With all the hype around generative AI, it can sometimes be difficult to separate genuine value from noise. On LinkedIn I often see frustration expressed in comments like “GenAI can’t do maths”, “GenAI doesn’t understand this anatomy image”, or “GenAI is just a prediction engine”. These criticisms are not without merit, but they also miss… Read More »Process AI meets Document AI : New Abbyy Marketplace Asset
I recently had the pleasure of attending the ABBYY AI Summit in London, where I was fortunate to listen to and chat with a wide range of AI experts. Naturally, the focus was on Document AI and Process Intelligence AI, with one of the key topics being the role of AI within Intelligent Document Processing… Read More »Document AI Meets GenAI: Transforming Customer Enquiry Management
At Spectrum, we’ve carved out particular niches in delivering complex accounts payable solutions. We’ve achieved significant success in vertical markets such as distribution, including the food and clothing sectors. One of the key complexities in these industries is managing Units of Measure (UOM). Orders are often raised with quantities and prices that differ from what… Read More »Simplifying Accounts Payable: Tackling Unit of Measure Challenges in Distribution
In the past 12–18 months, there’s been an explosion in intelligent document processing (IDP) tools, each claiming to have the best model for capturing data from semi-structured documents, like invoices. Every tool is keen to assert its model is the strongest and most trainable. I’ve tested quite a few, and there are some excellent cloud-native… Read More »Navigating Complex Invoices: Advanced Techniques for Intelligent Document Processing
Recently, I’ve been bench testing our IDP tool of choice, ABBYY FlexiCapture/Vantage, against other competitor products. At Spectrum, we’re developing a cloud-native Accounts Payable Automation tool, and as the Product Owner, I wanted to ensure that we are using the optimal tool for extracting data from incoming invoices. Traditionally, we’ve used FlexiCapture, but with a… Read More »Optimising Invoice Data Extraction: Benchmarking ABBYY Vantage for Enhanced Touchless Processing
Following my earlier post on leveraging generative AI to convert informal order instructions into structured JSON, I’ve been developing a proof of concept with our IDP tool, Abbyy FlexiCapture. I’ve transformed an order that arrived in the body of an email, with the text extracted during an FlexiCapture workflow: “Can I order: Same red willington… Read More »Sequel to AI-Powered Order Structuring: Advancing to JSON Transformation
Having spent considerable time overseeing accounts payable automation projects firsthand, I possess a detailed understanding of the hurdles associated with aligning invoice line data with corresponding order and receipt line data. Among our ongoing developmental tasks, remains improving our ‘Assistive Matching’ service. This service’s primary objective is employing innovative methods to match line data effectively.… Read More »Crafting Efficiency: Unveiling the Power of Assistive Matching in Accounts Payable Automation
I’ve been notably absent from social media recently, owing to a shift in focus towards other pressing matters. The past month has been particularly demanding as we’ve rolled out new projects and concentrated on enhancing the efficacy of our existing solutions. A significant area of improvement has been in the realm of ‘Capture Automation Metrics’.… Read More »Elevating Automation: A Deep Dive into Capture Metrics and Proactive Solutions
As a pre-sales professional, part of my role is to assist our business development managers in selling our intelligent document processing and automation solutions to our diverse range of clients, both in the hardware and software sides of our business. This often requires me to be on the move, meeting clients who may be situated… Read More »How Many Cancellations Are Too Many: Navigating Client Meetings in the Pre-Sales Landscape
Our Head of Technology, Josh Powley, has being working on leveraging AI to convert unstructured data into structured data. He has recently made significant progress in addressing a challenge related to processing customer sales orders received as natural language emails. Typically, these orders pose difficulties for conventional intelligent document processing (IDP) tools, as comprehending and… Read More »Revolutionising Order Processing: Harnessing AI to Convert Natural Language Emails into Structured Transactions