SlideShare a Scribd company logo
1 of 10
1
www.10xds.com
Exponential Digital Solutions
Intelligent Document
Processing
www.10xds.com
2
www.10xds.com
3
www.10xds.com
80% of data within an enterprise is
unstructured, and this type of information
is growing at 200% per year.
- Yankee Group
4
www.10xds.com
Challenges are there but we look at the enormous opportunities
Understand the context or purpose of a variety of
documents
Determine the context based on dynamic criteria
Extract the required data from the document Assign intelligent OCR tool for data extraction
Combine the context and the extracted
information
Integrate business decision engines and
intelligent OCR engines
Route the now-structured data down the process
map in the right sequence
Discipline the variations and exceptions by
involving human user
5
www.10xds.com
Optical Character Recognition (OCR)
Analyze and image and detects and extract the
texts in the image to a machine-readable format
Machine Learning (ML)
Systems that improve own performance by
exposure to data, outcomes and feedback loop.
They learn, predicts and improves
Human in the loop (HITL)
Human intelligence is brought it to the loop to
make decisions on exceptions, escalations and
approvals. It provides training to ML algorithms
CAPTURE RECOGNISE CLASSIFY & VALIDATE VERIFY & INTEGRATE
Received documents ( PDFs,
Scanned image) are archived
in Organizational Data Lakes
Intelligent automation solution
retrieves the documents and
extract the required data fields
Extracted data is consolidated.
Data shows the document type
(classification) and data fields
extracted from each document
Usage of BOT/API to update
the extracted data into the ERP
and processes further
Solutioning is our forte
6
www.10xds.com
Turning documents into data across industries
Banking and
Financial Services
 Account opening forms
 Maintenance forms
 Mortgage applications
 KYC
 Tax forms
Insurance
 Life insurance applications
 Auto accident claims
 Disability forms
 Change of beneficiary
forms
 Annuity account forms
Healthcare
 Patient intake forms
 Enrollment documents
 Health Insurance claim form
Governments
 Employment Application
 Medicare claims forms
 Tax forms
 Social security
documentation
& more including handwritten documents
7
www.10xds.com
Intelligent Data Processing Ecosystem
Secured
Doc-Storage
Data Validators
Notificatio
n Center
Process
Identifier
Pre-Extraction
Process
Extraction
Process
Post-Extraction
Process
Secured
Metadata-Storage
Curation Pipeline
Original Document
& Extracted Data
Data Extraction
Services
Data Translation
Services
Cognitive
Services
Machine Learning
Raw Documents
Digital/Scanned
PDF,Image,Office Docs
100 % Accurate
Validated Data
IDP Core Center
Client Technology Partners
8
www.10xds.com
4. Humans for value 5. Return on Investment
Benefits are manifold
Accuracy Reduced TAT
Reduced cost of
ERP Licenses
Humans for
value
Return on
Investment
9
www.10xds.com
4. Humans for value 5. Return on Investment
Your four step journey
01 02 03 04
 Conduct a Discover workshop session to
identify a document processing opportunities
across organizations
 Build a digital pipeline for all the
opportunities across organization
Discover
Identify opportunities and build a pipeline
 Select the document types for pilot
 Evaluate the technology stack and select the
most suitable one by gauging practical
implementation pros and cons
 Implement the pilot and test
Pilot
Institutionalize to see impact on real life
scenario
 Continuous build of sector and business
specific Document processing solutions and
gauge success measures and ROI
Production
Industrialize solutions for use
across organizations
 Continue the process until digital pipeline is
completed and Intelligent Document
processing is BAU
Business As Usual
Continue finetuning until BAU is achieved
10
www.10xds.com
Talk to our Experts
connect@10xds.com

More Related Content

What's hot

AI & Robotic Process Automation (RPA) to Digitally Transform Your Environment
AI & Robotic Process Automation (RPA) to Digitally Transform Your EnvironmentAI & Robotic Process Automation (RPA) to Digitally Transform Your Environment
AI & Robotic Process Automation (RPA) to Digitally Transform Your EnvironmentCprime
 
AI in Finance: Moving forward!
AI in Finance: Moving forward!AI in Finance: Moving forward!
AI in Finance: Moving forward!Adrian Hornsby
 
AI and the Financial Service Segment
AI and the Financial Service SegmentAI and the Financial Service Segment
AI and the Financial Service SegmentGraeme Wood
 
Digital Transformation for Manufacturing Industries
Digital Transformation for Manufacturing IndustriesDigital Transformation for Manufacturing Industries
Digital Transformation for Manufacturing IndustriesSAP Customer Experience
 
Success Factors for Digital Transformation in Banking
Success Factors for Digital Transformation in BankingSuccess Factors for Digital Transformation in Banking
Success Factors for Digital Transformation in BankingTata Consultancy Services
 
A Framework for Navigating Generative Artificial Intelligence for Enterprise
A Framework for Navigating Generative Artificial Intelligence for EnterpriseA Framework for Navigating Generative Artificial Intelligence for Enterprise
A Framework for Navigating Generative Artificial Intelligence for EnterpriseRocketSource
 
Introduction to RPA and Document Understanding
Introduction to RPA and Document UnderstandingIntroduction to RPA and Document Understanding
Introduction to RPA and Document UnderstandingDiana Gray, MBA
 
Accenture Cloud Platform: Control, Manage and Govern the Enterprise Cloud
Accenture Cloud Platform: Control, Manage and Govern the Enterprise CloudAccenture Cloud Platform: Control, Manage and Govern the Enterprise Cloud
Accenture Cloud Platform: Control, Manage and Govern the Enterprise Cloudaccenture
 
HyperHack 2023 Global Presentation - AMER Enablement_070623.pdf
HyperHack 2023 Global Presentation - AMER Enablement_070623.pdfHyperHack 2023 Global Presentation - AMER Enablement_070623.pdf
HyperHack 2023 Global Presentation - AMER Enablement_070623.pdfDianaGray10
 
AI: From Data to ROI
AI: From Data to ROIAI: From Data to ROI
AI: From Data to ROICognizant
 
UiPath Document Understanding_Day 2.pptx
UiPath Document Understanding_Day 2.pptxUiPath Document Understanding_Day 2.pptx
UiPath Document Understanding_Day 2.pptxRohitRadhakrishnan8
 
AIOps, IT Analytics, and Business Performance: What’s Needed and What Works
AIOps, IT Analytics, and Business Performance: What’s Needed and What Works AIOps, IT Analytics, and Business Performance: What’s Needed and What Works
AIOps, IT Analytics, and Business Performance: What’s Needed and What Works Enterprise Management Associates
 
Conversational AI and Chatbot Integrations
Conversational AI and Chatbot IntegrationsConversational AI and Chatbot Integrations
Conversational AI and Chatbot IntegrationsCristina Vidu
 
Conversational AI is Now the Heart of Customer Experience.pdf
Conversational AI is Now the Heart of Customer Experience.pdfConversational AI is Now the Heart of Customer Experience.pdf
Conversational AI is Now the Heart of Customer Experience.pdfScallionRice
 
Unlocking the Power of Generative AI An Executive's Guide.pdf
Unlocking the Power of Generative AI An Executive's Guide.pdfUnlocking the Power of Generative AI An Executive's Guide.pdf
Unlocking the Power of Generative AI An Executive's Guide.pdfPremNaraindas1
 
Maximizing Enterprise AI Investments | Accenture
Maximizing Enterprise AI Investments | AccentureMaximizing Enterprise AI Investments | Accenture
Maximizing Enterprise AI Investments | Accentureaccenture
 
Achieving Business Transformation with UiPath RPA
Achieving Business Transformation with UiPath RPAAchieving Business Transformation with UiPath RPA
Achieving Business Transformation with UiPath RPACelonis
 
Applying Robotic Process Automation in Banking: Innovations in Finance and Risk
Applying Robotic Process Automation in Banking: Innovations in Finance and RiskApplying Robotic Process Automation in Banking: Innovations in Finance and Risk
Applying Robotic Process Automation in Banking: Innovations in Finance and Riskaccenture
 

What's hot (20)

AI & Robotic Process Automation (RPA) to Digitally Transform Your Environment
AI & Robotic Process Automation (RPA) to Digitally Transform Your EnvironmentAI & Robotic Process Automation (RPA) to Digitally Transform Your Environment
AI & Robotic Process Automation (RPA) to Digitally Transform Your Environment
 
AI in Finance: Moving forward!
AI in Finance: Moving forward!AI in Finance: Moving forward!
AI in Finance: Moving forward!
 
AI and the Financial Service Segment
AI and the Financial Service SegmentAI and the Financial Service Segment
AI and the Financial Service Segment
 
Digital Transformation for Manufacturing Industries
Digital Transformation for Manufacturing IndustriesDigital Transformation for Manufacturing Industries
Digital Transformation for Manufacturing Industries
 
Robotics Process Automation
Robotics Process AutomationRobotics Process Automation
Robotics Process Automation
 
Success Factors for Digital Transformation in Banking
Success Factors for Digital Transformation in BankingSuccess Factors for Digital Transformation in Banking
Success Factors for Digital Transformation in Banking
 
A Framework for Navigating Generative Artificial Intelligence for Enterprise
A Framework for Navigating Generative Artificial Intelligence for EnterpriseA Framework for Navigating Generative Artificial Intelligence for Enterprise
A Framework for Navigating Generative Artificial Intelligence for Enterprise
 
Introduction to RPA and Document Understanding
Introduction to RPA and Document UnderstandingIntroduction to RPA and Document Understanding
Introduction to RPA and Document Understanding
 
Accenture Cloud Platform: Control, Manage and Govern the Enterprise Cloud
Accenture Cloud Platform: Control, Manage and Govern the Enterprise CloudAccenture Cloud Platform: Control, Manage and Govern the Enterprise Cloud
Accenture Cloud Platform: Control, Manage and Govern the Enterprise Cloud
 
HyperHack 2023 Global Presentation - AMER Enablement_070623.pdf
HyperHack 2023 Global Presentation - AMER Enablement_070623.pdfHyperHack 2023 Global Presentation - AMER Enablement_070623.pdf
HyperHack 2023 Global Presentation - AMER Enablement_070623.pdf
 
AI: From Data to ROI
AI: From Data to ROIAI: From Data to ROI
AI: From Data to ROI
 
The-CxO-Guide-to.pdf
The-CxO-Guide-to.pdfThe-CxO-Guide-to.pdf
The-CxO-Guide-to.pdf
 
UiPath Document Understanding_Day 2.pptx
UiPath Document Understanding_Day 2.pptxUiPath Document Understanding_Day 2.pptx
UiPath Document Understanding_Day 2.pptx
 
AIOps, IT Analytics, and Business Performance: What’s Needed and What Works
AIOps, IT Analytics, and Business Performance: What’s Needed and What Works AIOps, IT Analytics, and Business Performance: What’s Needed and What Works
AIOps, IT Analytics, and Business Performance: What’s Needed and What Works
 
Conversational AI and Chatbot Integrations
Conversational AI and Chatbot IntegrationsConversational AI and Chatbot Integrations
Conversational AI and Chatbot Integrations
 
Conversational AI is Now the Heart of Customer Experience.pdf
Conversational AI is Now the Heart of Customer Experience.pdfConversational AI is Now the Heart of Customer Experience.pdf
Conversational AI is Now the Heart of Customer Experience.pdf
 
Unlocking the Power of Generative AI An Executive's Guide.pdf
Unlocking the Power of Generative AI An Executive's Guide.pdfUnlocking the Power of Generative AI An Executive's Guide.pdf
Unlocking the Power of Generative AI An Executive's Guide.pdf
 
Maximizing Enterprise AI Investments | Accenture
Maximizing Enterprise AI Investments | AccentureMaximizing Enterprise AI Investments | Accenture
Maximizing Enterprise AI Investments | Accenture
 
Achieving Business Transformation with UiPath RPA
Achieving Business Transformation with UiPath RPAAchieving Business Transformation with UiPath RPA
Achieving Business Transformation with UiPath RPA
 
Applying Robotic Process Automation in Banking: Innovations in Finance and Risk
Applying Robotic Process Automation in Banking: Innovations in Finance and RiskApplying Robotic Process Automation in Banking: Innovations in Finance and Risk
Applying Robotic Process Automation in Banking: Innovations in Finance and Risk
 

Similar to Intelligent Document Processing to Streamline Document Processing

Three Dimensions of Data as a Service
Three Dimensions of Data as a ServiceThree Dimensions of Data as a Service
Three Dimensions of Data as a ServiceDenodo
 
