KoirReader has announced an artificial intelligence driven document automation API for mulitimodal, global logistics operations.
Using AI, smart algorithms, advanced data science, image processing and computer vision technologies, KoiReader can automatically extract information and digitize the data into a structure that can be used with any enterprise management system.
Vivek Prasad, chief executive officer of KoiReader, compared the process to image recognition systems in social media that are able to automatically identify individual people within a photo.
The KoiReader suite of document automation APIs for the logistics industry includes KoiReader for Invoice, KoiReader for BOL and KoiReader for Document Classification. The software suite receives monthly API updates.
“With KoiReader there is no need to outsource document categorization to a costly third-party provider or relinquish your control over sensitive company and customer information,” said Prasad. “Our product also significantly reduces costs and delivers an immediate ROI for any industry that needs to convert unstructured data into structured data.”