DOCUMENT-PROCESSING
DOCUMENT-PROCESSING
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July 22, 2021

Financial Statement Spreading — Everything You Need to Know

Financial statement spreading is a time-consuming, repetitive, and yet quite a fundamental process for banks on multiple fronts. In this article, we are going to expand on the meaning of the term, talk about what this process hopes to achieve, and how it helps in credit analysis.

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Hi, I’m Rushabh.
Each day, I speak to people who use our tool so I can learn to make it better. Extract a few PDF’s and let me know what you think.
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DATA-EXTRACTION
DATA-EXTRACTION
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June 23, 2021

Automated Data Extraction from Bills - How to Extract Data from Utility Bills with Docsumo

Read this blog to learn how you can automate data extraction from different bills. Irrespective of types, layout, and template, Docsumo helps you extract data from any utility bill.

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INVOICE-PROCESSING
INVOICE-PROCESSING
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June 18, 2021

How to Read an Invoice: Important Elements of Full-Cycle Accounts Payable Process

A quick guide to learn about importance of invoices and their crucial elements. Read this blog to get an insight into accounts payable automation with Docsumo.

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COMMERCIAL-REAL-ESTATE
COMMERCIAL-REAL-ESTATE
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June 18, 2021

Top 10 Financial Models for Commercial Real Estate Property Analysis

Learn about 10 best real estate financial models and Excel sheets. Use this blog as a great reference point for tips, tricks, and other topics related to creating financial models for real estate investments.

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SAAS
SAAS
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June 17, 2021

Does Your Business Need to Invest in Purchase Order System? Here’s What You Need to Know!

What is Purchase Order System? Read this blog to learn about PO system and benefits if you're looking to invest in an online purchase order system.

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DOCUMENT-PROCESSING
DOCUMENT-PROCESSING
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June 17, 2021

Introduction to Document Layout - Why OCR Solutions Need it?

What is document layout and what is its importance in data extraction technologies such as Optical Character Recognition. Read this blog to learn about document layout and how does it work.

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DATA-EXTRACTION
DATA-EXTRACTION
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June 14, 2021

What is Document Annotation? What is the Importance of Document Annotation?

In this blog, we talk about the definition of document layout and its importance in document processing. Read this blog to learn more about best practices for annotating documents.

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OCR
OCR
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June 14, 2021

Docsumo Answers Common FAQs about OCR Solutions

Read this blog to learn the definition of OCR, its accuracy rate and benefits, and answers to all the other frequently asked questions about optical character recognition(OCR).

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DOCUMENT-PROCESSING
DOCUMENT-PROCESSING
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June 14, 2021

How to use Purchase Order Automation to Streamline Your Business Operations with Docsumo

What is purchase order and how to automate purchase order for your business. Docsumo streamlines PO processing with automated data capture using Intelligent OCR technology.

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DOCUMENT-PROCESSING
DOCUMENT-PROCESSING
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June 10, 2021

A Practical Guide to Automated Form Processing

Different industries collect data using multiple forms for analysis. In this blog, we discuss how industries process these forms and suggest whether you should go for automated form processing or the manual method.

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DATA-EXTRACTION
DATA-EXTRACTION
|
June 10, 2021

What is Data Extraction? Here is What You Need to Know

Data extraction and processing is essential to a number of business, however a lot of them still process data manually. What is data extraction and how does it work, we discuss in this blog. Read more to learn which data extraction method to adopt - manual or automated.

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DATA-EXTRACTION
DATA-EXTRACTION
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June 9, 2021

‍How to Automate Payslip Data Extraction using Docsumo’s Intelligent OCR Engine

A quick introduction to payslips and step-by-step guide to automate payslip data extraction with Docsumo.

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DATA-EXTRACTION
DATA-EXTRACTION
|
June 9, 2021

Should You Go for Automated or Manual Data Entry? Here’s Your Answer

Cost and efficiency of manual vs automated data entry. In this blog, we discuss how automated data entry fairs against manual data entry.

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DATA-EXTRACTION
DATA-EXTRACTION
|
June 9, 2021

Definition of Form 10q - How to Automate Data Extraction from 10q Forms using Docsumo

10q forms are unaudited reports which compare the financial statements of the previous years with the organization’s current ones on a quarterly basis. Learn more about 10q forms in this blog and how to automate data extraction from them.

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DOCUMENT-PROCESSING
DOCUMENT-PROCESSING
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June 4, 2021

How to train a New Document using Docsumo

In this blog, we discuss step-by-step process to train Docsumo API for a new document type. Document is an AI software that automates document data capture & analytics.

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DOCUMENT-PROCESSING
DOCUMENT-PROCESSING
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June 4, 2021

How to Digitize Paperwork & Establish Paperless Processing at the Workplace

Post-COVID19, the business world is rapidly moving towards paperless processing at the workplace. What are the factors that fuel this change and on what scale this change is happening, we discuss in this blog.

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DOCUMENT-PROCESSING
DOCUMENT-PROCESSING
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June 2, 2021

Insurance Form Automation: All you need to know about ACORD 26

A quick guide to Acord 26 and its importance. In this blog, we answer why companies are automating data extraction for Acord 26 form processing.