DataOps - Big Data and AI World London - March 2020 - Harvinder Atwal
DataOps - Big Data and AI World London - March 2020 - Harvinder AtwalDataOps - Big Data and AI World London - March 2020 - Harvinder Atwal
DataOps - Big Data and AI World London - March 2020 - Harvinder AtwalHarvinder Atwal
 
Make Smarter Decisions with WISEMINER
Make Smarter Decisions with WISEMINERMake Smarter Decisions with WISEMINER
Make Smarter Decisions with WISEMINERLeonardo Couto
 
Aws mining intelligent_insights_with_machine_learning_financial_services_e_book
Aws mining intelligent_insights_with_machine_learning_financial_services_e_bookAws mining intelligent_insights_with_machine_learning_financial_services_e_book
Aws mining intelligent_insights_with_machine_learning_financial_services_e_bookamir527123
 
How to analyze text data with Named Entity Recognition
How to analyze text data with Named Entity RecognitionHow to analyze text data with Named Entity Recognition
How to analyze text data with Named Entity RecognitionSkyl.ai
 
Accenture Insurance Data Capture
Accenture Insurance Data Capture Accenture Insurance Data Capture
Accenture Insurance Data Capture Accenture Insurance
 
Seven Benefits of Intelligent Document Processing (IDP) for Financial Service...
Seven Benefits of Intelligent Document Processing (IDP) for Financial Service...Seven Benefits of Intelligent Document Processing (IDP) for Financial Service...
Seven Benefits of Intelligent Document Processing (IDP) for Financial Service...Managed Ousource Solutions
 
iData Sciences Product Overview
iData Sciences Product OverviewiData Sciences Product Overview
iData Sciences Product Overviewjvsrinivas1
 
PowerPoint presentation
PowerPoint presentationPowerPoint presentation
PowerPoint presentationwebhostingguy
 
Rita Arrigo, Microsoft
Rita Arrigo, Microsoft Rita Arrigo, Microsoft
Rita Arrigo, Microsoft Hilary Ip
 
2023.04.04, Automating Data Extraction with UiPath Document Understanding.pdf
2023.04.04, Automating Data Extraction with UiPath Document Understanding.pdf2023.04.04, Automating Data Extraction with UiPath Document Understanding.pdf
2023.04.04, Automating Data Extraction with UiPath Document Understanding.pdfTracy Dixon
 
Demystifying Machine Learning for Manufacturing: Data Science for all
Demystifying Machine Learning for Manufacturing: Data Science for allDemystifying Machine Learning for Manufacturing: Data Science for all
Demystifying Machine Learning for Manufacturing: Data Science for allInfosys
 
Big Data and MDM altogether: the winning association
Big Data and MDM altogether: the winning associationBig Data and MDM altogether: the winning association
Big Data and MDM altogether: the winning associationJean-Michel Franco
 
The IQ Business Group
The IQ Business GroupThe IQ Business Group
The IQ Business Groupmbeck94
 
The IQ Business Group
The IQ Business GroupThe IQ Business Group
The IQ Business Groupkejensen810
 
Agile Mumbai 2022 - Balvinder Kaur & Sushant Joshi | Real-Time Insights and A...
Agile Mumbai 2022 - Balvinder Kaur & Sushant Joshi | Real-Time Insights and A...Agile Mumbai 2022 - Balvinder Kaur & Sushant Joshi | Real-Time Insights and A...
Agile Mumbai 2022 - Balvinder Kaur & Sushant Joshi | Real-Time Insights and A...AgileNetwork
 
Di in the age of digital disruptions v1.0
Di in the age of digital disruptions v1.0Di in the age of digital disruptions v1.0
Di in the age of digital disruptions v1.0Amar Roy
 
ADV Slides: Increasing Artificial Intelligence Success with Master Data Manag...
ADV Slides: Increasing Artificial Intelligence Success with Master Data Manag...ADV Slides: Increasing Artificial Intelligence Success with Master Data Manag...
ADV Slides: Increasing Artificial Intelligence Success with Master Data Manag...DATAVERSITY
 

Similar to Intelligent Document Processing to Streamline Document Processing (20)

Three Dimensions of Data as a Service
Three Dimensions of Data as a ServiceThree Dimensions of Data as a Service
Three Dimensions of Data as a Service
 
DataOps - Big Data and AI World London - March 2020 - Harvinder Atwal
DataOps - Big Data and AI World London - March 2020 - Harvinder AtwalDataOps - Big Data and AI World London - March 2020 - Harvinder Atwal
DataOps - Big Data and AI World London - March 2020 - Harvinder Atwal
 
