Kanverse Iolite Release Brings New Cutting-edge Features to Its Existing AP Invoice Automation and Insurance Document Processing Products – Business…

SAN JOSE, Calif.--(BUSINESS WIRE)--Kanverse.ai, a Hyperautomation company, has announced the global launch of the Iolite release of its patent-pending AI-powered Intelligent Document Processing Product for Enterprise.

Iolite release introduces powerful new features to Kanverse AP invoice automation product for enterprises.

Iolite release also brings a new out-of-box COINS ERP (Enterprise Resource Planning) integration for construction management and real-estate companies.

Kanverse iolite release enhances the insurance document processing product with innovative features.

Kanverse IDP combines multiple AI (Artificial Intelligence) technologies with Optical Character Recognition (OCR) and Automation to provide an end-to-end product that digitizes document processing for enterprises from ingestion, classification, extraction, validation, approvals to filing. The entire process is powered by Computer vision, Natural Language Processing (NLP), Fuzzy Logic, and advanced Machine Learning (ML) algorithms to make business processes more efficient, optimize cost, eliminate human error, and mitigate risk.

Karan Yaramada, CEO (Chief Executive Officer) of Kanverse.ai said, With the Iolite release, we are bringing new innovative features to our existing offerings. The new out-of-the-box integration with COINS ERP will open doors for new customers to experience the power of Kanverse. As a result, Kanverse AP invoice automation and the insurance document processing products are uniquely positioned to deliver unprecedented business benefits to all our customers.

Kanverse.ai Overview

Kanverse is a Hyperautomation cloud offering that can support various use cases across the enterprise to remove bottlenecks, streamline business processes, and minimize manual touchpoints across workflows. Kanverse provides a decision-making and analytics engine, conversational and programmatic interface and out of box connectors for interfacing with users and system of records where enterprise data is maintained. Learn more at: http://www.kanverse.ai

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Kanverse Iolite Release Brings New Cutting-edge Features to Its Existing AP Invoice Automation and Insurance Document Processing Products - Business...