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Data Empowers Business. Exploiting the full potential of… | by Bernd Wessely | Sep, 2024

Data ScienceSeptember 22, 202447Views 0Likes 0Comments

There is a lot of talk about the value of data being the new gold. Many companies are therefore pouring large sums of money into becoming data-driven. It is sold as a completely new way of doing business, almost as if business has never been driven by data before. Sure, many companies struggle with being…

How AI invoice processing works: An AP automation guide

UncategorisedSeptember 21, 202450Views 0Likes 0Comments

A new invoice arrives in your inbox. And as you begin processing it, you get a sense of déjà vu. The address and the amount – you've seen this before, but not sure where. So you start searching, scrolling through endless spreadsheets and folders, trying to find a match... Sound familiar? This scenario plays out…

10 Best Bank Statement Extraction Software in 2024

UncategorisedSeptember 20, 202448Views 0Likes 0Comments

Need to reconcile bank statements but tired of doing it manually? Looking for a bank statement extraction software? Look no further because we have you covered. We have researched and listed the 10 best bank statement extraction software in the market for 2024. Not just that, you will find the pros, cons and the…

Unlocking Structured Data from Documents

UncategorisedSeptember 20, 202450Views 0Likes 0Comments

Picture this - you’re drowning in a sea of PDFs, spreadsheets, and scanned documents, searching for that one piece of data trapped somewhere in a complex table. From financial reports and research papers, to resumes and invoices, these documents can contain complex tables with a wealth of structured data that needs to be quickly and…

How to set up financial document automation using AI

UncategorisedSeptember 18, 202451Views 0Likes 0Comments

Financial document automation is not just changing the game – it's rewriting the rules. From multinational banks and big accounting firms to local insurance agencies and small healthcare providers, businesses of all sizes process hundreds and thousands of financial documents daily. The sheer volume of paperwork can be overwhelming, time-consuming, and prone to errors. Enter…

AI-Powered Automated Pentesting Protecting your Business from Cyber Attacks

IoTSeptember 18, 202476Views 8Likes 0Comments

As technology and artificial intelligence advance in 2024 and beyond, cybersecurity threats will unfortunately keep pace. In a world where “deepfakes” are already hard to discern from real videos, businesses now need to up their game to defend against genuine (and hard to detect) virtual attacks. “ According to IBM, the global average cost…

The Complete Guide to Approval Workflows on NetSuite

UncategorisedSeptember 17, 202450Views 0Likes 0Comments

One of the most complex tasks on NetSuite is setting up a spend approval process in your company. The most common use cases are for Customers, Vendor Bills, Purchase Orders and Journal Entries - but you can set up approval routing for literally anything in NetSuite. To help you do this, Oracle has provided a…

Bridging Images and Text – a Survey of VLMs

NanonetsSeptember 17, 202473Views 0Likes 0Comments

Introduction Large Language Models or LLMs, have been all the rage since the advent of ChatGPT in 2022. This is largely thanks to the success of the transformer architecture and availability of terabytes worth of text data over the internet. Despite their fame, LLMs are fundamentally limited to working only with texts. A VLM is…

Google DeepMind Researchers Propose Human-Centric Alignment for Vision Models to Boost AI Generalization and Interpretation

AI NewsSeptember 17, 202466Views 0Likes 0Comments

Deep learning has made significant strides in artificial intelligence, particularly in natural language processing and computer vision. However, even the most advanced systems often fail in ways that humans would not, highlighting a critical gap between artificial and human intelligence. This discrepancy has reignited debates about whether neural networks possess the essential components of human…

MuZero, AlphaZero, and AlphaDev: Optimizing computer systems

OpenAISeptember 17, 202471Views 0Likes 0Comments

As part of our aim to build increasingly capable and general artificial intelligence (AI) systems, we’re working to create AI tools with a broader understanding of the world. This can allow useful knowledge to be transferred between many different types of tasks. Using reinforcement learning, our AI systems AlphaZero and MuZero have achieved superhuman performance…