RPA vendor Softomotive has announced a partnership with CaptureFast to allow users to unlock valuable information from physical or digital documents via AI using machine print character recognition.  

John Anastasopoulos, Head of Product for Softomotive said, “This is an important development for our customers because it opens up the range of processes that are potentially suitable candidates to be automated. By doing so, it means they can accelerate process development to achieve better ROI.”

Accordng to analyst firm Forrester in its Robotic Process Automation, Q2 2018 Report: "Text mining applied to unstructured content lifts RPA’s value. Text analytics enhances the strategic value of RPA.

“Typical documents in scope include insurance, medical claim forms, invoices, purchase orders, and emails. Unstructured text fields are scattered throughout such documents. Before these text fields can become actionable in RPA, a process must extract structures — simple ones like names, times, and locations, and complex ones like sentiment, effort, and intent. Leading vendors stepped up their game with partnerships or native extensions."

Gurkan Karagoz, founder and CEO of CaptureFast explains, “Data capture is normally the starting point and customers also need to take action or process the data once it is captured. Capture, by itself, solves only part of the problem. In order to achieve broader automation, CaptureFast values partnerships with RPA vendors such as Softomotive because it provides customers with an easy to implement and flexible data capture solution in their RPA deployment.”