Enterprises often encounter an overabundance of documents to process daily. On an average 80% of documents (electronic or otherwise) entering Enterprises are handled manually by humans leading to long cycle times, higher cost of operations, hampered productivity and unwanted human error.
Kanverse Intelligent Document Processing (IDP) reduces document processing cycle time from hours to seconds, optimizes operations cost, and turbocharges productivity by freeing staff from repetitive and manual tasks. Automatically ingest, extract, validate, and publish data with up to 99.5% processing accuracy with Kanverse IDP.
Built upon a SaaS-based Cognitive Automation platform, Kanverse IDP brings together Cognitive computing and Automation in a standalone product to deliver a zero-touch experience and unprecedented benefits to customers.IDP Uses 7 Powerful Technologies
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- Computer Vision
- Natural Language Processing
- Machine Learning
- Fuzzy Logic
- Optical Character Recognition
- Business Rules
Kanverse IDP – Business Benefits
Reduce cost of operations by up to 60%
Converts unstructured data into relevant actionable insights and processes and reduces your accounting operations cost by up to 60%.
Achieve up to 99.5% document processing accuracy
Kanverse IDP achieves up to 99.5% document extraction accuracy while reducing cycle time and optimizing cost.
Automate up to 80% of accounting workload
Automate Account payable, Purchase orders and Quote’s processing workflows by removing manual work.
Painless digital transformation
Seamless document data capture from multi-channels like e-mail, portal, sharepoint and automated classification, extraction, validation and filing.
Dramatically shorten deployment time
Eliminate the need to create templates for extraction and ditch the complex template creation and update process.
Meet security and compliance standards
Meet end-to-end compliance and security requirements with holistic visibility and monitoring.
Kanverse IDP – Use Cases
AP Invoice Processing
Automated workflow to extract and validate the header amount, line-item data from supplier invoices
Purchase Order (PO) Processing Automation
Automated order data extraction from physical, scanned and faxed POs
Quotation Processing Automation
Automate data extraction from quotations and filing into standardized, structured data in the ERP system
Kanverse intelligent document processing product is an end-to-end solution which completely digitizes your document processing workflows.
Now anyone can Monitor, Track, and Retrieve Information from physical documents entering your business processes in seconds.Request Demo
Kanverse Intelligent Document Processing (IDP) Key Features
Multichannel and Multilanguage document import
Import documents from your preferred choice of channels and handle documents in multiple languages for processing.
Identify and classify documents of interest and other supporting documents and process only the required documents and pass the others through to system of records.
Highly accurate extraction of up to 99.5%
Recognize and extract the header, line-item data, and data from tables based on business needs using AI-powered OCR.
Ingestion of single, multi-invoice documents and in pdf, image form
Automatically extract data and process multiple invoices from a single document.
AutoCorrect with fuzzy logic
Automatically correct data by using fuzzy logic to enhances the document extraction experience.
Automatic data verification against business rules
Apply business specific custom rules, validations, notifications while processing the data.
Newly build dashboard provides complete visibility of the entire process.
Out of box connectors
Connect with Oracle EBS and Oracle Fusion to digitize the entire document processing workflows.
Learn more about Kanverse - Intelligent Document Processing Product powered by AI and Automation
Contact Us for Demo
Connect with us for a 1:1 product demonstration and understand how Kanverse AI can entirely digitize your document processing workflows.
Kanverse IDP digitizes document processing for enterprises from ingestion, classification, extraction, validation to filing. Extract data from a wide gamut of documents with up to 99.5% accuracy using its multi-stage AI engine. Say goodbye to manual entry, reduce cycle time to seconds, optimize cost by up to 80%, minimize human error, and turbocharge productivity of your team.