In companies today, numerous documents are in circulation. Yet the data inside needs to be captured so it can be used for further processing. Just think about how the Finance team needs access to data in invoices. Or how the market analytics department needs access to utility bill data to perform market research. Brokers who need to retrieve data from purchase orders, IT departments that require data extraction as a part of a paperless workflow. The list goes on.
To avoid the manual work to retrieve the data from structured and unstructured documents, various solutions exist to automate the process: either through template-based data extraction or using AI-based data extraction. However, what are the current advantages and disadvantages of each approach?
During this webinar, you will learn more about: