Hexaview worked with the Business transformation partner of a renowned Insurer
Binding seamless Technology with Finance
GeneralPublished on: Fri Feb 10 2023
Data Extraction is becoming a major hurdle for growing businesses, and everyone has a desire to overcome the challenges associated with data fetching. Hexaview adhered to the responsibility & came out with our solution called PDF Extractor. Our goal is to deliver an application that can fulfill the multi-dimensional requirements of our clients.
· Errors in data extraction
· A safe and secured platform was required to store data
· The data entry process is very tedious & cumbersome
· Fetching customized data fields was not possible with human intervention
· We started from scratch and brought all the consideration under one roof. Priorly, we focused on the aspect of accuracy & for that, we used technologies like Amazon Text Extract, Tesseract, and KNN algorithm to detect and uproot text from PDF files for both printed and handwritten documents.
· We added S3 cloud storage to bring a universally accessible platform with enhanced security.
· We automated end to end data extraction process to reduce human efforts and minimize the window of glitches.
· We used Python libraries such as OpenCV, NumPy array, and various algorithms such as the Canny Edge Detector algorithm to image PDF files.
· Our team improved UI & UX parameters to provide an interactive interface and added features like save the defined location as templates for future use.
Impact of the implementation
· Enabled PDFs retrieval from an email message, an FTP site, or a folder
· Accuracy in data got uplifted with significant margins
· Data is now accessible beyond geographic boundaries via cloud platforms
· We have added security measures to ensure our client’s data protection
· Specific locations inside the document can be accessed with a point & click system
· Time savings up to 60% was attained
· Overall cost involved was reduced up to a significant margin
· Added flexibility to extract specific data fields and dispatch the parsed data in real-time
Key Success Factors
· We never compromised with the security and provided full customer support.
· Our prior focus was on accuracy and precision.
Previous exposure to Machine Learning & Python Libraries helped us in setting the backbone for PDF Extractor.
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