Images to Text

Also, the e-g everywherenance type is not so strong and hence to ensure compliance and to overturn unnecessary litigation with the various government legislations across countries, companies main overcautious in their approach leading to death by newsprint close to Back-end systems argon fairly automated and where the transactions argon electronically tasteful the STEP rates are Increasing day to day. While on that point Is a focus on STEP and targets set to minimize paper usage there Is still considerable amount of manual(a) of arms go away in terms of form filling, finishs for Mutual Funds, Telecoms, Credit Cards etcmanual of arms Processing of Application Forms from multiple Customers is a laborious/time- consuming and highs process. compensate though the eliminate technology has been in vogue he trueness rates of conversion of manual handwritten Information to text are extremely low and hence Industry acceptance has been low as it adds to the risk and complexity of the transactions. These are confidential discipline and flush toiletnot be snap publicly or stored without proper pull stringss / documentation.The Companies these days have a three-fold blow hit on the bottom lines archival of soft copies and archival of the papers as most auditors world wide continue to extend paper based and it adds as a comfort to the Top steering. at that place is a significant Operational bump for any manual affaire right from reanimating the paper to the execution of the operation. Several errors occur while reproducing the information from paper to system. Generally the errors seem as Common Sense in hindsight but with the huge volumes and extremely stringent cut- offs human lapses are trammel to happen.More the number of fields, operation required greater the probability of errors to occur. It has been seen that multiple levels of control (Maker, check off, Authorizer etc ) are still not sufficient to capture such errors. Simple Illustration Thi s is a simple redemption form which is mainly manually submitted to Tats front office 0 Back office of the TA 0 Settlements squad 0 Payments team Found Accounting team The Application is generally printed tallest times by different teams. Duplication of data fields across various teams There are tallest 2 checklists printed for individually form Minimum of 12 to 15 data fields are to be input in the system manually by expression at the form About (Image To Data) ITD utensil ITD Tool is an Application/ emolument for processing of Images (. PDF, Jpg, Jeep) / scanned images and converting them to data. The data converted is stored in database which can be incorporated to the act Processing system.Algorithms to scan the Application Form Image to ASCII data formatting Representation which is further processed in Java for normal/ unsheathed text conversion and subsequently stored into the Database (Oracle/ MYSELF) ITD provisions global configuration settings to externalities the dependencies concern in processing and storing the Application Form Data Proposed Model jell Analyze Analyses Content Required handle a. Standardization Forms Identification of b. Fields Definition Fields computerized text with I. Fields with Manual Text iii.Barrowed / OCCUR fields Identifying which information / fields are elevate for processing press out Automate Content Extraction Process Automation a. Extract the compulsory fields in text / editable data format using ITD Tool developed by NICE b. Determining how much the text is computerized / manual c. Identifying fields which have to remain as images only for cross-verification e. G. Signature b. Since accuracy cannot be 100% guaranteed the process SHOULD continue to follow the Maker / Checker process a. Convert data extracted to XML for c.v. for upload purposes b.Interface to be created for Integration with Transaction Processing System c. Workflow to be designed based on the success percentage of data conversion d. Lo gical Access Controls formalise Overview of architecture Application Form Scanning Imaginative Engine send off Processed Form Data to DB Store Scanned Enterprise Architecture Integration (EAI) Automatic Integration Capability with any other bequest systems External Systems / Databases oracle/MYSELF Benefits Productivity We expect the product to deliver results with over 80% accuracy.This would mean a significant cycle time decrement and the company should be able to reduce manpower by tallest 40% in the first year of implementation Risk instruction Without dilution of controls the manual intervention is reduced by over 80%. The team ordain be provided with a dashboard of exceptions which will highlight potential areas of errors. Management by Exception Scalability Increased volumes do not correspond to development in man-power cost.On-boarding of any new volumes / node would be a surface walk Client Delight With lower manual intervention entwine would improve significantly thereby significantly improving the Timeliness and delighting the client with Early to Market reports Go Green The entire process including Checklists can be based in the system hereby doing away with print-outs and their associated be / maintenance issues.We would be contributing our bit to protect the environment arrangement Services Statutory Compliance COMA, MOM Executive Education, CA Flexi-staffing payroll Processing Soft Skills, Personality Development Trainings Start up Hiring organisational Structuring Manufacturing Top Line Improvement Project Report / Funding Risk Based Internal Audit Credentials Verification Finance, Risk Management and Audits Programs for Educational Institute Statistical ProcessControl Advisory software program Marketing Software Support Accounting Services Funding & Business Plans Compliance supervise Software Development Indirect Taxation & International Non-Resident Taxation Application Development Software Maintenance Networking Support Identi fying the Type of enrolment Registration across various Acts Management and Legal Consultancy Functional exam Non-functional Testing Core Services Performance Engineering Corporate Synopsis Our organisational behavior and Management Strategy to achieve our Vision Focused Actions