It's a common AP challenge that you've probably seen before - when it comes to buying goods and services, no two people (or companies) will use the same language. While you can create uniform item codes and UPCs (Universal Product Codes) in your NetSuite environment, your vendors all have a mind of their own -…

In the AI space, where technological development is happening at a rapid pace, Retrieval Augmented Generation, or RAG, is a game-changer. But what is RAG, and why does it hold such importance in the present AI and natural language processing (NLP) world? Before answering that question, let's briefly talk about Large Language Models (LLMs).…

Tedious paperwork and long wait times are every person's worst insurance nightmare. But insurance claim automation is paving the way for faster, more accurate, and more customer-friendly experiences. The drive to enhance claims processing through new technologies has intensified, especially since every dollar saved directly impacts profitability. The pandemic further accelerated this shift, rapidly pushing…

Nanonets makes financial workflows more efficient with AI-driven automation, enabling businesses on Sage Intacct to automate manual finance tasks confidently and securely.San Francisco, 19 August 2024—Nanonets, a pioneer in AI-driven financial automation solutions, has become a marketplace partner with Sage Intacct, a leader in cloud financial management software. This collaboration aims to transform financial workflows,…

Introduction Retrieval-augmented generation (RAG) systems are transforming AI by enabling large language models (LLMs) to access and integrate information from external vector databases without needing fine-tuning. This approach allows LLMs to deliver accurate, up-to-date responses by dynamically retrieving the latest data, reducing computational costs, and improving real-time decision-making. For example, companies like JPMorgan Chase use…

Stuck with complex data in Word documents? Need to analyze information but sick of manually copying and pasting tables into Excel spreadsheets? Your answer is probably yes, which is why you've landed here. So how do you convert Word documents into Excel? Thankfully, Excel belongs to the same Microsoft product suite as Word,…

In our hunter-gatherer days, we had to classify objects and beings as food, foe, or friend, for survival. Today our need for classification is less for conservation and more for clarity.  In this era of information overload, document classification is of considerable importance for the efficient management and use of information and knowledge.   In this…

Introduction In today's fast-paced business world, the ability to extract relevant and accurate data from diverse sources is crucial for informed decision-making, process optimization, and strategic planning. Whether it's analyzing customer feedback, extracting key information from legal documents, or parsing web content, efficient data extraction can provide valuable insights and streamline operations. Enter large language…

In today's business world, data is everything. However, much of the data we need to make critical decisions is often trapped in PDF documents — invoices and expense reports to orders and delivery notes. The problem here is that PDFs are designed for viewing, not editing. It makes data manipulation a daunting task. PDFs store…

If you use text files to store and manage data, you've probably faced the challenge of converting these files into CSV, XLSX, or other Excel-compatible formats. Excel is a powerful tool for automation, data analysis, modeling, reporting, and more. It can even handle large amounts of data efficiently. However, you must first bring your data…