Whether you are an existing customer or you are thinking about how to improve, simplify and manage your document processing, the latest version of Ephesoft Transact is designed to deliver higher level functionality with its supervised machine learning technology and version 4.5 boasts over 220 new features, integrations, enhancements and updates.
Keep reading if you or your department works with or technically supports a high volume of documents, such as loans, claims, invoices, account on-boarding, employee data, financials, images or records.
Supervised Machine Learning Technology
Supervised machine learning takes the spotlight in Ephesoft Transact 4.5. Using Ephesofts’ patented algorithms allow organizations to automate and speed up many of the mundane document processing tasks, as well as to classify, extract, validate and export metadata into actionable information. The supervised machine learning algorithms allow the system to learn and add continuous value over time.
For example, auto table extraction can locate tables on a page and automatically send them to a user for validation, without creating any rules. Ephesoft Transact can filter the good data from the bad using what it has learned through its processing; Accounts Payable departments will appreciate that this feature substantially reduces the manual data entry of staff. Another new feature is the supervised machine learning of tables, which extracts table structures, significantly speeding up configuration and set up times of batch classes.
Integrations and Exports
Many organizations fear long implementation times and figuring out how to connect all their software tools together. Ephesoft Transact 4.5 allows easier, faster integrations and exports with other systems using Restful Web Services APIs without writing any code.
Strategic technology partners Box, Microsoft and SAP now have convenient, easy integration and export features into their repositories. Plug-ins are available, saving time during configuration and streamlining deployment. SharePoint export can now support both cloud and on-premise solutions.
Zoom overlay is a convenient feature that helps the validation user see clearly, especially for documents that did not meet the tolerance passing levels. Several knowledge bases – patterns and libraries of words – come equipped in Ephesoft Transact 4.5. These knowledge bases help aid the supervised machine learning algorithms to extract data from the documents. Composite Types are another new feature that allows multiple fields to combine into one field, alleviating the need for complex scripting.
Additional Asian languages can be added on, giving global organizations the option to process documents in Chinese, Japanese, Thai and Korean. Similarly, translation for user interfaces using French, German, Italian, Dutch and Spanish has improved, resulting in improved accuracy.
Platform extensibility for scripting, hidden document types and machine learning Web Services APIs will contribute to faster processing, efficiency and system set-up. Finally, Ephesoft Transact 4.5 runs on the latest operating systems on both Windows and Linux as well as being supported by new browser versions for Chrome, Microsoft IE, Edge and Firefox.
Enhance your processes
While the last version of Ephesoft Transact has broken through many barriers that organizations face, the new version enables you to further advance your Smart Content Processes.
Smart Content Capture technology is being used as a business process improvement and competitive advantage in a multitude of of organisations. Eliminating data entry, enhancing processes and having the ability to easily access your content contributes to cost savings and better customer service.