GRM Launches Intelligent Character Recognition Solution
GRM, a provider of enterprise content management software, has developed a proprietary intelligent character recognition (ICR) solution designed to help clients more efficiently transition physical and unstructured data to highly-leveragable, structured digital data.
Addressing the fact that an overwhelming percentage of most businesses’ information remains in physical and unstructured formats, reducing its ability to be easily accessed, shared, combined with other information or efficiently analyzed, GRM’s new solution extracts and classifies that data to provide insights on business operations.
The GRM ICR solution improves efficiency on two fronts, according to GRM CEO Avner Schneur. First, the technology automates the previously manual process of turning unstructured data into structured data; and second, the resulting structured data is more easily shared, analyzed and acted upon.
The GRM ICR Solution consists of three main components: a Receiver Engine that recognizes, captures and converts to digital; the ICR Engine that extracts data and auto-classifies it based upon previously defined parameters; and finally, the Content Management portion of the GRM platform that archives the resulting data and feeds it into the workflow automation components of the solution.
Beyond the core conversion and extraction processes, the company says, the ICR solution also brings quality control value to the data management process by validating data in real time, to identify errors, inconsistencies and omissions and subsequently flagging them for attention rather than feeding them into the workflow process where they would be identified later, creating delays and incremental costs.
For more information, visit the GRM website at www.grmdocumentmanagement.com