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Top 9 Amazon Textract alternatives for data extraction

Nanonets

4 Docparser Rule-based extraction 4.6/5 9 Laserfiche Enterprise content management 4.7/5 Extensive validation rules engine 5. Docparser Docparser template-based extraction Docparser offers a rule-based approach using zonal OCR technology. Built-in validation rules 8. 5 No Pay-as-you-go ($1.50 per 1,000 pages) 43.4

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Moving The Business Payments Focus From Price To Process

PYMNTS

“We’re seeing increased costs to have security around the printing of checks, and what I’ll call ‘the old ways,’” said Joiner. Against that backdrop, companies are re-evaluating and redesigning their entire supply chains, cost management life cycles and other processes across all industries from healthcare to manufacturing.

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The Role of Generative AI in the Banking Industry: A Call for Cautious Exploration

Fi911

Navigating the Path Ahead with Caution Banks bear significant overhead costs managing infrastructure, regulatory compliance, and customer service. The financial sector operates within a web of stringent rules designed to protect consumers and maintain economic stability. Regulation remains a concern, too.

AI
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Bitcoin Daily: ZenGo To Create Crypto Payment Card; HSBC Powers Bangladesh’s First X-Border Blockchain Transaction; Hong Kong Might Increase Crypto Oversight

PYMNTS

“Fuel Oil LCs are highly time sensitive where every second counts and we believe this Blockchain technology will help to manage time efficiently and also ensure increased efficiency and better cost management,” Moinuddin Hasan Rashid, Group Chairman and Managing Director, United Group, said.

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4 Steps to Automate your Procurement Process

Nanonets

You can set predefined rules and conditions to ensure consistency across procurement activities, minimizing errors and preventing unauthorized expenditures. Approval notifications are sent and managed easily through popular communication tools like Slack and Microsoft Teams, featuring direct Call To Actions (CTAs) for quick decision-making.

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The 9 Logistics Documents to Automate with IDP

Nanonets

Data Validation: IDP can cross-verify extracted data against predefined rules or external databases, ensuring accuracy and reliability. By automatically validating information against predefined rules, the risk of non-compliance is minimized, mitigating potential legal issues and delays.

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Top 10 OCR for Invoices in 2024

Nanonets

OCR helps automate invoice processing, enabling businesses to track costs, manage budgets, and improve profitability. Utilities : Utility companies receive invoices for energy, water, waste management, and maintenance services. Datacap has a strong OCR engine, multiple functions, and customizable rules.