Kanverse.ai Introduces Next-Generation Cognitive Automation Platform and Launches Intelligent Document Processing Product (IDP)
Kanverse.ai, a cognitive automation company, has announced the global launch of the Datolite release of its patent-pending AI-powered Intelligent Document Processing Product for Enterprise.
Kanverse IDP is built on Kanverse Cognitive Automation platform. It combines AI with Optical Character Recognition (OCR), Business rule framework and Automation to provide an end-to-end product that digitizes document processing for enterprises from ingestion, classification, extraction, validation to filing. The entire process is powered by Computer vision, Natural Language Processing (NLP), Fuzzy Logic, and machine learning (ML) algorithms to make business processes more efficient and seamless, optimize cost, minimize human error and to mitigate risk.
"Kanverse was born out of the idea to fire up a digital revolution of sorts for enterprises by delivering innovative AI-driven automation capabilities. We wanted enterprises to think beyond digital transformation as a one-off mission. What we seek to achieve here is digital transformation through AI powered workflows across the Enterprise. Kanverse Cognitive Automation helps enterprises optimize cost of operations, accelerates agility and turbo charges productivity," said Karan Yaramada, CEO, Kanverse.ai, on the company's vision.
With Kanverse Datolite Release comes
Fellowes Brands went recently live with Kanverse IDP. Nanda Bolleddula, Director, Business Technology Solutions (News - Alert), Fellowes Brands, shares his experience on how Kanverse IDP has enabled a digital transformation, "Invoice processing has always been an exacting task for our Finance team, not to mention the sheer volume of invoices, the resources and time involved. Today with Kanverse IDP, and the unprecedented levels of automation it offers, we are not only digitizing this otherwise strenuous manual process but are able to achieve high levels of productivity. Kanverse has truly delivered on its promise of zero touch AP Invoice Automation."
Kanverse is a cognitive automation company. Kanverse.ai provides a suite of cloud-based AI-powered product offerings that can support various use cases across the enterprise to remove bottlenecks, streamline business processes, and minimize manual touchpoints across workflows. Learn more at: www.kanverse.ai
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