Scarlet

SCARLET IN ACTION

Automated document analysis

Scarlet first carries out an automated geometrical analysis of the document via a complex combination of convolutional neural networks, recurrent neural networks, and segmentation to analyze and extract relevant data.

Scarlet is capable of processing any type of document, including PDFs, tables, freeform text, scanned images, and so on.

Intelligent data capture

Scarlet employs intelligent OCR for data extraction. The platform can accurately capture data from even scanned images and non-readable PDFs.

Because every document has a different structure, the extraction of data depends on the type of document being processed. Scarlet can extract data from a document in three formats–tables, sections, and key-value pairs.

Document review

Scarlet enables you to validate and update the extracted data to ensure there are no errors in the final output.

For instance, if a particular column of a table is missing from the extracted output, you can rectify this by selecting this column to be extracted. The final output will include the extracted column.

Save overhead costs

Manually processing large documents adds to cost and resource overheads, including paper cost, employee salary, storage and shredding costs, and more. Scarlet helps you save such overhead costs along with an improved ROI.

Improve processing time

Scarlet scans a large number of documents within a short amount of time, thereby improving processing and data extraction time.

Increase data accuracy

Humans are prone to errors. Manually processing large data leads to many errors, such as wrong mapping of data, and a defective tracking mechanism.

Focus on core operations

Scarlet automates document processing with an improved Optical Character Recognition pipeline that has significantly improved data extraction accuracy and reduced processing time, freeing up your time to focus on core business operations, rather than long-drawn, repetitive tasks.

BFSI

  • KYC document verification
  • Loan application management
  • Audit documents
  • Compliance-related processes
  • Mortgage documents
  • Customer onboarding
  • Claims handling

Tax & Insurance

  • Invoice processing
  • Claims processing
  • Tax documents
  • Tax & insurance audit processing

Healthcare

  • Medical bills
  • Patient records
  • Invoice records
  • Insurance processing

HR

  • Employee payroll
  • Compensation claims
  • Employee onboarding
  • HR records processing
  • Legal contracts
  • Non-disclosure agreements
  • Invoice processing
  • Lease agreements

Manufacturing

  • Sales order processing
  • Accounts payable/ receivable
  • Parts requests from customers
  • Remittance processing

SCARLET RUNS ON

  • Google Vision
  • Tesseract
  • TensorFlow
  • Pytorch
  • Keras
  • Python

Subscribe to our monthly newsletter