know, how much time, you are spending time in collecting data from the Application’s Documents and storing it in the system. Not only that, you analyze…
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14 Use-Cases of IDP for Financing and Accounting
Are you work in any financial Accounting Institution? Are you a project manager and work with many financial documents daily basis? if yes, it is true that you know, how you and your colleague face several challenges when it comes to documents processing financial documents, manually. The Documents are fulfilled with many transaction records, profit,…
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18 Use-Cases of IDP in Banking System (Boost Workflow 10X)
As we know, the National and International Finance Market run on data finance runs on current data and Valid Documents. In the Financial world, you can’t work with any invalid document and fake data, if you do, you will dive your career and life in danger. Mainly, Financial institutes like banks are constantly inundated with…
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IDP and RPA In Banking: 10x Boost in the Banking Automation
According to Gartner, 80% of leaders in the financial sector are using an RPA for various purposes. The combination of IDP and RPA in Banking are two technologies that are used to improve efficiency and reduce costs. RPA involves the use of software robots to automate repetitive, rule-based tasks, while IDP uses machine learning and…
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Top 6 Banking Data Extraction Software in the Market
Are you a Bank Manager? Are you finding the best data extraction software for extracting data from Bank Statements? if Yes, You are landing in the best place on the web. You don’t need to go anywhere for finding Best Banking Data Extraction Software. Digitization of financial documents is an important task for financial institutions like banks…
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Top 10 Data Extraction Software in 2023
Every company and business has a lot of data. Data is very important to growing the business further, as per the new trend. The Market size of Data Extraction Software was at $1203.97 Million in 2021 and is projected to reach $3,992.96 Million by 2030. Established companies like Microsoft, Google, Apple, and Tesla, make data-driven decisions for launching their…
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AI-powered Intelligent Document Extraction for Smarter Business. Automatically extract printed text, handwriting, and data from any document.