Lightico

FEBRUARY 11, 2024

This often result in inefficiencies, delays, and increased risk of errors and non-compliance. Historically, the extraction of relevant data from these documents has relied heavily on optical character recognition (OCR), manual data entry, or basic forms from the LOS or DMS with the dealership salesperson standing as the go between.

Data Entry 98

Data Entry Compliance Finance Unstructured Data 98

Lightico

JULY 26, 2023

The digitization of the financial services sector has generated vast amounts of unstructured data in the form of documents, either PDF or images, and volumes of data that can hold valuable insights for businesses, and help make better decisions. However, extracting meaningful information from this data has been a challenge.

Artificial Intelligence 52

Artificial Intelligence Unstructured Data AI Data Entry 52

Lightico

JUNE 6, 2024

Especially, when manual entry requires, for compliance reasons, the dreaded “stare & compare.” Think data entry, form filling, and basic calculations—tasks that follow a clear set of instructions. Reduced Errors : Minimizes human error by eliminating manual data entry.

AI 52

AI Unstructured Data Machine Learning Compliance 52

Lightico

APRIL 4, 2024

Accuracy at Scale – Building a Foundation for Informed Decisions Human error is an inevitable part of manual processes and data entry. IDP eliminates this risk factor by extracting data with exceptional accuracy using advanced algorithms and AI. In essence, IDP doesn’t replace credit analysts; it empowers them.

Finance 75

Finance Data Entry Artificial Intelligence Compliance 75