Automatically Capture, Classify and Extract Data from Business Documents
Automate the intake of business documents with Transact
Transact is an industry-leading intelligent document processing solution that automates the processing of documents that flow into your organization everyday. Transact supports a variety of use cases using advanced AI-powered OCR and supervised machine learning classification to quickly recognize and extract data from a variety of document types with as few as one sample. Powered by Semantik AI Engine, Transact can also extract data value pairs from unknown documents without configuration.
Cost Reduction
Accuracy
Faster Processing
Fast Deployment
Examples include:
Accounts payable and invoice processing
Records and forms digitization and data extraction
Customer onboarding, including capture and extraction of government issued IDs
Digital mailroom automation to capture, extract and deliver data to various departments
Loan and mortgage document processing – no need to pre-sort or use separator pages
Claims processing for forms and handwritten notes
Transcripts, admissions and student records
Do you have “unknown” document types? We have a solution for that, too.
Award-Winning Features Set Transact Apart
Universal Document Automation supports unknown document types out-of-the-box
Document Design Accelerator for even faster, easier set up
OCR, ICR, OMR and HWR all in one easy-to-use platform
Advanced handwriting (cursive and handprint) extraction with up to 88% character recognition
AI Table Rule Builder for quick line item extraction
AI-powered classification with operator calibration control
Multi-language support including: English, French, German, Spanish, Dutch, Swedish, Italian, Polish, Chinese and Thai
Cloud, hybrid and on-premises deployment options
Integration with workflow, RPA, iPaaS, ERP, BPM, LOS, EHR, CRM and ECM systems
Web Services, APIs and connector documentation for easy customization
Linux and Windows server support: flexible, scalable and fast deployment
Patented machine learning classification and extraction technology
Rapid ID capture capabilities with over 1,000 pre-trained forms of ID and passports
Advanced reporting to optimize system performance
Transact customers globally are processing documents 95% faster with 99.9% accuracy. Most documents flow through the system with no human interaction resulting in an average of 50 to 80% cost-savings when compared to manual document processing. Let us show you how Transact can transform your operations by automating your business document processing.
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