When picking a data extraction solution for your business, you should take into account that there are a lot of solutions available - each with their own set of features and capabilities. Therefore, it's smart to have a good overview of the needs and requirements for your specific situation so you are confident that data extraction solution you choose, delivers in regard to what your business needs. We recommended to have the following parameters in mind when making a purchasing decision: 1. Intelligent data capturing The data extraction tool must be able to extract data without losing information from [...]
As you can imagine, there are a lot of use cases in which automated data extraction can be beneficial. The word automated is key here, as already is proven that software can extract data in a better way than humans possibly ever can. Faster, more accurate and capable of providing the data immediately to one or more systems. Back to the use cases, here are some examples of how automated data extraction is being used already; Legal professionals extract clauses from contracts for review and or knowledge management purposes. Accounts payable extract data from invoices, to subsequently check and [...]
Automated data extraction is the process of transforming unstructured or semi-structured data into structured information, in an automated way. Structured data provides organizations and their teams with meaningful insights to be available for reporting, analytics, and other business activities.