Make Smarter Decisions with WISEMINER
Make Smarter Decisions with WISEMINERMake Smarter Decisions with WISEMINER
Make Smarter Decisions with WISEMINER
 
DU PPT (1).pptx
DU PPT (1).pptxDU PPT (1).pptx
DU PPT (1).pptx
 
Aws mining intelligent_insights_with_machine_learning_financial_services_e_book
Aws mining intelligent_insights_with_machine_learning_financial_services_e_bookAws mining intelligent_insights_with_machine_learning_financial_services_e_book
Aws mining intelligent_insights_with_machine_learning_financial_services_e_book
 
How to analyze text data with Named Entity Recognition
How to analyze text data with Named Entity RecognitionHow to analyze text data with Named Entity Recognition
How to analyze text data with Named Entity Recognition
 
Accenture Insurance Data Capture
Accenture Insurance Data Capture Accenture Insurance Data Capture
Accenture Insurance Data Capture
 
Seven Benefits of Intelligent Document Processing (IDP) for Financial Service...
Seven Benefits of Intelligent Document Processing (IDP) for Financial Service...Seven Benefits of Intelligent Document Processing (IDP) for Financial Service...
Seven Benefits of Intelligent Document Processing (IDP) for Financial Service...
 
iData Sciences Product Overview
iData Sciences Product OverviewiData Sciences Product Overview
iData Sciences Product Overview
 
PowerPoint presentation
PowerPoint presentationPowerPoint presentation
PowerPoint presentation
 
Rita Arrigo, Microsoft
Rita Arrigo, Microsoft Rita Arrigo, Microsoft
Rita Arrigo, Microsoft
 
2023.04.04, Automating Data Extraction with UiPath Document Understanding.pdf
2023.04.04, Automating Data Extraction with UiPath Document Understanding.pdf2023.04.04, Automating Data Extraction with UiPath Document Understanding.pdf
2023.04.04, Automating Data Extraction with UiPath Document Understanding.pdf
 
Demystifying Machine Learning for Manufacturing: Data Science for all
Demystifying Machine Learning for Manufacturing: Data Science for allDemystifying Machine Learning for Manufacturing: Data Science for all
Demystifying Machine Learning for Manufacturing: Data Science for all
 
Big Data and MDM altogether: the winning association
Big Data and MDM altogether: the winning associationBig Data and MDM altogether: the winning association
Big Data and MDM altogether: the winning association
 
The IQ Business Group
The IQ Business GroupThe IQ Business Group
The IQ Business Group
 
The IQ Business Group
The IQ Business GroupThe IQ Business Group
The IQ Business Group
 
Agile Mumbai 2022 - Balvinder Kaur & Sushant Joshi | Real-Time Insights and A...
Agile Mumbai 2022 - Balvinder Kaur & Sushant Joshi | Real-Time Insights and A...Agile Mumbai 2022 - Balvinder Kaur & Sushant Joshi | Real-Time Insights and A...
Agile Mumbai 2022 - Balvinder Kaur & Sushant Joshi | Real-Time Insights and A...
 
Achieving Business Success with Data.pdf
Achieving Business Success with Data.pdfAchieving Business Success with Data.pdf
Achieving Business Success with Data.pdf
 
Di in the age of digital disruptions v1.0
Di in the age of digital disruptions v1.0Di in the age of digital disruptions v1.0
Di in the age of digital disruptions v1.0
 
ADV Slides: Increasing Artificial Intelligence Success with Master Data Manag...
ADV Slides: Increasing Artificial Intelligence Success with Master Data Manag...ADV Slides: Increasing Artificial Intelligence Success with Master Data Manag...
ADV Slides: Increasing Artificial Intelligence Success with Master Data Manag...
 

