Written by Rohan Handa
Published: Mar 15, 2024
Updated: Mar 15, 2024
7 min read
Today,…
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Accounting in any company involves dealing with invoices every month. One of the most challenging tasks while dealing with them is the verification of these invoices. All invoices received by a company for products or services that have been purchased from a vendor must be checked for accuracy before payment is initiated. For…
Managing invoices efficiently is integral for businesses to maintain smooth cash flows and accurate financial records. Optical Character Recognition (OCR) technology has emerged as a crucial tool, enabling organizations to streamline invoice processing, enhance accuracy, and accelerate financial workflows. By automating data extraction from invoices, OCR software significantly reduces the burden of manual data entry,…
Imagine discovering that a simple oversight in managing business expenses led to a small fortune being unwittingly spent on avoidable costs. This isn't just a hypothetical scenario; it's a reality for organizations that overlook the strategic importance of a meticulously designed expense policy. In this piece, we'll provide an expense policy template designed to…
We’re super thrilled to announce that we’ve raised $29 million in our Series B funding round led by Accel India in our journey to reimagine how businesses manage workflows! The funding round also saw participation from existing investors Elevation Capital, YCombinator and others. This takes the total funding raised till date to $42M. Where…
Record-to-Report (R2R) is a critical finance management process in corporate finance, which focuses on collecting, processing, and delivering accurate financial data. This process encapsulates everything from recording financial transactions to the preparation and reporting of financial statements and performance reports that stakeholders use to make key decisions. For businesses, R2R is not merely a regulatory…
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If you’ve programmed in a language like C++ or Java, you’ve likely used enums to create named constants. Enums are helpful when you have a variable that takes one of a fixed number of values—often related such as the days of the week, student grades, order status, and the like.…
Deep Neural Networks (DNNs) excel in enhancing surgical precision through semantic segmentation and accurately identifying robotic instruments and tissues. However, they face catastrophic forgetting and a rapid decline in performance on previous tasks when learning new ones, posing challenges in scenarios with limited data. DNNs’ struggle with catastrophic forgetting hampers their proficiency in recognizing previously…
Causal AI, exploring the integration of causal reasoning into machine learning This article gives a practical introduction to the potential of causal graphs. It is aimed at anyone who wants to understand more about: What causal graphs are and how they work A worked case study in Python illustrating how to build causal graphs How…
As the hubs for patient care and medical administration, hospitals often manage vast amounts of paperwork and documentation. The traditional reliance on manual data entry consumes valuable time and introduces the risk of errors that can have critical consequences. Enter Optical Character Recognition (OCR) software is a technological marvel reshaping how hospitals handle documentation processes.…