Data extraction

Hyperion Research Names Contract Logix an Advanced Solution in Contract Lifecycle Management

Retrieved on: 
Tuesday, November 14, 2023

LOWELL, Mass., Nov. 14, 2023 /PRNewswire-PRWeb/ -- Contract Logix, a leading provider of data-driven contract management software, today announced that it has been recognized as an Advanced Solution in Contract Lifecycle Management (CLM) by Hyperion Research. The 2023 MarketView™ for Contract Lifecycle Management for Legal was issued in October 2023 and represents the culmination of more than 1,000 hours of primary research about the market.

Key Points: 
  • LOWELL, Mass., Nov. 14, 2023 /PRNewswire-PRWeb/ -- Contract Logix, a leading provider of data-driven contract management software , today announced that it has been recognized as an Advanced Solution in Contract Lifecycle Management (CLM) by Hyperion Research.
  • The 2023 MarketView™ for Contract Lifecycle Management for Legal was issued in October 2023 and represents the culmination of more than 1,000 hours of primary research about the market.
  • "Contract Logix has incorporated over 15 years of knowledge and experience delivering CLM solutions into the development of our platform, and we're honored to be included in Hyperion Research's latest report," said Tim Donaghy, Chief Technology Officer, Contract Logix.
  • Over the past year, Contract Logix introduced new artificial intelligence-powered Data Extraction and advanced analytics to remove barriers to the successful adoption of contract management software.

Kofax Enhances TotalAgility with Generative AI

Retrieved on: 
Wednesday, August 30, 2023

Kofax ®, a recognized leader in intelligent automation solutions for digital transformation, today unveiled a new Azure OpenAI connector for TotalAgility on the Kofax Marketplace.

Key Points: 
  • Kofax ®, a recognized leader in intelligent automation solutions for digital transformation, today unveiled a new Azure OpenAI connector for TotalAgility on the Kofax Marketplace.
  • It is now easier for customers to extend TotalAgility workflows with several core Generative AI (GAI) capabilities:
    Deep Understanding: Analyze unstructured text to discern meaning, emotion, and purpose.
  • By infusing Generative AI into the robust TotalAgility platform, we're offering our clients unprecedented tools which enhance worker productivity and accelerate decision-making capabilities."
  • For a comprehensive overview and to download the Azure OpenAI connector for TotalAgility on the Kofax Marketplace, visit: https://marketplace.kofax.com/details/azure-openai-gpt-connector-for-tot... .

Unison Debuts Data Extraction Module, Paving the Way for a New Era in Government Contract Lifecycle Management

Retrieved on: 
Wednesday, July 19, 2023

DULLES, Va., July 19, 2023 /PRNewswire/ -- Unison, a leading provider of software solutions and insights in government acquisitions, today announced the launch of its cutting-edge Data Extraction (DE) Module, a tool designed to enhance the day-to-day operations of government contract professionals.

Key Points: 
  • "Identifying data entry as a substantial bottleneck in contract management, the DE Module harnesses advanced automation to simplify a once daunting task," said Melissa Amdahl, Product Director of Unison Contract Lifecycle Management .
  • "Beyond optimizing operations, the DE Module frees contract professionals from the grind of data management, enabling them to focus their expertise on strategic objectives."
  • Key features of the DE Module include 97% clause data accuracy, 50% faster CLIN extraction, and 90% faster clause extraction.
  • Unison's Data Extraction Module introduces a shift in contract management, making technology a supportive ally rather than a hurdle.

Capitola Introduces GPT Technology into its Commercial Insurance Platform

Retrieved on: 
Tuesday, June 13, 2023

Capitola , the digital marketplace for commercial insurance that connects brokers and carriers, today announced the introduction of GPT technology into its commercial insurance platform.

Key Points: 
  • Capitola , the digital marketplace for commercial insurance that connects brokers and carriers, today announced the introduction of GPT technology into its commercial insurance platform.
  • Earlier forms of AI could only understand the syntax, but with GPT technology, Capitola Co-Pilot can even understand the semantics.
  • "Capitola is excited to be the GPT pioneer in the digital commercial insurance domain,” said Naor Rosenberg, co-founder and CTO at Capitola.
  • Capitola Co-Pilot is currently available on the Capitola Commercial Insurance Platform, with new features and functionality coming in the next few months.

GoodFirms Publishes a New list of Best Accounts Payable Software for large businesses

Retrieved on: 
Friday, July 15, 2022

WASHINGTON, July 15, 2022 /PRNewswire/ -- GoodFirms, the universally renowned research, ratings, and reviews platform, recently announced the latest list of Best Accounts Payable Software for larger businesses.

Key Points: 
  • WASHINGTON, July 15, 2022 /PRNewswire/ -- GoodFirms, the universally renowned research, ratings, and reviews platform, recently announced the latest list of Best Accounts Payable Software for larger businesses.
  • Recently announced the latest list of Best Accounts Payable Software for larger businesses.
  • Best Accounts Payable Software listed by GoodFirms:
    Accounts payable software is an intuitive, versatile tool designed for businesses to handle, track, and record every payment management by leveraging a set of customized instructions to run the AP system securely.
  • Here, GoodFirms has assessed and curated the list of most excellent accounts payable software to transform their account operations digitally by reducing accounts' expected workload, human error, and fraud.

