The Artificial Intelligence is invading step by step in our lives. It is expected to be the breakthrough in the digital world in the future. Innovations around artificial intelligence are expected to have a major impact on e-commerce. We can see how it also intervenes in other areas such as the business world.
The experts of the digital world have no doubt that artificial intelligence will be the great tool of the future. Faced with the massiveness of transactions and management that occur on the Internet, users need a quality service that adapts to their increasingly changing and specific needs. Especially n companies, the need for digitalization is necessary.
This is where Google presents its Document Understanding AI. Google is aware of the great change that companies have to make in their processes because of the inevitable need for digitalization. At this key moment artificial intelligence will play a decisive role for companies.
It is not only enough to digitalize documents, but it is also necessary that valuable and useful information for the company can be extracted from them. Digitalization also serves to give agility and lightness in the processes, establishing an adequate structure for the information to flow. Thanks to the artificial intelligence used in Google Cloud’s Document Understanding, this can be possible.
This digitalization and data use can be very costly if done manually and would require special attention and effort to identify duplications and possible errors. Moreover, the need to cross-reference data from different sources would make this workload enormous and the results may not be as expected.
With the artificial intelligence of Google’s Document Understanding system, the process of digitalizing a company’s documents will be facilitated. In addition, the AI organizes documents more efficiently and identifies and interprets the scanned documents.
Google revolutionizes document digitalization by applying AI
Thanks to artificial intelligence it is possible to program analytical and data collection processes that could otherwise be costly or time-consuming. AI enables to program processes that can be seen as relevant and are fundamental for decision making within a company.
This Document Understanding AI system enables companies to get the information they need quickly and efficiently. Artificial intelligence processes the information contained in the digitalized documents and makes quickly it available to the user
With this system we do not only have the information unified in a single cloud, but we also have a structured database with an artificial intelligence that performs analysis and information gathering of tasks and understands the most efficient way to do so.
Used Google’s AI document understanding relieve companies processes
It also facilitates the integration of the data into the enterprise applications themselves. The artificial intelligence of Google Cloud’s Document Understanding system provides the necessary interface for the mutual data dump. Accurate information is thus achieved almost instantaneously.
It should be noted that for the artificial intelligence to perform this task it is not necessary to digitalize documents, but it would enable to capture data from a physical document to provide the necessary data. All this in a direct way without the need for digitalization.
In the future we will for sure have companies operating without any kind of physical document. Google’s idea is that all the necessary information will be collected in the cloud and from there artificial intelligence will extract important analyses for business decisions. The interpretation of documents by AI is a breakthrough in business management.
But AI is not only designed to perform analytical tasks, but it will also be able to help with document tasks such as issuing invoices or reviewing contracts. Google’s Document Understanding AI can answer our questions about the contracts entered into and can indicate which clauses apply.
It is proved that the development of artificial intelligence will change our lives. The real question is whether we will be able to adapt to this innovation. Implementing an AI that interprets documents and provides us with valuable information for decision making requires a great initial integration effort.
There is no doubt that Document Understanding AI will facilitate the processes of our companies and we will achieve results at no great cost. In the future, as now, information will be important, and obtaining it quickly and efficiently will also be important. Making decisions will not cost as much because we will have a more complete, structured and transversal vision. All this thanks to artificial intelligence.
