Kanverse intelligent document processing product reduces operational costs by optimizing business processes and workflows with intelligent automation. It helps to reduce document processing cycle time, increases productivity and efficiency.
It makes your business processes more resilient and ensures uninterrupted business process continuity. It also ensures data integrity and quality with AI-powered data processing and flexible capture solutions.IDP Uses 7 Powerful Technologies
- 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 98% document processing accuracy
Kanverse IDP achieves up to 98% 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 98%
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.