Gain actionable information from documents for faster processing with the enhanced version of NewgenONE OmniXtract
May 29, 2023: Newgen Software, a global provider of digital transformation platform, NewgenONE, has launched OmniXtract 4.0, an upgraded version of its intelligent document extraction software.
The latest version of OmniXtract leverages AI/ML capabilities to deliver high extraction accuracy and offers enhanced user interface. Also, it boasts an improved extraction engine and a microservices-based architecture.
“Today, the volume of documents continues to skyrocket, presenting significant hurdles for enterprises to seek crucial insights. The latest version of OmniXtract with AI/ML capabilities automates document-centric processes, enabling enterprises to streamline operations, increase efficiency, and accelerate digital initiatives,” said Mr. Varun Goswami, VP – Product Management, Newgen Software.
Key highlights of this release:
- AI/ML-based Extraction: Leverage AI/ML models along with user-defined templates, allowing enterprises to achieve high extraction accuracy from day one and ensuring businesses achieve precise and reliable results
- Collaborative Definition Studio: New web-based extraction studio enables users to collaboratively create template definitions. With extensive audit capabilities to track changes, organizations can optimize their extraction processes
- Real-time System Monitoring: Dashboard for providing a snapshot of active definitions, active users, and remaining volume to keep track of key system metrics
- Access Control: Support for roles and rights management to govern access to each software module
NewgenONE OmniXtract allows enterprises to extract data from structured and semi-structured documents from various channels and formats, including PDFs, Tiff, Word, Excel, and RTF and makes it available for further processing. Also, it supports multiple cloud-based and non-cloud-based OCR extraction engines to meet unique business requirements.
About Newgen Software Technologies Limited
Newgen is the leading provider of a unified digital transformation platform with native process automation, content services, communication management, and AI/ML capabilities. Globally, successful enterprises rely on Newgen’s industry-recognized low code application platform to develop and deploy complex, content-driven, and customer-engaging business applications on the cloud. From onboarding to service requests, lending to underwriting, and for many more use cases across industries, Newgen unlocks simple with speed and agility.
For more details, visit www.newgensoft.com
