Document Processing with Oracle Document Understanding AI
In today’s fast-paced digital landscape, efficiency is key. Oracle’s OCI Document Understanding AI is transforming the way businesses handle paperwork – automating the extraction of key data from documents like invoices, receipts, and supplier forms. With this powerful tool, organizations can drastically reduce manual data entry, improve accuracy, and speed up decision-making.
Potential to empower the Mobile Workforce example
Field professionals, such as traveling salespeople or service engineers, often lose valuable time manually entering expense data and uploading receipts. With Oracle’s Document AI-powered applications, that process can now be as simple as snapping a photo of receipts. The application reads the receipt, extracts the necessary details, and populates the expense form instantly making it easier than ever to stay productive on the go.
Thanks to Document AI confidence scoring, businesses can even choose to fully automate expense creation when AI results are deemed accurate, further minimizing human intervention.
Watch It in Action:
A Supplier Invoice document is snapped to create an invoice in Fusion apps.
In the accompanying video demo, you will see an Oracle Visual Builder Cloud Service (VBCS) Redwood application in action. By uploading or taking a photo of an invoice, the application auto-populates basic information in an invoice entry form, making it ready to create an invoice in Oracle Fusion Applications.
The sequence diagram illustrates the execution flow of the application demonstrated in the preceding video.
Why It Matters – Key Benefits:
Increased Accuracy: Minimizes human errors in data entry
Time and Cost Savings: Automates tedious manual tasks
Scalability: Handles high volumes effortlessly
Enhanced Decision-Making: Real-time data leads to faster, better decisions
Better Resource Allocation: Frees up teams for higher-value work
Conclusion:
Oracle’s Document Understanding AI is more than just a tool – unlocking tremendous possibilities to revolutionize on how organizations handle the paper documents, it’s a game-changer for businesses looking to modernize operations and stay competitive in a data-driven world.
For more information on Oracle’s AI capabilities, contact Apps Associates. We have more than 20 years of experience in Oracle applications and are at the forefront of AI adoption.
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