Business Process & Workflow
Since the inception of the home printer, one question has bewildered humanity: How do you predict the point at which the quality of the printed page will decline to such a degree that any residual ink in the cartridge isn’t worth extracting? Or, to put it more simply, when should you replace the ink, and thus, when do you need to buy more ink?
Despite a 2% reduction in the number of Freedom of Information (FOI) requests received by Australian Commonwealth Government agencies in 2021-2022 Financial Year, FOI processing costs jumped by 5%, driven largely by increased expenditure on legal advice and litigation.
ProcessMaker has announced the acquisition of the intelligent document processing specialist Doculayer, based in Amsterdam. Through the application of machine learning and artificial intelligence, Doculayer can classify and extract meaning and data from documents. Doculayer’s intelligence can handle not only structured data that resides in known forms and tables, but also completely unstructured data from images, chats, emails, and more.
A startup that includes includes the product, design, and engineering leaders from Gmail and Google Calendar has announced a $US5M seed round and the early access launch of their collaborative workflow product, Relay.
Kanverse.ai has announced the launch of Jasper release of its patented AI-powered Intelligent Document Processing Product suite for Enterprises.
Bonitasoft has announced the first release of the Bonita Digital Business Process Management platform. It includes tools to customise the visualization of processes and cases for improved process monitoring, giving businesses a deeper understanding of how processes are performing as they run.
Lexmark has announced updates to its Lexmark Cloud Services Platform, including Lexmark Translation Assistant (LTA), a solution that provides realtime document translations services.
One: There are different understandings of the terminology within the same organisation
The application formerly known as SharePoint Syntex has been rebranded as Microsoft Syntex and now offers a new set of AI capabilities to automate content creation, indexing, and discovery. Syntex offers backup, archiving, analytics and management tools for documents as well as a viewer to add annotations and redactions to files.
Nividous has recently introduced improvements to its platform's Intelligent Document Processing (IDP) capabilities. These new advancements allow out-of-the-box data extraction from any document type (such as invoices, identity cards, and loan applications) and various formats, including structured, semi-structured, and unstructured.
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