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Many organizations are switching over to newer and more modern ECM systems. With that, comes the task of migrating content from the “old” platform to the new one.
The migration process can be time-consuming and expensive since many organizations have millions (or trillions) of documents. But with AI, that daunting task is much faster and easier.
When processing diverse types of documents, it’s important to have a way to classify them in their respective types. By having everything properly classified, you can improve your workflow, by directing the specific documents to the right team-members for process, or for your AI to extract data.
There are two methods of document classification: of course, Manual classification; and Automated classification (powered by AI).
Even though smaller organizations are used to employ the manual process, which isn’t done without fail. It’s a time-consuming process and very prone to human error.
So, to optimize the entire process, automated classification with AI is the best option to take. And how can you do that? Well, let’s see…
BPM stands for Business Process Management. It is a management discipline and key piece in content management systems. It uses various methods, such as technology to identify, analyze and improve processes, with the goal of automating tasks, and making them more optimized. In a few words, any combination of methods used to manage a business process is BPM.
The definition of data extraction is “the task of automatically extracting data from unstructured or semi-structured documents”. With the advancements in technology, this task gets more important with each passing day. But, if the data is unstructured, how can it be processed automatically?
Enterprise content management is much more than a simple piece of software. It stands as the definition of processes, tools and strategies that allow businesses to be organized, store and deliver information. Thus, an ECM is not a single process or technology. It is a combination of various tools and strategies to manage all the information and the various processes within a company or organization. So, the question is “How can you optimize your ECM System?”.
Information is the most important asset of any company. Nonetheless, it’s not enough to just own that data, it’s imperative that companies analyse it, to optimize their products and gain a competitive edge.
Nowadays, data is just like a currency and databases are like bank accounts. To maintain and store large databases (that keep growing exponentially), companies are increasingly moving to the cloud. The cost-effective and a more secure infrastructure and services, are between the main reasons. This, because companies need to effectively organize and secure all the information they possess.