KlearStack
Eliminate Manual Document Processing Using AI
Description
KlearStack offers an AI-driven solution to eliminate manual document handling and its associated costs and errors. It specializes in automating document-centric processes within supply chain management, loan processing, accounts payable, and ID verification. By leveraging self-learning AI and template-free technology, the platform accurately extracts data from various document types, regardless of format or layout, significantly boosting operational efficiency and ensuring compliance.
The platform provides end-to-end automation, from document intake and classification to data extraction, validation, and integration with existing enterprise systems like ERPs. KlearStack aims to accelerate workflows, such as loan approvals and invoice processing, by providing fast and error-free data extraction and auditing capabilities. It supports a wide range of documents including invoices, receipts, bills of lading, loan applications, and identification cards, helping businesses achieve substantial cost savings and productivity gains.
Key Features
- Template-free Data Extraction: Extracts data from any document format without needing predefined templates.
- Self-Learning AI: Continuously improves accuracy (up to 99%) by learning from processed documents.
- Straight Through Processing (STP): Achieves high levels of automation, minimizing manual intervention.
- Document & Page Auto-classification: Automatically identifies document types and organizes pages.
- Data Validation & Reconciliation: Includes tools to verify extracted data against master data or predefined rules.
- Seamless Integrations: Offers RESTful APIs and pre-built connectors for systems like SAP and QuickBooks.
- Custom Model Creation: Allows building custom AI models for unique document types.
- Compliance Automation: Helps meet regulatory standards by automating checks and flagging discrepancies.
- Pre-trained Document Models: Provides ready-to-use models for common document types like invoices and IDs.
- Human in the Loop Workflow: Includes options for human review and approval when needed.
Use Cases
- Automating Accounts Payable processes.
- Streamlining Supply Chain document management (invoices, bills of lading, airway bills).
- Accelerating Consumer Loan document processing and verification.
- Automating ID Card verification (Passport, ID Card, Driving License).
- Extracting data from invoices and receipts.
- Processing purchase orders and delivery notes.
- Managing compliance documentation.
Frequently Asked Questions
What is the accuracy of KlearStack for Machine-generated invoices?
KlearStack delivers up to 99.9% accuracy for processing machine-generated invoices. When encountering completely new and unknown invoice layouts, KlearStack still achieves an impressive initial accuracy rate of 85%.
Does KlearStack provide multi-page support?
Yes, KlearStack is designed to handle a variety of multi-page document scenarios. It can process single invoices that span multiple pages, files containing multiple documents, as well as files with multiple pages each containing different invoices.
What are the supported file format invoices?
KlearStack Solution is capable of extracting invoice data from a wide range of file formats, including PDF, JPEG, PNG, BMP, TIFF, and even ZIP files.
Can KlearStack be deployed on-premise?
Yes. KlearStack offers support for on-premise deployment, allowing businesses to integrate our solutions directly within their existing IT infrastructure.
Why does KlearStack use machine learning instead of just regex for data extraction?
While regex are effective for structured data with predictable formats, machine learning offers broader advantages, especially for complex or varying data. ML adapts to data format changes, understands context and semantics via Natural Language Processing (NLP), and is more robust against data inconsistencies.
