Intelligent Document Recognition
Powered by Smart-Learning we extract information from any document from any source, including unstructured and structured forms. Intelligent Document Recognition (IDR) is a complex solution to accomplish diverse processing needs based on data use, form structure, data type, document classification, business rules workflows and application integration requirements. The Parascript IDR solution, considers business processes, content requirements, and output needs.
Our Parascript LLC developed IDR solution is comprised of four major functions Caputure, Classification, Recognition and Validation.
FormXtra.AI® Capture is a complete smart learning solution for document capture, classification and recognition that delivers critical information into business processes faster and more accurately for increased productivity and reduced costs. All modules are included—capture, classification, data extraction and validation—to reduce integration requirements and related complexities. Users realize significant savings during implementation, ongoing use, maintenance and upgrades. FormXtra.AI Capture is an enterprise-grade solution that is scalable to support medium and high-volume, complex processing needs for any size business.
FormXtra.AI SDK provides the core capture automation at some of the largest document automation implementations in the world. FormXtra.AI SDK processes high volumes of documents faster, using less people with fewer errors.
This high performance SDK incorporates Smart Learning, which automatically configures all classification and extraction rules and learns by itself to improve performance. In dynamic production environments, maintaining ongoing system performance is now straightforward since FormXtra.AI SDK adapts to changing streams of documents in the background while documents are processed. Parascript document automation solutions process more than 100 billion documents per year.
We help solve your business problems
WesTech also offers comprehensive solutions for check fraud detection, forms data extraction and signature verification. We feature industry leading data capture and recognition products from partners that lead the market for quality of their products and price performance.
Parascript products automate data-intensive image and document processing activities, enabling increased efficiency and productivity at reduced cost. Parascript software processes any document with any data from any source with its easy-to-use, scalable image-based analysis, classification, data location, and extraction technology.
Parascript has produced a suite of products which detects counterfeit documents, signature forgery, content alteration, duplicate presentment, CAR/LAR mismatch and payee match discrepancies. Reliable automation is key to mitigate losses, protect assets and improve customer service and loyalty.
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BUSINESS PROCESS OPTIMIZATION
Our goal is to remove the infrastructure expense and most time-consuming tasks of designing and creating the data extraction process. Thus, creating an opportunity for business that need small batch data extraction to take advantage of the solution capabilities without the big price tag, enabling reduced costs over manual data entry. We will process data extraction for a one- time solution or on periodic basis.