Nanonets

SEPTEMBER 25, 2024

In this article, we’ll explore applications of AI and automation for bank statement processing. In recent years, AI-powered software tools using natural language processing (NLP) and machine learning (ML) have revolutionized this process.   💡 Best practices:  1.

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Nanonets

APRIL 16, 2023

MS-Excel files), structured XML documents from Electronic Data Interchange (EDI), PDFs and image files, and sometimes as hard copy documents. Errors at the start of the invoice processing workflow can snowball into serious outcomes such as over-payment, incorrect payments, invoice duplication, etc.

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Nanonets

MARCH 20, 2023

AI-enabled accounts payable software like Nanonets can extract accounts payable data from various sources and convert them into structured digital information that can be further processed or fed into ERPs or databases. Many AP software, however comprehensive, require that the data be available in recognizable digital formats.

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Nanonets

AUGUST 8, 2023

They use AI technologies like Natural Language Processing (NLP), voice analytics, and Optical Character Recognition (OCR) to extract, analyze, and interpret data. Seamless integration will enable smooth data flow and avoid duplication of effort. Source: Dialpad Dialpad AI Contact Center helps streamline customer interactions.

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Nanonets

MARCH 14, 2024

Managing multiple invoice formats: Large organizations handle purchase orders and invoices from various sources in diverse formats such as word documents, spreadsheets, XML documents for EDI, PDFs, images, and paper documents. With Nanonets AI, invoices are read with over 99% accuracy, drastically reducing the time spent on tedious tasks.

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Nanonets

APRIL 7, 2025

How to extract data from healthcare documents using Nanonets Nanonets is an AI-based OCR software. You can also classify incoming documents using AI (e.g., The validation workflow enables you to detect and flag duplicate documents to prevent issues like double billing.

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