article thumbnail

How to Use AI in Bank Statement Processing

Nanonets

Adjustments Once the accounting team identifies and explains discrepancies, they make the necessary adjustments. Establish a structured adjustment process with thorough documentation. Establish a structured adjustment process with thorough documentation. Use accounting software with built-in tracking for all adjustments.

Process 52
article thumbnail

Best OCR Software of 2023

Nanonets

These tools can convert any scanned documents, PDFs or image types into xml , xlsx or csv files. Today, OCR software is used for automated data entry, pattern recognition,  text-to-speech services, indexing documents for search engines, cognitive computing, text mining, key data and machine translation among various other applications.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

How to OCR a PDF

Nanonets

  You can improve Tesseract's accuracy by preprocessing scans before running OCR — adjusting brightness or contrast, applying filters, upscaling images, and more. You can capture data in almost any format, including tables, text, JSON, or XML. You can export it as JSON, XML, orcustom formats.

AI 52
article thumbnail

What is Resume Parsing? The Complete Guide

Nanonets

xls), JSON, or XML. This knowledge helps in creating or adjusting parsing rules to capture the intricacies of each role more effectively. Customization is important, so opt for a parser that allows you to define and adjust parsing rules according to your industry, organization, and specific job requirements.

Rules 52
article thumbnail

What is Resume Parsing? The Complete Guide

Nanonets

xls), JSON, or XML. This knowledge helps in creating or adjusting parsing rules to capture the intricacies of each role more effectively. Customization is important, so opt for a parser that allows you to define and adjust parsing rules according to your industry, organization, and specific job requirements.

Rules 52
article thumbnail

What is an invoice reader and how to use it?

Nanonets

doc), HTML XML Data PDF EDI (EDIFACT) and CSV. The feature of continuous learning in AI systems allows the reading software to adjust to all formats of invoices and gives it a universality across the company’s platforms. Structured – The data is in structured form and may be as Spreadsheets (e.g.,

article thumbnail

How to Automate Insurance Claims Processing

Nanonets

Claim automation systems must comply with evolving regulations and require monitoring and adjustments.   Regulatory compliance Regulatory standards vary by region and change frequently. Adoption Overhauling your pre-existing system with automation isn’t a one-day job.