IW Document Flow Recognizer: AI Service is called now IW Paper2Data.AI and offers more possibilities for automating the processing of large volumes of paper information

Press release
July 2024

Innoware, a Ukrainian company specializing in the implementation and support of Microsoft Dynamics 365 (ERP, CRM, HR), Microsoft Azure cloud solutions and the entire line of Microsoft 365 software products, announces the creation and launch of a full-fledged API service IW Paper2Data.AI.

The solution was developed by the Innoware team on the basis of the client’s IW Document Flow Recogniser project: AI project is created to automate the intelligent processing of large volumes of paper information: invoices, bilingual contracts, reports, barcodes, insurance policies, invoices, etc.

The name change reflects the solution’s evolution and expanded capabilities.

IW Paper2Data.AI does not just recognize text from paper documents, the solution automatically integrates the received data with the data and workflows of any accounting ERP, CRM systems, making work with documents more efficient and effective.

The use of AI to recognise text, even handwritten text, opens new opportunities in document processing for companies of all sizes at an affordable cost. 

Key features of IW Paper2Data.AI include:

• Text recognition from images: IW Paper2Data.AI can recognize text in 37 languages from any type of image, including scanned documents, bilingual contracts, insurance documents, photos, barcodes, receipts, and handwritten texts.
• Document classification: IW Paper2Data.AI can automatically classify documents by type, making them easier to search and organize.
• Data extraction: IW Paper2Data.AI can extract key data from documents, such as names, addresses, and amounts, making it available for further analysis and use.
• Workflow integration: IW Paper2Data.AI can be integrated with existing workflows, making document processing automation seamless.
• Continuous improvement: The system is constantly learning on new data, ensuring continuous improvement in recognition accuracy and document processing efficiency.

The name changes to IW Paper2Data.AI better reflects the solution’s advanced capabilities and emphasises the Innoware team’s focus on helping modern enterprises get the most out of AI technology to drive business growth.

IW Paper2Data.AI is a powerful tool that can help companies in any industry automate document processing, increase efficiency, and save time by switching employees from routine to more skilled processes.

Typical users of IW Paper2Data.AI are finance, accounting, transport and legal departments, or any other company’s divisions with a large document flow that work with paper documents or their scanned copies.  

To find out more about IW Paper2Data.AI and calculate the cost of the solution for your company, please contact us: info@innoware.com or call: +380444902220.

About Innoware

For more than 22 years,  Innoware helps businesses around the world implement innovative business management information systems, it provides:

• implementation and support services for Microsoft Dynamics 365 (ERP, CRM, HR), Microsoft AZURE cloud solutions and the entire line of Microsoft 365 services;
• business process automation solutions based on the Microsoft Power Automate platform;
• advising on the implementation and use of Artificial Intelligence (AI) trained on corporate data, Bots and AI Agents in the company’s business processes.

The company’s experience includes more than 500 successfully implemented projects in large and medium-sized enterprises located in Ukraine, the Czech Republic, the UK, Switzerland, Poland, the UAE, Serbia, Moldova, the USA, Georgia, Kazakhstan, Rwanda, Kenya, Latvia, Cyprus, and South Africa.

Among our clients are such well-known companies as Leoni, Ahmad Tea, Kernel, Ciklum, Zepter, Obolon, Synevo, MetInvest, UniCredit Bank, UIA, Zhytomyr Butter Plant “Rud” and others.