Recently uploaded

Slack Application Development 101 Slides
Slack Application Development 101 SlidesSlack Application Development 101 Slides
Slack Application Development 101 Slidespraypatel2
 
Understanding the Laravel MVC Architecture
Understanding the Laravel MVC ArchitectureUnderstanding the Laravel MVC Architecture
Understanding the Laravel MVC ArchitecturePixlogix Infotech
 
Strategies for Unlocking Knowledge Management in Microsoft 365 in the Copilot...
Strategies for Unlocking Knowledge Management in Microsoft 365 in the Copilot...Strategies for Unlocking Knowledge Management in Microsoft 365 in the Copilot...
Strategies for Unlocking Knowledge Management in Microsoft 365 in the Copilot...Drew Madelung
 
Histor y of HAM Radio presentation slide
Histor y of HAM Radio presentation slideHistor y of HAM Radio presentation slide
Histor y of HAM Radio presentation slidevu2urc
 
From Event to Action: Accelerate Your Decision Making with Real-Time Automation
From Event to Action: Accelerate Your Decision Making with Real-Time AutomationFrom Event to Action: Accelerate Your Decision Making with Real-Time Automation
From Event to Action: Accelerate Your Decision Making with Real-Time AutomationSafe Software
 
A Call to Action for Generative AI in 2024
A Call to Action for Generative AI in 2024A Call to Action for Generative AI in 2024
A Call to Action for Generative AI in 2024Results
 
Transforming Data Streams with Kafka Connect: An Introduction to Single Messa...
Transforming Data Streams with Kafka Connect: An Introduction to Single Messa...Transforming Data Streams with Kafka Connect: An Introduction to Single Messa...
Transforming Data Streams with Kafka Connect: An Introduction to Single Messa...HostedbyConfluent
 
How to Troubleshoot Apps for the Modern Connected Worker
How to Troubleshoot Apps for the Modern Connected WorkerHow to Troubleshoot Apps for the Modern Connected Worker
How to Troubleshoot Apps for the Modern Connected WorkerThousandEyes
 
A Domino Admins Adventures (Engage 2024)
A Domino Admins Adventures (Engage 2024)A Domino Admins Adventures (Engage 2024)
A Domino Admins Adventures (Engage 2024)Gabriella Davis
 
How to convert PDF to text with Nanonets
How to convert PDF to text with NanonetsHow to convert PDF to text with Nanonets
How to convert PDF to text with Nanonetsnaman860154
 
Maximizing Board Effectiveness 2024 Webinar.pptx
Maximizing Board Effectiveness 2024 Webinar.pptxMaximizing Board Effectiveness 2024 Webinar.pptx
Maximizing Board Effectiveness 2024 Webinar.pptxOnBoard
 
Salesforce Community Group Quito, Salesforce 101
Salesforce Community Group Quito, Salesforce 101Salesforce Community Group Quito, Salesforce 101
Salesforce Community Group Quito, Salesforce 101Paola De la Torre
 
The 7 Things I Know About Cyber Security After 25 Years | April 2024
The 7 Things I Know About Cyber Security After 25 Years | April 2024The 7 Things I Know About Cyber Security After 25 Years | April 2024
The 7 Things I Know About Cyber Security After 25 Years | April 2024Rafal Los
 
Swan(sea) Song – personal research during my six years at Swansea ... and bey...
Swan(sea) Song – personal research during my six years at Swansea ... and bey...Swan(sea) Song – personal research during my six years at Swansea ... and bey...
Swan(sea) Song – personal research during my six years at Swansea ... and bey...Alan Dix
 
SQL Database Design For Developers at php[tek] 2024
SQL Database Design For Developers at php[tek] 2024SQL Database Design For Developers at php[tek] 2024
SQL Database Design For Developers at php[tek] 2024Scott Keck-Warren
 
Finology Group – Insurtech Innovation Award 2024
Finology Group – Insurtech Innovation Award 2024Finology Group – Insurtech Innovation Award 2024
Finology Group – Insurtech Innovation Award 2024The Digital Insurer
 
Google AI Hackathon: LLM based Evaluator for RAG
Google AI Hackathon: LLM based Evaluator for RAGGoogle AI Hackathon: LLM based Evaluator for RAG
Google AI Hackathon: LLM based Evaluator for RAGSujit Pal
 
Data Cloud, More than a CDP by Matt Robison
Data Cloud, More than a CDP by Matt RobisonData Cloud, More than a CDP by Matt Robison
Data Cloud, More than a CDP by Matt RobisonAnna Loughnan Colquhoun
 
Enhancing Worker Digital Experience: A Hands-on Workshop for Partners
Enhancing Worker Digital Experience: A Hands-on Workshop for PartnersEnhancing Worker Digital Experience: A Hands-on Workshop for Partners
Enhancing Worker Digital Experience: A Hands-on Workshop for PartnersThousandEyes
 
