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Koncile
Overview :
Koncile Extract is an AI-powered Optical Character Recognition (OCR) technology that converts text in documents into editable and searchable data. By leveraging advanced computer vision and natural language processing techniques, it provides highly accurate text extraction services. Key advantages of Koncile Extract include high accuracy, easy customization, and the ability to handle complex documents. Background information indicates that Koncile aims to enhance data processing efficiency and reduce labor costs through its OCR technology. Regarding pricing and positioning, Koncile Extract offers customized solutions to meet the varied needs of businesses, with specific pricing subject to negotiation based on client requirements.
Target Users :
The target audience includes businesses and organizations, particularly financial, administrative, or data processing departments that handle large volumes of documents and data. Koncile Extract is suitable for them as it automates and accelerates document processing workflows, reduces manual intervention, and enhances data accuracy and work efficiency.
Use Cases
An international group automates its invoice verification process using Koncile Extract, saving significant time and resources.
A large law firm utilizes Koncile Extract to extract key information from case files, improving case handling efficiency.
A financial services company employs Koncile Extract to extract data from complex financial documents to support its risk management and compliance checks.
Features
- High accuracy text extraction: Achieving a 99% success rate for custom fields.
- Customized OCR solutions: Tailoring text extraction fields based on user requirements.
- Easy field definition and formatting: Quickly setting extraction rules using an intuitive interface.
- Supports multiple file formats: Including PDF, scanned documents, Word files, and more.
- Detailed data analysis: Providing strategic insights to optimize process performance.
- Easy integration: Seamlessly integrates into existing workflows via API.
- Supports line item extraction: Capable of detailing line items on invoices and quotes.
How to Use
1. Register and create a Koncile Extract account.
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2. Upload the documents from which you need to extract text.
3. Define extraction fields and rules to match specific document formats.
4. Use the Koncile Extract interface to test and adjust fields to ensure high accuracy.
5. Once set up, upload documents in bulk and initiate the automated extraction process.
6. The extracted data is displayed on the user interface, where it can be viewed, edited, and exported.
7. If needed, the extracted data can be integrated into other business systems via the API.
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