Understanding What is Document Parsing for Businesses
Businesses today are bombarded by massive amounts of unstructured documents like invoices, contracts, and financial reports. Manual data entry eats up time and leads to costly errors in nearly 50 percent of cases. That sounds like a nightmare for efficiency, right? With document parsing technology, the tables turn fast. This smart solution can cut document processing costs by up to 70 percent and even uncover insights you never knew were hidden in your files.