While organizations are striving to reduce or eliminate paper, they still must process thousands of paper-based documents every day. Manual sorting is time-consuming, expensive and subject to human error. In the past, so-called intelligent document recognition (IDR) systems have been extremely expensive to integrate, customize and maintain because they require specialized and costly professional services teams to design and develop complex templates and page recognition rules.
Unlike systems that use optical character recognition to “read” documents and complex rules that classify them, NovoDocufier is easy to train and runs extremely fast. It uses the NovoDynamics® Automated Classification Engine (ACE), which leverages machine learning and image analysis technology so non-technical end-users can easily train the application to recognize diverse document types and extract and capture mission-critical data. Documents can be classified in milliseconds, using standard computer hardware, and then routed to enterprise information management systems.