Nanonets

APRIL 3, 2024

One of ChatGPT’s particularly unique use cases is through proprietary or otherwise unique training data. Other, less niche use cases can include cash flow analysis and optimization, fed by vendor payment documents, forecasting fed by past performance metrics, and more (keep reading for a more exhaustive list!).

Finance

Nanonets

MARCH 15, 2024

These tasks are activities like data entry, invoice processing, and financial analysis, which are crucial for decision-making, operational planning, and risk management. It is time-consuming, requiring long hours of work to reconcile accounts, generate reports, and perform financial analysis. Where do you start?

Automation

Nanonets

APRIL 30, 2024

Apart from the challenges covered above, the main reason that many organisations still handle PDF data extraction manually is that: Conventional PDF data extractors typically extract everything in one go from a PDF and not just the specific data or key value pairs that are important for a particular business use case.

AI

Nanonets

SEPTEMBER 20, 2024

Applications of Table Extraction Table extraction has wide-ranging applications across various industries, here are a few examples of use-cases where converting unstructured tabular data into actionable insights is key: Financial Analysis : Table extraction is used to process financial reports, balance sheets, and income statements.

Rules

Nanonets

SEPTEMBER 18, 2024

In this article, you’ll learn how to set up efficient document workflows that save time and reduce error, ways to address common challenges, and automated tools for different use cases across industries. Use cases of financial document automation Document automation in the realm of finance and accounting is used in many sectors.

Automation

Nanonets

APRIL 17, 2023

You can contact our automation experts , who will understand your use case and set up workflows for you. Or, feel free to try Nanonets using our free trial. Would using a JPG to Excel converter make sense? Financial analysis: You may find some financial reports or data in PDF or image format.

Automation

Nanonets

JUNE 7, 2023

These tasks are activities like data entry, invoice processing, and financial analysis, which are crucial for decision-making, operational planning, and risk management. It is also time-consuming, requiring significant man-hours to reconcile accounts, generate reports, and perform financial analysis. Where do you start?

AI

Nanonets

SEPTEMBER 1, 2023

These tasks include data entry, invoice processing, and financial analysis, which are crucial for decision-making, operational planning, and risk management. Time-Consuming: Manual accounting work is time-consuming, requiring long hours to reconcile accounts, generate reports, and perform financial analysis.

Automation

Nanonets

JUNE 7, 2023

These tasks are activities like data entry, invoice processing, and financial analysis, which are crucial for decision-making, operational planning, and risk management. It is time-consuming, requiring long hours of work to reconcile accounts, generate reports, and perform financial analysis.   a.

Automation

Nanonets

MARCH 30, 2023

You can also schedule a demo to learn more about our IDP use cases ! This allows businesses to easily access and use the data that has been extracted, without having to manually enter it into another system. Start using Nanonets for Automation. Find out how Nanonets' use cases can apply to your product.

Process

Nanonets

MARCH 4, 2024

Use Cases of AI in Expense Management At its core, Artificial Intelligence (AI) is the simulation of human intelligence in machines that are programmed to think like humans and mimic their actions. This integration facilitates real-time financial analysis and helps maintain accurate financial records.

AI

Nanonets

JUNE 15, 2023

We will also see some use cases for automating accounting and how Nanonets can help businesses with automated accounting. Accounting automation uses advanced software technology and tools to automate various financial operations. What is  Accounting Automation?

Automation

Nanonets

MAY 8, 2023

The financial statements will also play a key role in income tax preparation for the business – another job for the accountant. The accountant’s job is higher-level financial analysis compared with the bookkeeper’s work. Find out how Nanonets' use cases can apply to your product.

Automation

Nanonets

AUGUST 21, 2024

How Nanonets Can Be Used to Enhance RAG Systems Nanonets is a powerful AI-driven platform that not only offers advanced OCR solutions but also enables the creation of custom data extraction models and RAG (Retrieval-Augmented Generation) use cases tailored to your specific needs.

Database

Nanonets

APRIL 15, 2024

Opportunity Cost: The time and resources spent on manual reconciliation could be better utilized for more strategic activities, such as financial analysis, forecasting, or business development initiatives.  

Reconciliation

Nanonets

MARCH 22, 2023

This technology is widely used in automation to digitize and streamline data processing tasks that were previously done manually. Healthcare data entry : OCR can be used to automatically extract patient information from medical records such as name, address, and medical history, which can then be used to automate data entry and analysis.

Automation

Nanonets

APRIL 5, 2024

From their strengths and weaknesses to their ideal use cases, we've got you covered.   Limited customization options may hinder businesses with unique workflows and use cases. Limitations in customization, filtering, and exporting options can disrupt financial analysis and decision-making.

Automation

Fintech Labs Insights

AUGUST 22, 2024

Europe 2022 (London): Dreams: Financial wellbeing platform focusing on behavioral changes, expanding across Europe with significant user engagement. Finshape: Provides AI-driven financial analysis tools, gaining reputation for accuracy and usability, expanding client base.

Online and Mobile Banking

Finovate

MAY 29, 2025

Griffin has opened access to its MCP (Model Context Protocol) server, enabling developers to build AI-powered agentic applications that can simulate tasks like account opening, payments, and financial analysis. The MCP server is currently available in a sandbox environment, allowing users to prototype autonomous finance workflows.

AI