Vroozi Launches New Accounts Payable and Invoice Automation Platform to Automate Invoice Capture, Approvals and Payments

Retrieved on: 
Wednesday, November 10, 2021

Vroozi , the leading purchasing and spend management platform for enterprise and mid-market companies, is launching Vroozi Intelligence, a smart accounts payable and invoice automation (APIA) platform that automates and simplifies the scanning, capture and approval of business invoices and payments.

Key Points: 
  • Vroozi , the leading purchasing and spend management platform for enterprise and mid-market companies, is launching Vroozi Intelligence, a smart accounts payable and invoice automation (APIA) platform that automates and simplifies the scanning, capture and approval of business invoices and payments.
  • Smart account coding at the invoice level paired with smart approvals for invoice processing will eliminate time and pain across the invoice-to-pay lifecycle.
  • Procurement and accounts payable teams are constantly chasing approvals, working with paper documents and dealing with non-PO invoices, said Khan.
  • Vroozi the leading Procurement and Accounts Payable automation platform makes business purchasing easier, more efficient and effective.

etherFAX to Showcase New Artificial Intelligence Solution for Document Data Extraction, DirectFax, Mobile and Device Integrations at the 2021 HIMSS Conference

Retrieved on: 
Monday, August 2, 2021

This year at HIMSS, etherFAX will showcase DirectFax via the etherFAX Secure Exchange Network (SEN), integrations with Slack, Teams, and mobile, the etherFAX API, and its new artificial intelligence (AI) solution for document data extraction.

Key Points: 
  • This year at HIMSS, etherFAX will showcase DirectFax via the etherFAX Secure Exchange Network (SEN), integrations with Slack, Teams, and mobile, the etherFAX API, and its new artificial intelligence (AI) solution for document data extraction.
  • etherFAX is improving interoperability within the healthcare industry with its AI solution for searchable PDFs, OCR, and document data extraction.
  • etherFAX AI uses Microsoft's Cognitive Services to extract and digitize data from a range of unstructured documents and forms, streamlining workflow and eliminating manual entry.
  • "We're committed to transforming the fax industry with our cloud-based, artificial intelligence technology," Paul Banco, CEO and co-founder of etherFAX said.

Daloopa Closes $20M Series A to Automate Data Extraction for Financial Institutions

Retrieved on: 
Thursday, July 15, 2021

NEW YORK, July 15, 2021 /PRNewswire/ -- Daloopa announced today that it has closed $20 million in Series A financing to accelerate its AI-driven data extraction offerings for financial institutions.

Key Points: 
  • NEW YORK, July 15, 2021 /PRNewswire/ -- Daloopa announced today that it has closed $20 million in Series A financing to accelerate its AI-driven data extraction offerings for financial institutions.
  • Daloopa's mission is to provide clarity and efficiency to financial markets through record-breaking data extraction quality and accuracy through the use of AI-driven software.
  • Daloopa provides high-quality AI-powered data extraction services to hedge funds, investment banks, and other financial institutions.
  • Daloopa's technology produces high-fidelity data extraction from millions of highly-complex financial documents, extracting financial data across structured and unstructured documents in dozens of languages.

etherFAX Releases New Artificial Intelligence Solution for Automated Data Extraction

Retrieved on: 
Wednesday, July 7, 2021

HOLMDEL, N.J., July 7, 2021 /PRNewswire-PRWeb/ --etherFAX today announced the release of its new artificial intelligence (AI) solutions: searchable PDFs, OCR, and document data extraction.

Key Points: 
  • HOLMDEL, N.J., July 7, 2021 /PRNewswire-PRWeb/ --etherFAX today announced the release of its new artificial intelligence (AI) solutions: searchable PDFs, OCR, and document data extraction.
  • "Powerful AI document data extraction transforms unstructured documents such as faxes, PDFs, and paper-based forms into structured, searchable data ready to integrate into workflow processes and applications," said Ben Manning, Director of Product at etherFAX.
  • "Utilizing these cognitive services for data extraction turns content locked in unstructured forms into usable, structured data and fields that can be used to automate workflows and eliminate manual processes."
  • "Form recognition and data extraction turns content locked in unstructured forms into usable, structured data and fields.

Worldwide Data Extraction Industry to 2027 - Emerging Trend of Adopting Virtual Data Warehousing Presents Opportunities - ResearchAndMarkets.com

Retrieved on: 
Wednesday, November 18, 2020

Data extraction is the process of extracting data from various different data sources to transform the data and to gain meaning full insights from the data.

Key Points: 
  • Data extraction is the process of extracting data from various different data sources to transform the data and to gain meaning full insights from the data.
  • In addition, data extraction software helps organizations to extract data from various different structured and unstructured data sources and stores it in data warehouse.
  • Furthermore, growth in adoption of AI in data extraction and emerging trends of adopting virtual data warehousing are anticipated to provide lucrative opportunities for the market expansion during the forecast period.
  • The global data extraction market is segmented on the basis of component, data type, deployment model, enterprise size, industry vertical, and region.