Have you ever asked yourself how much documents are costing your organization?
Before you start saying ‘my company has gone digital years ago!’, know that we’re not just talking about paper documents (though those are definitely part of the problem), but documents in the broadest sense of the word: e-mails, pdf files, word documents, contact forms, invoices, bills, ... and the list goes on!
Many thought “going digital” was going to be the final solution in efficient data management,and that might have been true in the early 00‘s. However, any scaling organization knows that managing growing digital dataflows can be a huge pain and, moreover, an ever-increasing drain on your most valuable resources: your people!
Depending on where you currently are on your growth cycle, a few of the following anecdotes should sound familiar:
My sales people are spending more and more time processing invoices and bills compared to actually talking to our clients.
Finding information in our cloud folders can be a pain, especially for new hires.
Unfortunately, we still need paper documents in our organization. We spend a lot of time scanning these documents or typing the information manually.
Managing our company mailbox has become a full-time job, though we spread the work because nobody likes doing it.
Our social media channels used to be a fun way to interact with our customers but now it’s a chore just to sort through all the messages.
Intelligent Document Processing
Fortunately, there are solutions to these problems! Which is probably why the Intelligent Document Processing (IDP) market is expected to grow at a compounded annual rate of 27-30%!
Unfortunately, these solutions are typically only built to solve one of these problems, aren’t user-friendly, require adapting to a new environment, only work in the cloud, etc.
And who can blame them? Processing documents requires lots of brainpower, which is why humans mostly still do it, even though the repetitive nature makes it feel beneath us. This level of intelligence has mostly been out of reach for our computers, even after the AI-hype of the last few years.
But things have changed in the past few months! Language processing AI’s have improved leaps and bounds thanks to some newly developed algorithms (for the geeks: we’re talking about those amazing transformer networks you might have heard about).
A few months isn’t a lot of time though, so you either get outdated software, or software designed by AI experts with very little usability in mind. It’s hard to pick a good IDP solution these days!
So, where does Klassif.ai come in?
We do have to apologize for our rudeness, because we haven’t even introduced ourselves! We are a brand new company called Klassif.ai, but really we’ve been around for a bit longer as part of Brainjar. Brainjar is an AI service company where the AI people are the minority. Why? Because we figured out quite early that good usability is just as important as good AI (but takes way more work and care!).
From now on, Klassif.ai has been cut loose. Which means we have our own dedicated team of developers who are very eager to show you what we’ve been working on the past few months. You can visit our website for a sneak peek... But stay tuned for more information on the new Klassif.ai in one of our follow-up blogs!
Be sure to subscribe to our webinar! In this webinar, we will show how we developed Klassif.ai and what you can use it for. We’ll even show you how the platform works with a demo!
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