KnowledgeLake delivers 'the future of Intelligent Document Processing'

Editorial Type: News Date: 2021-01-01 Views: 635 Tags: Document, AI, Software, Capture, RPA, KnowledgeLake, Huron
Update to cloud-native platform enables organisations to intelligently capture, classify and extract data from documents in high-volume environments

KnowledgeLake has announced the availability of the KnowledgeLake Huron Update, the newest release of the company's platform for automated, end-to-end intelligent document processing and management.

KnowledgeLake's platform manages and optimises the entire process of document capture, ingestion, classification, reviews & approvals, and lifecycle management. The improvements in the KnowledgeLake Huron Update enable enterprises to automatically and accurately move data between different business applications via integrated robotic process automation (RPA) tools, leverage artificial intelligence (AI) and machine learning (ML) to automatically recognize almost any type of incoming document, and improve visibility into document-centric processes via dashboards.

"Capturing, classifying, and processing documents shouldn’t be difficult, but the reality is that this is still a manual and painstaking endeavor for many enterprises. With the KnowledgeLake Huron Update, capture is more simple, intuitive, and touchless," said Ron Cameron, CEO of KnowledgeLake. "We believe KnowledgeLake is the only platform that delivers cloud-native, end-to-end capture and automation in a way that lets enterprises achieve unparalleled accuracy and consistency in complex, high-volume document processing."

The KnowledgeLake Huron Update uses the power of AI and ML to enable users to quickly and easily set up and manage document-centric tasks and workflows. Integration with existing workflow implementations allows tasks to be queued from within almost any application, making the KnowledgeLake platform a seamless complement to existing workflow investments. In addition, the latest edition of the platform includes advanced document separation capabilities. Users can automatically separate stacks or batches of documents (including multiple documents) in a single file to dramatically increase productivity and efficiency. The KnowledgeLake Huron Update also delivers significant improvements and enhancements in underlying capabilities such as text-based classification, signature detection, optical mark recognition, advance capture capabilities, RDA and RPA integration, and more.

"What we have done with this update is take the best of traditional capture solutions and combine them with leading-edge AI and RPA functionality," added Cameron. "But the exciting thing is that we’ve done this with a focus on simplifying the user experience. This makes Huron one of the most powerful and intelligent, yet easy to use, document processing platforms available today."