Data Extraction

Are you relying on manual data entry for collecting data from documents? This traditional method of collecting information entails the use of a large team who read information and key it into the system. In this slow, laborious input process, there can be spelling mistakes, incorrect formatting or even misreading of information on screen. If you are a small/medium sized business, the cost of data entry will be a significant expense when you employ manual data entry resources. You also will have to bear the risk of additional losses due to erroneous data in the system. 

Data extraction using Artificial Intelligence is the process of locating and identifying relevant data from various sources, varying formats like images, documents, PDFs, financial tables, graphs, and more with “human level accuracy”. Due to increased speed and accuracy of data extraction, you can tap into the potential of saving up to 50% of the costs associated with manual data entry.