Document Processing Using AI – Construction Company Case Study

Recent progress in document processing technology owes much to the integration of AI into document processing software. Previously, automating text extraction from documents required building templates, but this has been significantly streamlined with AI’s ability to autonomously identify document types and extract relevant text. For instance, it can accurately recognize an invoice and extract details like invoice number, amount due, and due date without prior training. This cloud-based software can manage a broader range of documents while notably decreasing the time needed for software training. Read how one of our clients uses AI technology to extract data from their documents.

CASE STUDY

OVERVIEW: Construction Company

APPROACH: Looking for the ability to automatically tag invoices with metadata so we can track payments by job number.

BENEFITS: 

• The AI Solution allows the documents to be automatically tagged with metadata in a digital portal awaiting approval. 
• Manual Labor was reduced by 40%.
• Not having to make templates.

 RESULTS:

• Employees can easily access the portal and authorize invoices without the need for manual data input.
• Employees are now able to focus on revenue generating tasks.
• Employees have become more efficient by using AI technology.

 HOW:  Contact CP Digital Office Solutions.                        

Learn how you can utilize AI in document processing!Check out this short video!