Altron Intelligent Document Processing: 4-Wk Implementation

Altron Karabina

Streamline the processing of structured documents with Intelligent Document Processing (IDP)

In today's data-driven world, businesses are grappling with the challenge of extracting valuable insights from vast amounts of unstructured data embedded in documents, such as PDFs. Traditional manual methods of data extraction are not only time-consuming and error-prone but also hinder businesses from fully leveraging the potential of this data. With Altron’s Intelligent Document Processing (IDP) Solution you can extract data embedded in your documents (such as scanned invoices or bank statements on PDF) situated in Sharepoint, FTP sites and other locations, and extract the required structured data from them into data warehouses, applications or other workflows. Behind the scenes, this solution relies on various Azure components, such as Azure AI Document Intelligence, Azure Data Lake, Azure Data Factory, and custom components written in Python. The pricing and duration given for this implementation depend on a variety of factors, including the following: • Number of document formats that the AI models need to be trained for (eg invoice, statement, proof of delivery etc) • Complexity of storage location structure where the documents are currently situated (eg extracting from personal OneDrives will take longer) • Complexity of what is needed to be done with the data once it has been extracted (eg integrating into SAP is more complex than integrating into Dynamics) However, the range of projects to date have been from 1 to 3 months in duration, and from $50,000 to $100,000 in costs. Deliverables include a complete solution handed built in Azure and connected to your environment, handed over to your IT team for ongoing support with technical documentation, including functional requirements, architecture and low level design documents. We will also ensure the ongoing Azure consumption costs for this solution are optimized for your environment. Ongoing support and managed service options do exist as well. Altron’s IDP solution empowers businesses to automate the extraction of critical information from a wide range of documents, including bank statements, invoices, regulatory documents and contracts, to name a few. This powerful solution utilizes cutting-edge artificial intelligence (AI) and machine learning (ML) technologies to: • Automate Data Extraction: Eliminate manual data entry and reduce the risk of human error by automatically extracting key information from documents. • Enhance Data Accuracy: Ensure data integrity and consistency with AI-powered data validation and cleansing mechanisms. • Unleash Data-Driven Insights: Transform unstructured data into structured, actionable information, enabling businesses to gain deeper insights and make informed decisions. Realize the Benefits of Intelligent Document Processing • Streamline Operations: Automate time-consuming manual processes, freeing up your team to focus on more strategic initiatives. • Enhance Data Quality: Improve data accuracy and consistency, leading to better decision-making and reduced costs. • Uncover Hidden Insights: Gain deeper insights from your data, enabling you to identify trends, optimize processes, and make informed decisions.