AI Document Automation Insights • Page 37 of 44 • Parashift.AI

Automatic reconciliation of credit card statements with receipts or invoices

Happy employees = higher productivity = more successful company. A successful company is progressive, which can be seen in the way it handles its finances. Companies that let their employees pay for business expenses such as food, travel and hotel...

October 27, 2020

News

Self-service for tenants, owners & craftsmen in the online portal of the property management companies

Fortunately, digitization does not stop at the dialog between property management companies and their tenants, owners and craftsmen. Not so long ago, communication was still exclusively by telephone and e-mail (or by mail…), but many property management companies now offer...

October 24, 2020

News

Why your marketing should design loyalty programs

Loyalty programs are an integral part of offline marketing and have been for years. They create a bond between the brand and the customer. Buy a product, receive adhesive, stick adhesive on a loyalty card, take the full trading card...

October 22, 2020

Finance & Insurance

Transform your KYC process with AI OCR

Many of today’s “Know your Customer” (KYC) process designs at banks and other firms are inefficient, cost-intensive due to manual processing and are therefore not only a thorn in the side of the banks themselves, but also for the customers...

October 20, 2020

News

Modern document extraction for cost-efficient contract processing

Regardless of the size of the company, contracts and their specific conditions practically always form the basis of existing and future business relationships. Accordingly, it is worthwhile for companies to take a comprehensive look at the entire contract management process,...

October 15, 2020

Finance & Insurance

Document processing in the insurance industry

Since it has been common practice in the insurance industry to receive a huge amount of documents every day, one might well think that in 2020, document processing is automated for the most part. It is therefore all the more...

October 8, 2020

News

RPA; Even with legacy software, without a major project

In the course of digitalization, customer requirements have changed significantly. Everything must be available and retrievable immediately. Whenever possible, things should be in realtime. Speed and adaptability to individual preferences are other essential trends. In order to keep pace with...

October 1, 2020

News

The advantages of fully validated position data in accounting

Modern OCR solutions are becoming increasingly relevant and popular. Consequently, the estimated annual growth rate of this market is correspondingly high. Specifically, approximately 10% per year. The question now arises as to why this industry is estimated to be experiencing such...

September 29, 2020

News

The costs of manual and software-supported invoice extraction part 3

This article is the last in our mini-series on the costs of manual and software-based invoice extraction. But first a short recap. In the first article, we looked at the different cost positions that are usually relevant for manual invoice extraction. Often...

September 24, 2020

Partners

Parashift teams up with UiPath to bring superior document intelligence into RPA projects

Robotic Process Automation is a powerful technology to automate tedious and repetitive tasks. To unleash its full potential, however, accurate, fast and cheap document extraction is indispensable. The partnership of Parashift with industry leader UiPath is therefore set to drive...

September 22, 2020

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