Recently, the financial back office has been abuzz with the promises of AI. From automating tedious tasks to providing unprecedented insights, the hype suggests a future where AI handles everything seamlessly. But what’s the real story? While AI undoubtedly...
The financial back office has undergone numerous upgrades in recent years, thanks to rapid advancements in AI. Emerging trends continue to assist in revolutionizing parts of the financial back office, such as accounts payable, finance, supply chain management, and...
Optical Character Recognition (OCR) has been a valuable tool for businesses for decades, enabling them to extract text from images and documents. However, while OCR can be a powerful asset, it’s crucial to recognize its limitations and understand that it’s often not...
What Are the Benefits of Contextualizing OCR Data? Optical Character Recognition is a technology that makes increased efficiency and productivity possible. By converting scanned images and printed text into editable digital files, OCR has revolutionized the way we...
The sheer volume of information generated by back-office operations can be overwhelming, especially as organizations grow. From financial transactions to procurement processes, organizations are inundated with a vast amount of data. However, without proper context,...
