When it all began
Efficiency through automation: an idea with a long history. Contrary to the common assumption that this is a new approach, automation has been around for many hundreds of years. During the Greek and Arabic periods (300 BC to 1200 AD), the first devices were invented to automate certain processes and tasks. As technological progress reached its peak during the Industrial Revolution, there were many innovations that began to impact on human labor by enabling more and more automation.
The same is for document processing – until the late 1880s, people stored their physical documents wherever they could. The problem was that paper was easily damaged by external conditions. Physical paperwork was also very time-consuming and harmful to the environment.
The paperless office
A major turning point came in the 1990s, when the “paperless office” became popular. With the invention of computers and other electronic devices, companies gradually digitized their physical documents and changed the way they were processed. A large amount of data could now be stored in a small amount of space. However, storing many documents also meant that it has become more complex to analyze everything and find the relevant information.
The power of AI
This is where AI comes in: in recent years, developments in AI have advanced dramatically, so there are now many opportunities for automation using AI. Focusing on document processing, AI analyzes documents within seconds and can handle large amounts of data. Companies can save a lot of time letting AI doing the routine work of processing all relevant documents. Furthermore, AI software can be trained to extract certain information from a document and present it in the desired form. This allows human workers to directly work with the relevant data, without the need to read through all documents themselves.
DocuParseGo – the tool of the future
In terms of invoice processing, DocuParseGo is the perfect solution for your small or medium sized enterprise (SMEs)! It doesn’t require deep technological knowledge and is easy to implement, automating the whole process around invoices. Using the power of AI, DocuParseGo is a tool of the future, allowing SMEs to benefit from the latest advances without having to invest a lot of time or money.
Right now, companies around the world are experimenting with AI tools and software to become more efficient and competitive. Surely the whole market will change and using DocuParseGo is a first step in the right direction to adapt to future market conditions.
