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Why Apple Intelligence Might Fall Short of Expectations? | by PreScouter

Human AiOctober 13, 202418Views 0Likes 0Comments

As the tech world buzzes with the unveiling of Apple Intelligence, expectations are soaring. The leap from iPhone to AI-Phone paints a picture of a future where our devices aren’t just tools but partners capable of anticipating our needs and actions. Yet, amidst this enthusiastic anticipation, it’s crucial to examine the potential pitfalls that might…

How to Use Chat GPT for Accounting

UncategorizedOctober 11, 202416Views 0Likes 0Comments

Accounting is evolving, and AI is leading the charge. With the AI accounting market set to hit $26.66 billion by 2029, tools like ChatGPT are transforming the way accountants work. But ChatGPT’s entry and universal acceptance have put the spotlight on AI. While there is excitement, experts have also highlighted concerns. The most common concern…

Nanonets Emerges Leader in OCR Market

UncategorizedOctober 10, 202415Views 0Likes 0Comments

We are thrilled to announce that Nanonets has been awarded 12 prestigious badges in G2’s Fall 2024 Report, cementing our position as a leader in advanced OCR (Optical Character Recognition) software across multiple regions and markets. These badges testify to our continued commitment to delivering cutting-edge automation solutions that make our customers’ lives easier and…

Best practices and automation tips

UncategorizedOctober 9, 202417Views 0Likes 0Comments

"Let's just ensure that going forward, all the invoices are forwarded to Mr. X for validation before processing." If only invoice validation were that simple. In reality, it requires systematic checks and balances, not just one person's oversight. Studies show that 25% of invoice errors slip through accounts payable processes undetected despite internal correction…

How to Automate Bank Statement Verification with AI

UncategorizedOctober 9, 202417Views 0Likes 0Comments

Ever found yourself spending hours on a single bank statement, wondering if all those numbers add up? Whether you're a loan officer reviewing an application or a business owner ensuring your clients’ payments are in order, bank statement verification is integral to ensuring financial accuracy and fraud prevention. With an automated bank statement verification…

Fine-Tuning Vision Language Models (VLMs) for Data Extraction

UncategorizedOctober 9, 202414Views 0Likes 0Comments

💡 Note that this is the 3rd and final article in the series of VLMs for data extraction. You can find - the one about surveying VLMs here, and - evaluating VLMs on your own dataset here Introduction If you’re beginning your journey into the world of Vision Language Models (VLMs), you’re entering an…

The Complete Guide to NetSuite Integrations in 2024

UncategorizedOctober 8, 202415Views 0Likes 0Comments

Oracle NetSuite is the most popular mid-market ERP (enterprise resource planning) software in the world today, and has more than 40,000 customers worldwide. While the core ERP is used by pretty much all of these businesses, more than two-thirds of them also use NetSuite to make their business workflows more efficient - by merging customer…

Harnessing AI for Climate Change Mitigation

IoTOctober 8, 202418Views 0Likes 0Comments

AI enthusiasts in all sectors are finding creative ways to implement artificial intelligence’s predictive analytics and modelling capabilities to mitigate climate change. What are some examples across industries where effective installation yields results? Smart Grid Management in the Energy Sector “Urban planners, electricians and engineers are collaborating to grow the grid’s capacity and resilience…

Best OCR APIs in 2024

NanonetsOctober 8, 202415Views 0Likes 0Comments

Optical Character Recognition (OCR) technology has become a vital component for businesses looking to automate document processing and streamline data extraction. Very simply put, OCR involves scanning documents and converting the scanned image into machine-readable text, allowing organisations to process a wide variety of documents, such as invoices, contracts, and receipts, without manual data…

LLaVA-Critic: An Open-Source Large Multimodal Model Designed to Assess Model Performance Across Diverse Multimodal Tasks

AI NewsOctober 8, 202419Views 0Likes 0Comments

The ability of learning to evaluate is increasingly taking on a pivotal role in the development of modern large multimodal models (LMMs). As pre-training on existing web data reaches its limits, researchers are shifting towards post-training with AI-enhanced synthetic data. This transition highlights the growing importance of learning to evaluate in modern LMMs. Reliable AI…