#StandardsGoals for 2024: What’s new for BISAC - Tech Forum 2024
#StandardsGoals for 2024: What’s new for BISAC - Tech Forum 2024#StandardsGoals for 2024: What’s new for BISAC - Tech Forum 2024
#StandardsGoals for 2024: What’s new for BISAC - Tech Forum 2024BookNet Canada
 

Recently uploaded (20)

Slack Application Development 101 Slides
Slack Application Development 101 SlidesSlack Application Development 101 Slides
Slack Application Development 101 Slides
 
Understanding the Laravel MVC Architecture
Understanding the Laravel MVC ArchitectureUnderstanding the Laravel MVC Architecture
Understanding the Laravel MVC Architecture
 
Strategies for Unlocking Knowledge Management in Microsoft 365 in the Copilot...
Strategies for Unlocking Knowledge Management in Microsoft 365 in the Copilot...Strategies for Unlocking Knowledge Management in Microsoft 365 in the Copilot...
Strategies for Unlocking Knowledge Management in Microsoft 365 in the Copilot...
 
Histor y of HAM Radio presentation slide
Histor y of HAM Radio presentation slideHistor y of HAM Radio presentation slide
Histor y of HAM Radio presentation slide
 
From Event to Action: Accelerate Your Decision Making with Real-Time Automation
From Event to Action: Accelerate Your Decision Making with Real-Time AutomationFrom Event to Action: Accelerate Your Decision Making with Real-Time Automation
From Event to Action: Accelerate Your Decision Making with Real-Time Automation
 
A Call to Action for Generative AI in 2024
A Call to Action for Generative AI in 2024A Call to Action for Generative AI in 2024
A Call to Action for Generative AI in 2024
 
Transforming Data Streams with Kafka Connect: An Introduction to Single Messa...
Transforming Data Streams with Kafka Connect: An Introduction to Single Messa...Transforming Data Streams with Kafka Connect: An Introduction to Single Messa...
Transforming Data Streams with Kafka Connect: An Introduction to Single Messa...
 
How to Troubleshoot Apps for the Modern Connected Worker
How to Troubleshoot Apps for the Modern Connected WorkerHow to Troubleshoot Apps for the Modern Connected Worker
How to Troubleshoot Apps for the Modern Connected Worker
 
A Domino Admins Adventures (Engage 2024)
A Domino Admins Adventures (Engage 2024)A Domino Admins Adventures (Engage 2024)
A Domino Admins Adventures (Engage 2024)
 
How to convert PDF to text with Nanonets
How to convert PDF to text with NanonetsHow to convert PDF to text with Nanonets
How to convert PDF to text with Nanonets
 
Maximizing Board Effectiveness 2024 Webinar.pptx
Maximizing Board Effectiveness 2024 Webinar.pptxMaximizing Board Effectiveness 2024 Webinar.pptx
Maximizing Board Effectiveness 2024 Webinar.pptx
 
Salesforce Community Group Quito, Salesforce 101
Salesforce Community Group Quito, Salesforce 101Salesforce Community Group Quito, Salesforce 101
Salesforce Community Group Quito, Salesforce 101
 
The 7 Things I Know About Cyber Security After 25 Years | April 2024
The 7 Things I Know About Cyber Security After 25 Years | April 2024The 7 Things I Know About Cyber Security After 25 Years | April 2024
The 7 Things I Know About Cyber Security After 25 Years | April 2024
 
Swan(sea) Song – personal research during my six years at Swansea ... and bey...
Swan(sea) Song – personal research during my six years at Swansea ... and bey...Swan(sea) Song – personal research during my six years at Swansea ... and bey...
Swan(sea) Song – personal research during my six years at Swansea ... and bey...
 
