Nanonets

SEPTEMBER 23, 2024

Manual data entry is time-consuming and prone to errors, especially as transaction volumes grow. They excel in handling large volumes of data across multiple accounts, making them highly scalable for growing businesses.  Spreadsheets struggle with scalability, often becoming sluggish with large datasets.

Payment APIs and Integration 52

Payment APIs and Integration AI Audit Non-Bank 52

The Fintech Times

JULY 24, 2024

Even since the introduction of FedNow, it seems its popularity has only grown – as it hit new quarterly high values and volumes. Up to this point, US financial institutions have relied on The Clearing House ‘s (TCH) Real-Time Payments Network (RTP), run by big banks. It’s a tough choice.

FedNow 59

FedNow Instant Payments RTP Federal Reserve 59

Nanonets

MARCH 21, 2024

Converting large volumes of scanned files can also be tedious, as each document needs to be processed individually. JSON, XML, CSV) for further editing or integration with other systems One of Nanonets's standout features is its scalability. It can handle high volumes of documents, processing thousands of pages per hour.

XML 52

XML Origination Privacy AI 52

Nanonets

NOVEMBER 10, 2024

Exports to multiple formats (Excel, CSV, JSON, XML) 7. Higher tiers available based on volume needs. It reduces manual data entry through its deep learning models and advanced OCR technology, making it particularly effective for high-volume, accuracy-critical operations. Supports table extraction and formatting 4.

Automation 52

Automation AI Volume Rules 52

Nanonets

JUNE 3, 2024

Data extraction can refer to scraping information from web pages or emails but includes any other type of text-based file such as spreadsheets (Excel), documents (Word), XML , PDFs, etc. Nanonets' intelligent document processing platform can reduce expenses by 50% and processing times by 90%.

AI 40

AI Process Automation XML 40

Nanonets

OCTOBER 16, 2024

Structured data output (JSON, XML, CSV, etc.) The one-stop solution which delivers all necessary features, if you’re dealing with large volumes, is IDE. Data Export: Once the data has been accurately identified, extracted and verified, processed information is exported in the required format.

Automation 52

Automation Compliance Process Legal 52

Nanonets

FEBRUARY 15, 2024

You can capture data in almost any format, including tables, text, JSON, or XML. You can export it as JSON, XML, orcustom formats. It can process thousands of pages per hour, ensuring that no matter the volume, your files get processed almost instantly. Once configured, upload your PDF documents that need to be OCR-ed.

AI 52

AI XML Process Automation 52

Nanonets

MAY 7, 2024

Step 4: Format the data structure Finally, the data extracted from a website may be in different formats, like Excel , text, or even XML. Deciding which one is crucial to ensure that you get accurate data from this process. Converting this unstructured data into a structured format and uploading it to the CRM is the last step in this process.

Database 52

Database Automation CRM Use Case 52

Nanonets

FEBRUARY 8, 2024

Additionally, most online OCR converters have file size and monthly page limits that can quickly get exhausted when processing large volumes of documents. The platform understands resume layouts and extracts accurate data fields, enabling fast processing of high volumes of documents with minimal manual work.

Automation 52

Automation Process AI XML 52

Nanonets

FEBRUARY 19, 2024

Many firms may have large volumes of files to process and analyze, which could take typical human days or weeks to complete, delaying the entire workflow. These tools can convert any scanned documents, PDFs or image types into xml , xlsx, or csv files. This approach is subject to mistakes and unreliable due to human error.

Automation 52

Automation API Use Case AI 52

Nanonets

FEBRUARY 7, 2024

OCR technology is particularly useful in healthcare and medical establishments, where there is a high volume of paper-based documents that need to be digitized and stored in electronic health records (EHRs). These tools can convert any scanned documents, PDFs or image types into xml , xlsx, or csv files. Check out Nanonets in action!

Automation 52

Automation API Use Case AI 52

Nanonets

MAY 10, 2024

Step 4: Format the data structure Finally, the data extracted from a website may be in different formats, like Excel , text , or even XML. Deciding which one is crucial to ensure that you get accurate data from this process. Many advanced data scraping tools, like Nanonets, can automate this entire process for you.

Research 52

Research Use Case Automation Legal 52

Nanonets

SEPTEMBER 25, 2024

of Americans held transaction accounts , generating an unprecedented volume of financial data. AI in bank statement processing  Artificial Intelligence (AI) has transformed bank statement processing, making it faster, more accurate, and capable of handling large data volumes. In 2022, a staggering 98.6%

AI 52

AI Process Best Practices Reconciliation 52

Nanonets

FEBRUARY 28, 2024

These tools can convert any scanned documents, PDFs or image types into xml , xlsx, or csv files. Kofax Omnipage Omnipage is a powerful PDF OCR software that can handle automation for high-volume corporate OCR tasks. Introduction to Nanonets How does Nanonets stand apart as an OCR software? Check out Nanonets in action!

Automation 52

Automation API Use Case AI 52

Nanonets

JANUARY 7, 2024

xls), JSON, or XML. Scalability: As the volume of job applications increases, resume parsing becomes increasingly valuable. Scalability is another vital consideration, especially if your recruitment process involves a high volume of resumes. The output would be Excel (.xls),

Rules 52

Rules Database Adjustments Process 52

Nanonets

NOVEMBER 19, 2024

Here’s what you might want to consider before committing: Pricing challenges: Sensible’s pricing structure can feel steep, especially for businesses with irregular or low-volume document processing needs. Tool Main Feature Best Suited For G2 Rating 1 Sensible Template or LLM-based data extraction Developers, technical teams 4.0

Process 52

Process Automation AI Non-Bank 52

Nanonets

FEBRUARY 26, 2024

This is particularly beneficial when large volumes of documents, such as invoices or receipts, must be handled promptly. Custom Plan: Designed for high-volume users with 25,000 or more documents per month, this plan offers volume discounts and requires contacting the sales team for pricing details. Users are billed at $0.08

Accounts 52

Accounts Payment APIs and Integration Automation Multi-Currency 52

Nanonets

SEPTEMBER 12, 2023

Scalability: Nanonets is a scalable solution that can handle large volumes of documents and data, making it suitable for businesses of all sizes. Custom Plan: Designed for high-volume users with 25,000 or more documents per month, this plan offers volume discounts and requires contacting the sales team for pricing details.

Automation 52

Automation Payment APIs and Integration Process AI 52

Nanonets

JANUARY 7, 2024

xls), JSON, or XML. Scalability: As the volume of job applications increases, resume parsing becomes increasingly valuable. Scalability is another vital consideration, especially if your recruitment process involves a high volume of resumes. The output would be Excel (.xls),

Rules 52

Rules Automation Database Process 52

Nanonets

MARCH 20, 2023

Automated accounts payable software can efficiently manage large volumes of financial transactions between a company and its suppliers, while also automating ancillary activities such as approvals and payments. Accurate data capture A company may invoice invoices in various formats - paper, pdf, xml , etc.

Accounts 52

Accounts Payment APIs and Integration Multi-Currency Automation 52

Nanonets

MAY 14, 2024

Using the Get Data method The 'Get Data' feature is an MS Excel feature introduced in Excel 2016 that allows you to import data from various sources, including other Excel files, PDFs, JSON, XML, SQL databases, and more.  

Origination 52

Origination Automation Process Database 52

Nanonets

JUNE 7, 2023

Want to scrape data from PDF documents, convert PDF to XML or automate table extraction ? Robotic Process Automation: Robotic process automation (RPA) is software used to complete repetitive, high-volume tasks that follow specific rules. Consider factors such as process complexity, volume, and potential ROI.

Automation 52

Automation Process Checks Product 52

Nanonets

APRIL 3, 2023

Limited scalability : Manual data entry is not scalable, and businesses may struggle to keep up with increasing volumes of forms. OCR technology can handle large volumes of forms efficiently, making it a scalable solution. OCR technology can reduce the cost and time required for data entry.

Automation 52

Automation Process Database Legal 52

Nanonets

AUGUST 8, 2023

Source: TechTarget But with the increasing complexity and volume of business processes, the need for automation in BPO has become more apparent. Automate data extraction and population into various formats, such as CSV, JSON, and XML, making it easy to use and analyze the data.

Automation 52

Automation Payroll Bots Payment APIs and Integration 52

Nanonets

MARCH 14, 2024

How manual 2-way matching works Manual 2-way matching is typically favored only by businesses with very low transaction volumes or those with specific requirements necessitating human oversight. Cost Savings: By avoiding overpayments and resolving discrepancies efficiently, companies can save significant costs in the long run.

Payment APIs and Integration 52

Payment APIs and Integration Automation Correspondent Checks 52

Nanonets

MAY 17, 2024

Data extraction can refer to scraping information from web pages or emails but includes any other type of text-based file such as spreadsheets (Excel), documents (Word), XML , PDFs, etc. Best for: data extraction from documents, invoices , PDFs & images.

Automation 52

Automation Database Process API 52

Nanonets

APRIL 16, 2023

MS-Excel files), structured XML documents from Electronic Data Interchange (EDI), PDFs and image files, and sometimes as hard copy documents. MS-Word documents), data entry files (e.g., The unification of all these documents is time-consuming and error-prone when performed manually.

Automation 52

Automation AI Duplicate Accounts 52

Nanonets

NOVEMBER 23, 2024

Export options: Integrates with CRMs, WMS, databases, or exports as XLS/CSV/XML. Scalable platform: Handles large volumes of documents efficiently, suitable for businesses of all sizes. Fast processing: Reduces time per page from minutes to seconds. Cost savings: Cuts 30%+ on manual processing costs.

Multi-Currency 52

Multi-Currency API Automation AI 52