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Automated document classification and data extraction

"Whether it's the service requests in mortgage processing, the work orders in manufacturing, or the invoices in accounting, more than 80% of all business documents and forms are processed manually." Suresh Ramaswamy, VP, BPM strategy for Autonomy Cardiff

Source: ECMConnection.com

Inofile’s Intelligent Document Processing (IDP) service will extract index fields, data fields or classify a document automatically, reducing labor and improving results. Inofile utilizes every reliable method for extracting data including:

Barcode reading
OCR (optical character recognition)
ICR (intelligent character recognition – hand print)
OMR (Optical Mark Recognition)

The extracted data and the documents are delivered via Inofile’s delivery connectors created specifically for our software partners. Exception handling is easily managed through Inofile’s web interface allowing an end user to correct extracted data prior to upload