Author Archives: admin

Parascript Releases CheckXpert.AI 2.0, Bringing Deep Learning to Check Automation

Parascript, which provides document analysis software that processes over 100 billion documents each year, today announced the availability of CheckXpert.AI 2.0 that now includes the broadest range of data support for checks based on new machine learning algorithms. “CheckXpert.AI achieves better than human performance so banks and credit unions experience significantly less need for human […]

Parascript Rolls Out FieldXpert.AI for Enhanced RPA Handwriting Recognition

Parascript, which offers intelligent document processing and document analytics solutions, announced today its rollout of FieldXpert.AI, the newest product in its pre-tuned software suite focused on solving specific digital worker tasks. FieldXpert.AI combines the latest deep machine learning algorithms to supply high-performing, field-level recognition of handwriting without any need to configure or tune in Robotic Process […]

Zinnov Recognizes Parascript Machine Learning in Zinnov Zones for Intelligent Document Processing

Parascript—a developer of intelligent capture software, driven by data science that processes over 100 billion documents annually—announced today that Zinnov, a leading global management consulting, research and analytics firm, recognized Parascript’s machine learning software capabilities in its latest Zinnov Zones for Hyper Intelligent Automation (HIA) – 2020 Rating. Nischay Mittal, Principal and Global Head of RPA at Zinnov, […]

Rethinking the Value of Capture: Accessing AR/AP Data

Rethinking the value of capture means helping eliminate many manual document-handling tasks such as sorting documents and entering data. Document capture refers to more than converting paper documents to their digital versions. Today, advanced capture is about enabling straight through processing (STP) capabilities so that at key points in automated document processing, business systems gain […]

Handwriting Recognition & Data Capture: Three Reasons to Get a Handle on Handwritten Data

One roadblock on the journey to going paperless — which is often overlooked — is handwritten information. Traditional data capture systems work primarily with printed data and not so well with handwritten information. Elements like written comments, annotations and signatures fall mostly outside the scope of common capture scenarios as a result. “Data Capture” is […]

Intelligent Capture – What Gets Us Into Trouble… | OCR vs Data Science

With Intelligent Capture, Delivering on Customer Expectations… “It is not what we don’t know. It’s what we know for sure that just ain’t so.” Whether you attribute this quote to Mark Twain, Josh Billings or one of several others, the statement stands out as true in a wide range of topics and situations. Most recently, it […]

Fraud Prevention Not Just for Banks | State & Local Government

Fraud prevention is not just for banks. Most associate the issues of fraud with financial-oriented companies such as banks, credit agencies and other fiduciaries. After all, many of us have perpetual free credit alerts due to all the data breaches. Municipalities, state and local governments aren’t far behind on the list of targets for fraudsters. And […]

Technology Behind Straight Through Processing | How STP Works

Here is Part 6 of our STP series. The past five articles on STP have introduced: (1) the concept of attended and unattended automation; (2) why STP is important; (3)how to achieve high STP in document automation; (4) examples of what it looks like; and (5) how to accurately assess STP. Technical Side of STP: Confidence Scores and Thresholds Delving into the underlying […]

Rethinking Operations Under a “Black Swan” Event

While many industries such as travel are incurring significant unavoidable impacts to business where there are few options to minimize the adversity, many sectors are being handed a “natural proof-of-concept” regarding adoption of new technologies and processes in order to keep business humming. Just as major events such as 9/11 and the Fukushima Meltdown caused […]