OpenText Information Extraction Service (IES) for SAP Solutions
A robust document capture solution to efficiently capture any type of incoming information, powered by a patent-pending machine learning algorithm to fully automate the process of capturing data.
Document Capture software features
Document Capture software benefits
Eliminates manual data entry
Reading and understanding documents is a science and an art. It starts with intelligent character recognition, formation of words, semantic analysis and geometry assessment. In many situations, even the best algorithm, only deliver certain probabilities for individual characters. It is the context that helps identify a word/item with high confidence. That is why OpenText Information Extraction Service (IES) for SAP Solutions was built based on a multiphase, intelligent approach. It classifies the document context, such as business partners and regions, and then uses this context to extract relevant information. In parallel, the OpenText patent pending machine learning algorithm helps increase the recognition rate with every run, leading to a fully automated process.
Employs innovative approach to machine learning
One of the most popular digitization scenarios is the automation of vendor invoices. Information Extraction Service for SAP Solutions (IES) includes a detailed knowledgebase based on thousands of invoices from 35+ countries, guaranteeing a high field and table recognition quality independent of the individual invoice layouts. As with any other document type, IES continuously learns how to better identify and distinguish fields, based on direct user feedback or corrections applied through an action in SAP. A patent pending intelligent voting algorithm decides whether the traditional knowledge base or the learned field is more appropriate, showing its full strength for completely unknown documents and document types. Typically, a few similar examples are sufficient to reach high recognition quality.
Uses an out of the box approach
Better data is a prerequisite for higher automation. Using supporting information, such as contract numbers, contact details or serial numbers of devices, allow the solution to fully automate matching with master data in SAP, routing exceptions to the right specialist or even answering questions. The ease of configuration revolutionizes these otherwise time-consuming manual tasks. Rather than entering data manually, a simple configuration defines the relevant fields and, once setup, the system begins learning from user and system feedback. This goes far beyond classical robotic process automation and directly integrates with the processes in OpenText Vendor Invoice Management and Business Center for SAP Solutions. As a result, processes run better and reports include more relevant information.
Works inside SAP
Business context is key for high quality information extraction. For example, knowing a business partner simplifies the extraction of address details, line items and header fields that are under control of the business partner. This deep SAP integration gives access to past transactions and adjacent information seamlessly. It allows the solution to maximize recognition rates and delivers superior results.
- Product overview: OpenText Information Extraction Service for SAP Solutions
- eBook: OpenText Information Extraction Service for SAP Solutions
- Effective capture is the first step in Digital Transformation