What is Data Extraction?

What is Data Extraction?

Data extraction is when meaningful data is automatically pulled from information-packed documents via Optical Character Recognition (OCR) Software. This OCR Software has been created by the best developers in the industry who continuously strive to expand the software’s capabilities. 

Extract Systems started with one OCR software to automatically find sensitive information and redact that information. This product is called ID Shield. Extract System’s OCR software has been quickly gaining attention across the United States and has been used in multiple pilot projects now finding sensitive information within documents and extracting data into meaningful reports.

 

Data extraction software is critical to workflow productivity improvement and can help save thousands of hours on data entry while automating some of the most tedious responsibilities.

 

About Data Extraction Software
and the Possibilities OCR Brings

Extract Systems employs the leading developers of OCR software to provide the best data extraction software available on the market.

What makes this data extraction software the best? The high-touch service you will receive to collaborate on customized information and fields that require data capture. Data capture is the extremely intelligent data extraction software utilizes optical character recognition (OCR) to search through all bits of information in scanned or faxed documents in order to find ‘clues’ or related items that point to the data as being a hot item.

This hot item is then extracted. The extracted data is automatically pulled and placed in a format that is easy to read or report.

For example, if you are working with hundreds of scanned or faxed files, these documents could go through the data extraction software process to search for specific content. The extracted data will be pulled into reports automatically with limited verification needed.

Another excellent attribute to data extraction software is the automatic pagination (document classification) where documents are intelligently classified based on the data within the document. This makes indexing a snap.

 

The Best Part?

Extract Systems actively searches for clients who want to participate in pilot programs. If you can think of a way to use our data extraction software, contact us at sales@extractsystems.com! We would love to hear your ideas and pull together a product customized to your needs.

For more information about what Extract Systems can do for you, reach out to us to see if a data extraction pilot program is right for you.

Name *
Name

About the Author: Chantel Soumis

Chantel Soumis studied marketing communications and business administration at Franklin University and proceeded to work in a fast, ambitious environment, assuring client delight. Passionate about productivity and streamlining workflows through the use of technology, Chantel strives to spread the knowledge of Extract’s advanced OCR solution.