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Parascript’s Intelligent Document Processing solution, FormXtra.AI 8.4, introduces significant improvements when automating the extraction of complex data.

Parascript

Parascript, a software company with more than 25 years of experience in data extraction, has released a new version of its Intelligent Document Processing (IDP) solution, FormXtra.AI 8.4. This new version adds multi-language support for content-free handwriting recognition in French, German, Spanish, and Portuguese; nested tables support for better recognition and extraction of data in complex tables; and significant improvements to full-page intelligent character recognition (ICR), trainable fields based on natural language processing (NLP) algorithms, and dynamic signature field location for unstructured documents.

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“Version 8.4 is huge leap forward for FormXtra.AI. Our R&D team has implemented numerous improvements to increase accuracy and efficiency when automating data extraction from traditionally difficult documents to automate. We’re excited to see the levels of accuracy achievable with documents that include a combination of handwriting and machine print alongside complex tables.” – Dawn Wood, VP Sales.

FormXtra.AI is Parascript’s premier IDP software that builds upon the original FormXtra software by enhancing it with the most innovative trends and approaches that exist in deep learning and natural language processing. FormXtra.AI has high universality, which allows the software to classify and extract data in any type of document despite format, style of text, and complexity.

SOURCE: PR Newswire