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How does our document AI platform optimise inventory management?
Inventory management is crucial for maintaining optimal stock levels and ensuring supply chain efficiency. Our Artificial Intelligence (AI) Optical Character Recognition (OCR) technology can transform inventory management by automating the extraction of data from invoices, purchase orders, and inventory reports. AI OCR allows for the accurate capture of information related to product quantities, descriptions, pricing, and supplier details. This automation reduces the time required for data entry, minimises errors, and ensures that inventory records are up-to-date. By integrating our document automation solution with existing inventory management systems, businesses can achieve better stock control, more accurate forecasting, and enhanced decision-making capabilities.
Consider a retail company that deals with thousands of products and suppliers. Traditionally, managing this inventory requires manual entry of information from documents like purchase orders and supplier invoices, which is labor-intensive and prone to inaccuracies. With our AI-powered OCR platform, the company can automate this process. The technology can scan and extract relevant data from these documents, automatically updating the inventory management system. This leads to more accurate stock levels, reduced out-of-stock situations, and better supply chain management. By improving the accuracy and efficiency of inventory data handling, businesses can enhance their overall operational efficiency and customer satisfaction.
Step 1
Upload your documents to Affinda directly to our app, or by integrating with email or document management platforms
Step 2
Our AI-powered OCR data extractor will automatically scan, extract, label and categorise the data on the documents in seconds.
Step 3
Export the data in a structured and usable format. Integrate our AI-powered OCR data extractor with any downstream system or platform to use your data where you need it most.
Step 4
Need an AI data parser customised to your specific business needs? Our expert team can build a model tailored to your business workflows that integrates seamlessly with existing processes.
Michael Zhao
AI Product Manager | SEEK
De-clutter your business processes with a solution that seamlessly consolidates a diverse range of data, reducing complexity in business workflows and promoting effortless, streamlined operations.
Leave the repetitive, menial tasks to the AI, and do what you do best - talk to real people. Resume parser, job description parser, and candidate search and match can free up hours in your work week.
Our solution delivers speed and accuracy, handling data processes in seconds and freeing your team from tiresome data input. This not only saves time, allowing focus on vital tasks, but also significantly cuts business costs.
Our solution streamlines data parsing, analysis and management, quickly transforming unstructured data into actionable insights. This boosts productivity and accelerates decision-making, driving business growth.
Innovative features that set us apart from the rest.
Superior accuracy
Over 20+ fields extracted
Supports multiple file formats: PDF, JPG, PNG
Highly flexible and customisable
Supports over 56 languages
Upload and extract in bulk
Self-learning models improve over time
Seamless upstream and downstream integration
Case Studies
Learn how other businesses are using our parsing solutions.
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