Automate and Simplify How You Extract and Verify Data

Data extraction is one of the most time-consuming tasks facing businesses in many industries today. Information arrives continuously from a wide range of channels in many different formats, from Word files and PDFs to paper documents scanned into digital formats. The time it takes to extract and verify data can be extensive. Processes may not always have the information necessary for work to proceed, and real-time visibility into progress becomes more challenging.

Manual data extraction is not only slow, but it’s susceptible to human error. A simple typo that switches a number or a character could cause confusion and problems downstream. It could also mean additional validation steps to weed out errors before they become an issue. However, this also means additional time and money spent on the seemingly simple data extraction task.

The Tungsten Automation Marketplace offers solutions to address these common challenges head on. Arondor is a Tungsten partner with over 20 years of software experience. They provide a solution in the Marketplace ideal for businesses requiring flexible yet lightweight solutions to extract and verify data for additional workflows. DOCCAP leverages Tungsten TotalAgility to provide a highly accessible means to reshape how you manage your data.

Simple, Web-Based Document Data Extraction

Powered by Tungsten TotalAgility and its robust document intelligence capabilities, DOCCAP is a web-based application designed to streamline many common data extraction tasks. These tasks, typically handled by a human reading the document and manually entering the information, can benefit immensely from lightweight automation. DOCCAP is easy to deploy because it requires no configuration; it’s ready to start accelerating the pace of your work right out of the box.

DOCCAP capably handles many types of documents, including several of the most common in these workflows. Some examples include extracting data from: 

• Insurance card details, such as policy numbers, the insured, and so on.
• Bank statements, transaction logs, and other account information.
• Utility bills, including energy consumed, energy price rates, or total costs.
• Identity documents, including dates of birth and addresses.

To use DOCCAP to access extracted information from such documents, users can upload to the web interface directly from their local device storage. An API is also available to facilitate higher-volume extraction at larger scales.

Users simply select the type of document classification to run, and DOCCAP produces extracted information from the most relevant fields. Users can then review and validate the extracted information, make necessary corrections, and export the data into XML, CSV or JSON.

How DOCCAP Benefits Your Business Operations

With DOCCAP, you can supply business processes with data on shorter timescales, fueling downstream operations sooner and boosting productivity. Work finishes faster when others don’t need to wait on the information necessary to take action or make decisions. DOCCAP minimizes the required human intervention in extraction to help capture those speed increases.

The manual validation interface ensures that humans remain in the loop, though, and that someone verifies the integrity of the data before it moves to the next stage. Even when using the ready-to-deploy API, humans retain the ultimate authority over the data that flows through your business. DOCCAP allows you to enjoy the benefits of basic document process automation with peace of mind and confidence.

Considering Potential Applications

How might a business leverage DOCCAP to transform previously lengthy extraction tasks?

Consider an insurance company preparing to issue a policy or validating a claim. The customer may present various documents containing information vital to the case management process. DOCCAP can streamline the extraction of the relevant fields from each document to save time for the caseworker.

Financial organizations like banks may also benefit from faster extraction when handling statements, loan applications, and other such documents. In AML and KYC scenarios, quickly extracting identity information can support more robust compliance. Likewise, even the public sector can benefit when handling ID documents and processing applications.

Innovate and Transform Work with Marketplace Solutions

DOCCAP is an excellent example of the versatile and ready-to-use solutions available on the Tungsten Marketplace for businesses. With a simple means to transform documents into actionable data locally or through an API, this accessible automation can save your business dozens of hours each week otherwise spent on manual data extraction. How might your teams benefit from such a change?

With the Tungsten Marketplace, you can find other solutions, such as DOCCAP, to help you extract and verify data or to bring rapidly deployable automation to other areas of your business. A broad mix of free and paid solutions for diverse industries offers exciting value. Learn more about DOCCAP now or visit the Marketplace to evaluate additional solutions.