When it comes to compliance, you can’t leave anything to chance. Even the most minor risks could have lasting consequences. Now that AI is available in a broad and affordable range of applications; businesses are leveraging this technology for everything from customer service to compliance. Some vendors are now using AI parsers for compliance in
Today, the demand for ESG information is growing rapidly. Investors are demanding more transparency about how companies address risks and opportunities related to environmental, social, and governance issues. As a result, market research firms are increasingly publishing ESG reports on thousands of public companies. That’s excellent news for financial analysts and risk management professionals who
In the past decade, we have seen many exciting, and disruptive technologies enter the financial services industry. From mobile payments and digital wallets to blockchain and artificial intelligence, FinTech innovations are changing the face of finance forever. However, while AI has recently become a hot topic in banking and other industries, it's not a new
Readers of this article will learn the nuances of managing an RFP process, as well as what to look for in a vendor when selecting a partner. The article will also help you identify the benefits of integrating natural language processing into your RFP management software and how to find the right NLP solution for
A job hazard analysis is a process that helps you identify risks and ways to reduce them in your workplace. It’s a strategic safety program with the primary objective of reducing accidents, injuries, and any kind of general danger for your employees in the workplace. This detailed risk assessment will help you uncover potential hazards,
OCR, or optical character recognition, is the process of converting images of text into digital text. Common uses for OCR include digitizing books and documents for archiving or indexing searchable content online. It’s also commonly used in invoicing software, medical records software, and many other business-oriented programs that involve a lot of reading. However, there
Today’s healthcare companies face new challenges in handling patients’ sensitive data. This blog will discuss artificial intelligence-based image processing and its applications in the healthcare industry. With AI-based image processing, you can redact images with different privacy settings, detect faces or objects within images, and more. Continue reading to learn more about how AI-based image
Even the most well-organized businesses have trouble keeping track of employee and vendor access to buildings or other locations. As a result, inadequate permit management can lead to security breaches and increase your organization's liability risk. In this blog post, you will learn about natural language processing and how it can be used as a
Today’s digital workplace is fast-paced, innovative, and collaborative. But unfortunately, it’s also fragmented, chaotic, and resource-intensive. Employees spend hours tracking documents and coordinating meetings, information isn’t readily accessible when needed most, and valuable team time is spent on menial tasks like finding files or searching for email attachments. In other words, the current state of
Every business struggles with parsing and cleaning data, regardless of company size or industry. Pivoting, merging, and standardizing information are time-consuming tasks, no matter how big the data set is. However, companies need to streamline their data analysis process before moving forward efficiently with AI initiatives. That’s where Artificial Intelligence (AI) Data Parser comes into
