Case study: AI-powered automated document processing


Posted July 1, 2021 by goodaisolutions

Document processing is a long and tedious task for most companies

 
Document processing is a long and tedious task for most companies. Extracting the data you need and classifying documents can be a messy and time-consuming process. But now, thanks to AI, this process can be fully automated saving businesses time and money.


Processing the right data
Using Natural Language Processing (NLP) technology and machine learning models, AI frameworks can be trained to help. They can recognize specific document types and interpret document content. Not only that, these frameworks can classify those documents by specific features, or extract important data and store it.

Current technology allows the automation of document processing to reach levels it has never reached before. Currently, document processing within most companies requires large amounts of human supervision and coordination. This is especially true when working with complex documents. However, it seems like this could be a thing of the past.

Automated savings
GasNet is a gas distributor servicing 2.3 million clients in Czech Republic. Like many other energy providers, they rely heavily on document processing. They send and receive bills and invoices, and have many other communications with their clients.

GasNet used to carry out their document processing manually. They receive tens of thousands of documents a day and process them across departments throughout the company. This was a resource-heavy, time-consuming way of dealing with documents.

To help automate this process they started using AutoDoc technology from GoodAI Solutions. AutoDoc is able to analyze and classify thousands of PDF documents into predefined classes without anyone having to open them. This is saving GasNet thousands of Euros weekly.

Radek Starý, Director of Operational Asset Management at GasNet Czech Republic, says: “GoodAI Solutions developed a solution which resulted in sizable savings for GasNet. They succeeded in designing an innovative proof of concept, and then building a production-ready system for automating document processing.”

Let us do the work!
AutoDoc is able to read any machine-readable format document, interpret the content, and automate your processes. It can classify by document type, or into specific categories. It can even read documents and update records in databases.

With this kind of technology becoming more and more accessible it is unlikely that humans will continue to undertake such inefficient tasks. AutoDoc can reduce your workload and help process thousands of documents saving companies valuable internal working hours.

Get in touch with our team to find out more about how AI-powered automated document processing works.
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Issued By GoodAI Solutions, s.r.o.
Country Sweden
Categories Business
Tags ai studio , artificial intelligence
Last Updated July 1, 2021