Fighting Back With Document Fraud Detection Software
Rossum Blog
by Meg
2d ago
Document fraud is a significant threat to businesses. Wrecking reputations. Triggering huge financial losses. Regardless of industry, you’re a target. While artificial intelligence has eased so many business processes, fraudsters are exploiting the same technology to line their pockets. We need to take the offensive with document fraud detection software. Powered by AI and machine learning, to fight fire with fire. Choose Your Weapon! Ready to hunt for fake documents? Let us show you how we defeat those pesky fraudsters so your business’ reputation and revenue are protected. Table of Contents ..read more
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Rossum launches a certified integration to power Coupa invoice processing
Rossum Blog
by Christine Babington
1w ago
Rossum is proud to announce that we are an official Coupa partner with a certified integration to streamline Coupa invoice processing workflows and enhance collaboration between AP teams, suppliers, and their procurement colleagues. Show Rossum and Coupa in action “Who has time to create templates for thousands of different suppliers?”  Gong call snippet with a Head of AP. Sound familiar? Ah, the age old problem with templates… We hear all the time from happy Coupa customers, and their faith is more than rewarded as it is a best-in-class spend management platform. However, getting PDF da ..read more
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Is OCR Really What You’re looking For?
Rossum Blog
by Meg
2w ago
We’re talking brick-shaped device vs smartphone. Both able to make phone calls. But, worlds apart. When optical character recognition – OCR – arrived on the scene, it was revolutionary. A miracle drug. For businesses running data entry and data capture processes, OCR automated data entry by scanning documents and converting the text into a machine-readable format. Hours were saved. Humans were freed from tedious, repetitive tasks. Manual data entry errors became a thing of the past. But, there are flies in the OCR ointment. Multiple types of data, lousy source material, etc. OCR vs IDP. Are yo ..read more
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How Rossum Works
Rossum Blog
by Meg
1M ago
Billions of business transactions happen every day. Generating high volumes of complex documents in multiple formats. If you’re trying to tackle this document chaos manually, you’ll suffer errors, low productivity, and inefficiency. It’ll only end badly, as your business is hit with a loss of trust and an impact on your revenue. Sign up for a free trial of our platform to see how Rossum works towards automating your document processing end to end. Like Us To Show You How Rossum Works? Sadly, many businesses across industries cling to manual document processing despite the negative impact… Hig ..read more
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6 reasons why IDP implementations fail
Rossum Blog
by Albane Flamant
1M ago
Document process automation is far from a walk in the park. It’s a story we’ve heard one too many times: frustrated executives who have been let down by past automation efforts, fed up with vendors’ empty promises, or struggling to rally their team behind the cause. The result? Massive chunks of time and resources wasted across the business. But what’s the real reason behind the failure of Intelligent Document Processing (IDP) implementations? Try Rossum for Free Unrealistic expectations / Lack of clear objectives Plenty of organizations have invested a hefty sum in new IDP or OCR solutions, o ..read more
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Intelligent Document Processing Definition Glossary
Rossum Blog
by Meg
1M ago
OK. What is intelligent document processing? RPA, OCR? ML, DL, DMS, ERP, HITL? WTF?!! Understanding the technology is hard enough. Introducing a new language is plain cruel. This is your go-to guide for every single intelligent document processing definition I can think of. Don’t give me TL;DR. Bookmark it. Pin it to your wall. It’ll help you understand the language of IDP… Want To See IDP In Action? This blog post is long enough, so I won’t faff around. Let’s jump into the list of IDP terms… Intelligent document processing definition glossary 2-way matching 2-way matching ensures all the data ..read more
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Will AI Save Democracy? Probably Not, But It Will Help.
Rossum Blog
by Petr Baudis
1M ago
Humans have always approached new technologies with caution, even fear. It’s in our nature: the unknown can be threatening. Artificial intelligence (AI) is no different, with its potential to disrupt jobs and lifestyles. But AI isn’t the sentient overlord, some imagine. It’s a tool, and like any tool, it can be used for good or evil.  With the US presidential elections looming, AI-powered misinformation campaigns are fueling concerns about democracy itself. However, at Rossum, we believe AI can be a force for positive change. I want to share how our team and our next-generation AI, Rossum ..read more
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Rossum Aurora: All the benefits of LLMs, none of the hallucinations
Rossum Blog
by Albane Flamant
1M ago
LLMs, Generative AI – the Intelligent Document Processing game is changing fast. But hold your horses – with great innovation comes great responsibility. Say hello to Rossum Aurora – our answer to pushing IDP boundaries while keeping safety and user experience front and center. We’re setting new standards for accuracy, speed of learning and automation while mitigating the risks associated with LLMs, such as hallucinated values. On the way to our mission: one person, effortlessly processing one million transactions a year. Challenge our AI Rossum Aurora: Tailor-made for your transactional docu ..read more
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Debunking 9 Intelligent Document Processing Myths
Rossum Blog
by Meg
1M ago
Introduce new technology and along with trepidation, fantastic theories emerge. Cloud computing stores your data in the sky, and a storm can be catastrophic! The Internet is vulnerable to shark attacks! Automation brought many benefits and… buckets of hogwash. Time to shoot those buckets full of holes. I’m going to debunk 9 intelligent document processing myths… Show Me The Reality Of Intelligent Document Processing Table of Contents Debunking 9 intelligent document processing myths 100% document accuracy delivered! My business is way too small for automated document processing I can scan my ..read more
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Mark your calendar: Rossum coming to an event near you
Rossum Blog
by Rami Deeb
2M ago
New year, new events! Last year our team was living on a plane meeting prospects and presenting our products at key industry events around the world. In 2023, I wrote a recap blog post highlighting where we were and how it went. This year, I’m going to let you know beforehand – makes more sense – so you can go and meet our team. 2024’s agenda is already packed with a series of key industry events across the globe, bringing you the latest insights and innovations in transactional document automation and intelligent solutions. By the way, the events listed below are only for the first half of th ..read more
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