SQL Database Design For Developers at php[tek] 2024
SQL Database Design For Developers at php[tek] 2024SQL Database Design For Developers at php[tek] 2024
SQL Database Design For Developers at php[tek] 2024
 
Finology Group – Insurtech Innovation Award 2024
Finology Group – Insurtech Innovation Award 2024Finology Group – Insurtech Innovation Award 2024
Finology Group – Insurtech Innovation Award 2024
 
Google AI Hackathon: LLM based Evaluator for RAG
Google AI Hackathon: LLM based Evaluator for RAGGoogle AI Hackathon: LLM based Evaluator for RAG
Google AI Hackathon: LLM based Evaluator for RAG
 
Data Cloud, More than a CDP by Matt Robison
Data Cloud, More than a CDP by Matt RobisonData Cloud, More than a CDP by Matt Robison
Data Cloud, More than a CDP by Matt Robison
 
Enhancing Worker Digital Experience: A Hands-on Workshop for Partners
Enhancing Worker Digital Experience: A Hands-on Workshop for PartnersEnhancing Worker Digital Experience: A Hands-on Workshop for Partners
Enhancing Worker Digital Experience: A Hands-on Workshop for Partners
 
#StandardsGoals for 2024: What’s new for BISAC - Tech Forum 2024
#StandardsGoals for 2024: What’s new for BISAC - Tech Forum 2024#StandardsGoals for 2024: What’s new for BISAC - Tech Forum 2024
#StandardsGoals for 2024: What’s new for BISAC - Tech Forum 2024
 

Intelligent Document Processing to Streamline Document Processing

  • 3. 3 www.10xds.com 80% of data within an enterprise is unstructured, and this type of information is growing at 200% per year. - Yankee Group
  • 4. 4 www.10xds.com Challenges are there but we look at the enormous opportunities Understand the context or purpose of a variety of documents Determine the context based on dynamic criteria Extract the required data from the document Assign intelligent OCR tool for data extraction Combine the context and the extracted information Integrate business decision engines and intelligent OCR engines Route the now-structured data down the process map in the right sequence Discipline the variations and exceptions by involving human user
  • 5. 5 www.10xds.com Optical Character Recognition (OCR) Analyze and image and detects and extract the texts in the image to a machine-readable format Machine Learning (ML) Systems that improve own performance by exposure to data, outcomes and feedback loop. They learn, predicts and improves Human in the loop (HITL) Human intelligence is brought it to the loop to make decisions on exceptions, escalations and approvals. It provides training to ML algorithms CAPTURE RECOGNISE CLASSIFY & VALIDATE VERIFY & INTEGRATE Received documents ( PDFs, Scanned image) are archived in Organizational Data Lakes Intelligent automation solution retrieves the documents and extract the required data fields Extracted data is consolidated. Data shows the document type (classification) and data fields extracted from each document Usage of BOT/API to update the extracted data into the ERP and processes further Solutioning is our forte
  • 6. 6 www.10xds.com Turning documents into data across industries Banking and Financial Services  Account opening forms  Maintenance forms  Mortgage applications  KYC  Tax forms Insurance  Life insurance applications  Auto accident claims  Disability forms  Change of beneficiary forms  Annuity account forms Healthcare  Patient intake forms  Enrollment documents  Health Insurance claim form Governments  Employment Application  Medicare claims forms  Tax forms  Social security documentation & more including handwritten documents
  • 7. 7 www.10xds.com Intelligent Data Processing Ecosystem Secured Doc-Storage Data Validators Notificatio n Center Process Identifier Pre-Extraction Process Extraction Process Post-Extraction Process Secured Metadata-Storage Curation Pipeline Original Document & Extracted Data Data Extraction Services Data Translation Services Cognitive Services Machine Learning Raw Documents Digital/Scanned PDF,Image,Office Docs 100 % Accurate Validated Data IDP Core Center Client Technology Partners
  • 8. 8 www.10xds.com 4. Humans for value 5. Return on Investment Benefits are manifold Accuracy Reduced TAT Reduced cost of ERP Licenses Humans for value Return on Investment
  • 9. 9 www.10xds.com 4. Humans for value 5. Return on Investment Your four step journey 01 02 03 04  Conduct a Discover workshop session to identify a document processing opportunities across organizations  Build a digital pipeline for all the opportunities across organization Discover Identify opportunities and build a pipeline  Select the document types for pilot  Evaluate the technology stack and select the most suitable one by gauging practical implementation pros and cons  Implement the pilot and test Pilot Institutionalize to see impact on real life scenario  Continuous build of sector and business specific Document processing solutions and gauge success measures and ROI Production Industrialize solutions for use across organizations  Continue the process until digital pipeline is completed and Intelligent Document processing is BAU Business As Usual Continue finetuning until BAU is achieved
  • 10. 10 www.10xds.com Talk to our Experts connect@10xds.com