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Anything less than 100% accurate data means your data entry team has to review all documents and correct the inaccurate data, bringing 95% accuracy to a mere 50% efficiency gain.
100% document accuracy gives you the confidence to completely eliminate manual corrections on your part.
100% document accuracy means data received by the IDP user is 100% accurate and does not need any further review or correction.
You provide the input documents you need to extract and the data will be provided to you in a readily-usable format, 100% accurate.
100% document accuracy addresses a key aspect of customer experience. Whether it is invoice processing, mortgage approvals, or insurance claims, getting things right the first time is what transforms the customer experience.
It’s not just about getting the data right but about being able to know when we get it right and when we don’t. We achieve this through
Organizations frequently use Intelligent Document Processing (IDP) solutions to ensure data accuracy because it is important to make a decision. The IDP solution from Infrrd uses AI & ML technologies to precisely process documents as well as reduce the need for human intervention. Infrrd’s approach is called No Touch Processing (NTP) and leads to processing documents without any human intervention. It also minimizes the possibility of errors while accurate data is extracted & delivered.
AI accuracy refers to how well the system predicts or gives results. With Infrrd’s IDP solution and 100% document accuracy approach, it sets a high bar for data extraction from documents by guaranteeing accuracy & reliability. The ultimate goal of achieving this level of accuracy is to improve operational effectiveness & decision-making.
Yes, the IDP solution from Infrrd offers 100 percent accuracy. Data extracted from input documents is 100% accurate, and no extra human effort is required for review or correction.
Types of documents that can benefit from Infrrd's 100% Document Accuracy are processing invoices, mortgage approvals, insurance claims, or any other document process. It is mainly curated for businesses that are in search of improving customer experiences, minimizing errors, streamlining operations & processing time.
Infrrd’s 100% document accuracy provides great advantages for your data team as it reduces their workload and enhances efficiency. By extracting data from documents from the beginning, your team can avoid the time-consuming and monotonous task of reviewing & rectifying errors. This, in turn, enables them to concentrate on valuable activities such as data analysis and decision support. Moreover, the decrease in manual corrections results in processing times reduced costs, and increased customer satisfaction.
It is critical to establish error-free processes to ensure accurate data entry with no data entry errors. This entails double-checking data points for accuracy, reducing human error through training data entry, and utilizing automated solutions whenever possible. Monitoring a mistake rate on a regular basis, performing validation tests, and fostering a data-accuracy culture inside the organization are all important tactics for ensuring precise data entry.
Manual data entry accuracy varies but is frequently influenced by factors such as the level of detail, data value, and the diligence with which data entry work is completed. Manual entry, on average, is prone to errors, resulting in less accurate results. Achieving a high rate of proper data entry is primarily reliant on rigorous data processing and meticulous attention to detail to reduce the error rate.
Our solution excels at data extraction from handwriting. We've got proprietary methods and techniques that do the trick. It's pretty cool. See for yourself.
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