Category: Amazon Textract

In Part 1 of this series, we discussed intelligent document processing (IDP), and how IDP can accelerate claims processing use cases in the insurance industry. We discussed how we can use AWS AI services to accurately categorize claims documents along with supporting documents. We also discussed how to extract various types of documents in an […]

The goal of intelligent document processing (IDP) is to help your organization make faster and more accurate decisions by applying AI to process your paperwork. This two-part series highlights the AWS AI technologies that insurance companies can use to speed up their business processes. These AI technologies can be used across insurance use cases such […]

Intelligent document processing (IDP) has seen widespread adoption across enterprise and government organizations. Gartner estimates the IDP market will grow more than 100% year over year, and is projected to reach $4.8 billion in 2022. IDP helps transform structured, semi-structured, and unstructured data from a variety of document formats into actionable information. Processing unstructured data […]

Founded more than 91 years ago in Seattle, John L. Scott Real Estate’s core value is Living Life as a Contribution®. The firm helps homebuyers find and buy the home of their dreams, while also helping sellers move into the next chapter of their home ownership journey. John L. Scott currently operates over 100 offices […]

A massive amount of business documents are processed daily across industries. Many of these documents are paper-based, scanned into your system as images, or in an unstructured format like PDF. Each company may apply unique rules associated with its business background while processing these documents. How to extract information accurately and process them flexibly is […]

This post was co-written with Robert Berger and Adine Deford from InformedIQ. InformedIQ is the leader in AI-based software used by the nation’s largest financial institutions to automate loan processing verifications and consumer credit applications in real time per the lenders’ policies. They improve regulatory compliance, reduce cost, and increase accuracy by decreasing human error […]

Today, we’re excited to announce self-service quota management support for Amazon Textract via the AWS Service Quotas console, and higher default service quotas in select AWS Regions. Customers tell us they need quick turnaround times to process their requests for quota increases and visibility into their service quotas so they may continue to scale their […]

Organizations in the lending and mortgage industry process thousands of documents on a daily basis. From a new mortgage application to mortgage refinance, these business processes involve hundreds of documents per application. There is limited automation available today to process and extract information from all the documents, especially due to varying formats and layouts. Due […]

Amazon’s intelligent document processing (IDP) helps you speed up your business decision cycles and reduce costs. Across multiple industries, customers need to process millions of documents per year in the course of their business. For customers who process millions of documents, this is a critical aspect for the end-user experience and a top digital transformation […]

Organizations across industries such as healthcare, finance and lending, legal, retail, and manufacturing often have to deal with a lot of documents in their day-to-day business processes. These documents contain critical information that are key to making decisions on time in order to maintain the highest levels of customer satisfaction, faster customer onboarding, and lower […]