Since up to about 80% of data in a company falls into the variable category this creates the need for large amounts of human interaction in processing these documents. Provides for the processing of variable type, unstructured documents.No code or low code platform which transforms the ability of companies to expand digital automation initiatives in order to make an immediate impact upon business processes.Provides a comprehensive platform of cognitive services and trained skills that use artificial intelligence in order to determine the meaning and extract data from documents in a human like manner.Weeks of training is eliminated by using ABBYY Vantage, along with the risks associated with training employees who then subsequently leave the company. Eliminate the need for a long development project in order to extract and process data.This brand new technology truly merits the term “game changing software” with its use of deep and rapid machine learning without templates while also providing continuous learning. Provides the newest level of high intelligence in data processing software.Vantage provides the absolute highest level of modern architecture. Users don’t have to be experts in the use of artificial intelligence, machine learning, or data extraction software in order to fully benefit from the powerful, intuitive features of Vantage. Vantage is very easy to use because it is a no code or low code application. Or you could purchase a skill for extracting data from a CMS 1500 form from an experienced technology vendor who best understands the complexity of this document. Watch for announcements from UFC regarding their release of new skills including one for the CMS 1500 and Automation Anywhere. You can create additional skills yourself or purchase one from a technology provider on the ABBYY Marketplace. For example, you can create a document skill for an invoice by collecting a set of example documents and then train the skill yourself. A common workflow example would be: Input – Classify – Extract – Condition – Review and/or Output. This combines the other skills together to create a complete path of the task of data extraction. This gets at the high strategic value of OCR technology – the ability to unlock meaning within a document. For example, an image only PDF would be converted to a text version which unlocks the ability to extract the meaning from the document. This applies AI-enabled OCR and machine learning in order to make documents readable for additional processing. This classification skill would match the invoice classification set to the invoice and the credit note to its credit note set. For example, a batch of documents could contain an invoice and a credit note. This skill is where Vantage determines which type of document belongs to a specific classification set. Document skills include invoices, purchase orders, bank statements, waybills, or any type of document for which samples are available in regularly expected formats. This is the skill where data extraction training is used to extract data from within documents. (Refer to the FAQ’s for a much more in depth explanation of skills and their four technical types.) Vantage comes ready to run with a set of core skills as follows. This new, comprehensive platform uses the term “skills” for three categories in the taxonomy of Vantage’s reasoning in order to provide a no code approach to enterprises desiring to use AI and machine learning technology without having to become experts in these technologies. Overview of ABBYY Vantage – A Cognitive Automation Service PlatformĪBBYY Vantage is a cognitive automation services platform that applies artificial intelligence technology in order to extract data from documents.
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