AlgoDocs

Introduction to AlgoDocs

AlgoDocs is an AI-driven tool designed for Intelligent Document Processing (IDP). It utilizes advanced AI technology to automate document data capture, thereby minimizing the need for manual data entry. The tool is adept at handling various document types, including invoices, bank statements, receipts, HR forms, payrolls, sales and purchase orders, and price lists.

"Automate data extraction from your business documents with AI."

The platform supports data extraction from both PDFs and images, catering to a multitude of business requirements. AlgoDocs emphasizes on providing a combination of speedy, secure, and precise data extraction capabilities.

Features of AlgoDocs

• AI-based Intelligent Extraction: Capable of recognizing and extracting data from documents without relying on predefined templates or the need for extensive file labeling and training.
• Rule-based Extraction: Offers the flexibility to define custom rules for data extraction, suitable for simpler and more direct use cases.
• Data Enhancement: Allows the transformation of extracted data into the required structure and format for further use.
• Decision-making & Business Exceptions: Facilitates handling of exceptions and decision-making with instant notifications for any discrepancies in data.
• Multiple Data Export Options: Provides the capability to export extracted data in formats like XLS, CSV, JSON, or XML, and even direct exporting to databases or CRMs.

How AlgoDocs Empowers Businesses

AlgoDocs is endorsed by a diverse customer base for its capacity to handle complex document processing tasks. The platform’s powerful AI handwriting recognizer is particularly noteworthy as it:

"Converts handwritten text into machine-printed text with high accuracy."

• Average accuracy 97%: Illustrating the high level of precision achieved in data extraction, even from handwritten sources.
• Automatic form key-value pairs and table extraction: Eliminates the need for templates and pre-training of AI models, effectively capturing key-value pairs and tabular data automatically.

The system integrates seamlessly into a variety of workflows, with support for direct importing of files from different applications like email, Dropbox, and Google Drive, marking a comprehensive solution for document data extraction needs.