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OCR
OCR
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June 2, 2021

Introducing Screenshot Reader by Docsumo

Ever wanted to take screenshots of your favourite websites, shipping labels, video thumbnails, etc., and convert them to text? With Docsumo's Screenshot Reader you now can and all it takes are a few clicks!

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RPA
RPA
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July 21, 2021

Robotic Process Automation (RPA) in the Finance and Accounting Industry and Latest Trends

RPA solutions make it convenient for bank employees to process enormous volumes of customer data without sacrificing accuracy or precision. RPA has also introduced recent innovations which make it possible for firms to process transactions seamlessly. 

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DOCUMENT-PROCESSING
DOCUMENT-PROCESSING
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July 21, 2021

Benefits of Loan Processing Automation with Docsumo and How it Works

Financial institutions and NBFCs are always looking to diversify their investment portfolio, enhance customer experiences, and scale up by generating enough profits. They can meet these milestones by using Robotic Process Automation (RPA) and other automation technologies for loan processing.

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DOCUMENT-PROCESSING
DOCUMENT-PROCESSING
|
July 15, 2021

How to Choose a Bank Statement Analysis Software

Bank statement analysis involves summarizing cash inflows and outflows from statements and providing an overview of financial health of individuals. In this post, we’ll discuss why corporations require bank statement analysis and what to look for when choosing these software solutions.

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DOCUMENT-PROCESSING
DOCUMENT-PROCESSING
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July 15, 2021

Complete Guide to Automated Bank Statement Processing and its Benefits

Bank statement processing helps in digitizing financial statements so that they are managed easily and customers don’t have to worry about losing or missing out on getting data. Bank statement processing automation is also used for account reconciliations and these statements are used for mapping out differences between cash books and pass books. 

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DATA-EXTRACTION
DATA-EXTRACTION
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July 15, 2021

What is Bank Extract?

Bank statement processing software is used by major organizations to verify client profiles and streamline customer onboarding processes. In this post, we’ll discuss what bank extracts are, how they differ from bank statements, and which industries require them. 

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OCR
OCR
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July 15, 2021

Automating Data Extraction form Bank statements using OCR technology

Optical Character Recognition (OCR) helps extract data from pdf/images to convert paper-based documents and pdf documents to Excel, CSV, and other formats. OCR allows banks to quickly scan customer data from PDF documents, convert, and make them searchable with efficient document processing, thus accelerating the rate of approvals for loans and new account applications.

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DOCUMENT-PROCESSING
DOCUMENT-PROCESSING
|
July 15, 2021

Introduction to Bank Statements - Importance, Requirements, and Benefits

Bank statements are generated by banks to deliver customers records of their overall financials. There are several good reasons to review your bank statements weekly but the biggest reason customers check their bank statements is to prevent fraudulent activities and ensure they don’t end up paying exorbitant banking fees for account maintenance.

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DOCUMENT-PROCESSING
DOCUMENT-PROCESSING
|
July 15, 2021

An Introduction to Financial Account Statements and different types

Account statements are records maintained by businesses to give an overview of their financial performance. There are various types of account statements which are important for every company and we will be providing an overview of what to look for when processing data from them.

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DOCUMENT-PROCESSING
DOCUMENT-PROCESSING
|
July 13, 2021

Claims Automation : All You need to know about Insurance Claims Processing Automation

Streamlining mundane and repetitive tasks is becoming imperative for claims processing automation to provide an excellent customer experience. In this post, we will cover the steps involved with claims processing along with an overview of the latest claim insurance automation trends.

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DOCUMENT-PROCESSING
DOCUMENT-PROCESSING
|
July 13, 2021

How to read Barcodes and what are the best technologies to use

Most barcodes and QR codes are in a scannable format which means they’re easy to read off paper or physical products. But the challenge arises when you’re trying to read these codes from scanned documents since PDFs are not presented in image formats. In this article, we’re going to cover how to read a barcode without a scanner, uses of barcodes, difference between barcodes and QR codes, and more below.

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DATA-EXTRACTION
DATA-EXTRACTION
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July 13, 2021

Introduction to Data Parsing : Definition, Overview, and Scope of Data Parsing

Read this blog to learn what does data parsing mean and what exactly data parsers do? Learn about importance of data parsing algorithms in whole automated data extraction process.

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DOCUMENT-PROCESSING
DOCUMENT-PROCESSING
|
July 13, 2021

How to automate mortgage loan processing by automating data extraction for income verification documents

Importance and benefits of income document data extraction in BFSI industry. Learn how you can automate data extraction from income verification documents with Docsumo.

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SAAS
SAAS
|
June 30, 2021

Update: Docsumo gets SOC-2 certified - Here’s what you need to know!

We are happy to report that we’ve successfully completed our SOC-2 Type-1 audit, and that Docsumo is now SOC-2 Certified. Getting certified also means you can trust us with your data and there is no need to conduct independent audits when using our services.

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DATA-EXTRACTION
DATA-EXTRACTION
|
June 25, 2021

5 Best Purchase Order Data Extraction Software for Automation

Take a look at top 5 best purchase order data extraction software available in 2021. The comparison is based on accuracy, efficiency, customer satisfaction, and pricing to help you choose the best invoice automation software for your business.

