Some questions regarding document understanding

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  1. What document types are processed through the tool?
  2. What are the most important capabilities for the use cases?
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You can visit below link to clear your questions and get to know more knowledge about document understanding

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Hey @aditi.kumari Basically Document Understanding we usually do while we have large number of invoices where the PDFs Data Structure is Same. because it is more reliable Faster and accurate.

Document Types Processed

  1. Invoices
  2. Receipts
  3. Contracts
  4. Forms (e.g., W-2, 1099)
  5. Reports (e.g., financial, sales)
  6. Letters
  7. ID Documents (e.g., passports, driver’s licenses)
  8. Medical Records
  9. Purchase Orders

Important Capabilities for Use Cases

  1. Text Extraction
  • Accurate retrieval of text from scanned documents or images.
  1. Data Classification
  • Ability to categorize documents based on content and structure.
  1. Entity Recognition
  • Identifying key entities (e.g., dates, amounts, names) within the text.
  1. Template Matching
  • Recognizing and processing documents based on predefined templates.
  1. Semantic Analysis
  • Understanding the context and meaning behind the text.
  1. Multi-language Support
  • Capability to process documents in various languages.
  1. Integration with Other Systems
  • Compatibility with ERP, CRM, and other software for seamless data transfer.
  1. Error Handling and Validation
  • Mechanisms for verifying data accuracy and handling discrepancies.
  1. User-Friendly Interface
  • Intuitive design for easy navigation and document management.
  1. Automated Workflows
  • Streamlining processes by automating repetitive tasks associated with document handling.

Cheers Happy Automation.

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