Automatically Pull Out Essential Data
Data extraction is a critical part of business process management and should be automatically extracted from forms, electronic documents and communications. It's not possible to have humans read and understand every bit of data coming into an organization. To keep up with this accelerating inbound information flood, extracted data can feed a workflow or populate a database.
Information extraction occurs after incoming communications (web, documents, forms, email) are captured and classified. The data mining process automatically extracts information from structured and unstructured machine-readable documents. Paper documents are scanned and converted to electronic documents via the use of built-in Optical Character Recognition (OCR). Key words (e.g. account number) and identification features can be pulled-out and reconciled with CRM and ERP systems.