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DOCUMENT-PROCESSING
DOCUMENT-PROCESSING
|
June 25, 2021

Why your Business needs a Financial Statements Automation Software

Does your business need a financial statements automation software? Read this blog to learn how to automate data extraction from financial statements.

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DATA-EXTRACTION
DATA-EXTRACTION
|
June 25, 2021

Data Extraction from a 10-K Form-Key Aspects, Trends and Developments

SEC Form 10-K is an unaudited report which compare the financial statements of the previous years with the organization’s current ones. Learn more about 10-K forms in this blog and how to automate data extraction from them.

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DOCUMENT-PROCESSING
DOCUMENT-PROCESSING
|
June 23, 2021

Why use Automation Software for Document Processing in Logistics

A quick introduction to supply chain and logistics document processing. Read this blog to learn how Docsumo can help you automate data extraction from different documents types commonly used in logistics industry.

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DATA-EXTRACTION
DATA-EXTRACTION
|
June 23, 2021

Automated Data Extraction from Bills - How to Extract Data from Utility Bills with Docsumo

Read this blog to learn how you can automate data extraction from different bills. Irrespective of types, layout, and template, Docsumo helps you extract data from any utility bill.

Read More
INVOICE-PROCESSING
INVOICE-PROCESSING
|
June 18, 2021

How to Read an Invoice: Important Elements of Full-Cycle Accounts Payable Process

A quick guide to learn about importance of invoices and their crucial elements. Read this blog to get an insight into accounts payable automation with Docsumo.

Read More
COMMERCIAL-REAL-ESTATE
COMMERCIAL-REAL-ESTATE
|
June 18, 2021

Top 10 Financial Models for Commercial Real Estate Property Analysis

Learn about 10 best real estate financial models and Excel sheets. Use this blog as a great reference point for tips, tricks, and other topics related to creating financial models for real estate investments.

Read More
SAAS
SAAS
|
June 17, 2021

Does Your Business Need to Invest in Purchase Order System? Here’s What You Need to Know!

What is Purchase Order System? Read this blog to learn about PO system and benefits if you're looking to invest in an online purchase order system.

Read More
DOCUMENT-PROCESSING
DOCUMENT-PROCESSING
|
June 17, 2021

Introduction to Document Layout - Why OCR Solutions Need it?

What is document layout and what is its importance in data extraction technologies such as Optical Character Recognition. Read this blog to learn about document layout and how does it work.

Read More
DATA-EXTRACTION
DATA-EXTRACTION
|
June 14, 2021

What is Document Annotation? What is the Importance of Document Annotation?

In this blog, we talk about the definition of document layout and its importance in document processing. Read this blog to learn more about best practices for annotating documents.

Read More
OCR
OCR
|
June 14, 2021

Docsumo Answers Common FAQs about OCR Solutions

Read this blog to learn the definition of OCR, its accuracy rate and benefits, and answers to all the other frequently asked questions about optical character recognition(OCR).

Read More
DOCUMENT-PROCESSING
DOCUMENT-PROCESSING
|
June 14, 2021

How to use Purchase Order Automation to Streamline Your Business Operations with Docsumo

What is purchase order and how to automate purchase order for your business. Docsumo streamlines PO processing with automated data capture using Intelligent OCR technology.

Read More
DOCUMENT-PROCESSING
DOCUMENT-PROCESSING
|
June 10, 2021

A Practical Guide to Automated Form Processing

Different industries collect data using multiple forms for analysis. In this blog, we discuss how industries process these forms and suggest whether you should go for automated form processing or the manual method.

Read More
DATA-EXTRACTION
DATA-EXTRACTION
|
June 10, 2021

What is Data Extraction? Here is What You Need to Know

Data extraction and processing is essential to a number of business, however a lot of them still process data manually. What is data extraction and how does it work, we discuss in this blog. Read more to learn which data extraction method to adopt - manual or automated.

Read More
DATA-EXTRACTION
DATA-EXTRACTION
|
June 9, 2021

‍How to Automate Payslip Data Extraction using Docsumo’s Intelligent OCR Engine

A quick introduction to payslips and step-by-step guide to automate payslip data extraction with Docsumo.

Read More
DATA-EXTRACTION
DATA-EXTRACTION
|
June 9, 2021

Should You Go for Automated or Manual Data Entry? Here’s Your Answer

Cost and efficiency of manual vs automated data entry. In this blog, we discuss how automated data entry fairs against manual data entry.

Read More
DATA-EXTRACTION
DATA-EXTRACTION
|
June 9, 2021

Definition of Form 10q - How to Automate Data Extraction from 10q Forms using Docsumo

10q forms are unaudited reports which compare the financial statements of the previous years with the organization’s current ones on a quarterly basis. Learn more about 10q forms in this blog and how to automate data extraction from them.

Read More
Hi, I’m Rushabh.
Each day, I speak to people who use our tool so I can learn to make it better. Extract a few PDF’s and let me know what you think.
Let’s see how Docsumo extracts data for you.
Contact Us
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