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Failed Automation Projects? It’s Not the Tools - It’s the Data

Nanonets

Most Enterprise Data is Unstructured Why Agents and RPA Require Structured Data Automation tools like Robotic Process Automation (RPA) excel with structured, predictable data - neatly arranged in databases, spreadsheets, or standardized forms. They falter with unstructured inputs. The result?

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Burying Common Financial Reporting Horrors in the Finance Graveyard

The Finance Weekly

The worst part is that without the proper technology to help streamline and integrate financial reporting processes, your business will continue to have cascading errors, which will eventually result in the worst of all horrors: performance bottlenecking. Just thinking about it gives us the chills.

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The Evolution of Biometric Security Technologies 

Segpay

As these technologies continue to evolve, they not only enhance security but also improve user experience. These traits are virtually impossible to duplicate or forge, making biometric security an attractive alternative to traditional methods like passwords or knowledge-based authentication.

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Multinational’s Next Data Challenge: Know Your Vendor

PYMNTS

“On the other side,” he continued, “suppliers are having to provide better data services. The assessment went further: According to Benson, a deeper look at that list of 43,000 revealed duplicates – misspellings, or multiple names for the same supplier. The company will sometimes go by W.W.

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Automating Invoice Processing with OCR and Deep Learning

Nanonets

Data dump - once the information has been extracted it needs to be stored in a retrievable format like A database An excel sheet An ERP system. The company, having automated the process of entering this data into a database, can also now retrieve this information anytime. If a field is the total, subtotal, date of invoice, vendor etc.

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How to Use AI in Bank Statement Processing

Nanonets

Monitor extraction accuracy and implement feedback loops to improve the process continuously. Set up rule-based workflows to identify and remove any duplicate entries and human review for complex or ambiguous transactions. Reconciliation This step involves matching the extracted data with the company’s internal records.

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President Obama On The ‘Cyber Arms Race’

PYMNTS

At the G20 international summit in China, President Obama told the media that, as countries continue to build up their arsenals of cyberweapons, the chance for a “free-for-all” to break out in the cyberspace is likely, unless everyone starts acting responsibly — and fast. His remarks come as the U.S. Russian Hackers Strike Again?