Articles and updates on receipt and invoice extraction, data processing and automation.
How to bill retainage on an AIA G702 and G703 pay application: where retainage goes in columns G and I, the 5 or 10 percent math, stored materials, and the final release.
Read articleOCR for contract management reads your scanned and PDF agreements, pulls the parties, dates, renewal terms, and payment clauses, and turns a static contract into searchable, structured data. Here is how it works, what accuracy to expect, and how to choose software.
Read articleA practical guide to batch OCR: how to read and extract data from thousands of documents in one automated job, handle mixed types, keep accuracy high at volume, and what it costs.
Read articleIBM Datacap is an enterprise document capture platform inside IBM Cloud Pak for Business Automation that classifies and extracts data and feeds it into IBM FileNet. Here is what it is, what it does, how it works, how it is priced, how it relates to FileNet, and when teams pick a ready-to-use alternative.
Read articleHow to fill out an AIA G702 and G703 pay application step by step: the schedule of values, columns A to I, retainage, stored materials, and the math explained.
Read articleInfrrd is a San Jose intelligent document processing platform that sells a managed, performance-based accuracy model to mortgage, insurance, and financial-services teams. Here is what it is, who owns it, what it does, how it works, how it is priced, and when teams pick a ready-to-use alternative.
Read articleParascript is a Boulder, Colorado recognition company that packages handwriting, signature, and check recognition as AI-powered SDKs and the FormXtra.AI platform. Here is what it is, who makes it, what it does, how it is priced, and when teams pick a ready-to-use alternative.
Read articleGrooper, built by BIS, is a configurable AI document-processing platform that captures, classifies, and extracts data from documents. Here is what it is, who it is for, how it is deployed, what it costs, and when teams pick a ready-to-use alternative.
Read articleThe AIA G702 is the cover sheet that shows what you are owed this draw; the G703 is the continuation sheet that proves it line by line off the schedule of values. Here is how the two forms differ, how the G703 totals feed the G702, how retainage and stored materials work, and how to get the data into Excel.
Read articleExtract structured fields from KYC documents (IDs, proof of address, incorporation papers) and automate KYC data entry so onboarding moves faster and cleaner.
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