By Alisa Fetic
Unstructured documents are free-form documents without structure, but you can still scan, capture, and import them digitally. When it comes to business documents, we think of anything structured as an item we can store in online databases or cloud software.
In the case of modern businesses, this is how we receive most of our information, ranging from client order forms to employee healthcare information. Everything is digital.
However, there are still unstructured documents that many businesses utilize, but they can add to their collection of structured documents without issue. These might include letters, paper forms, or contracts.
There's no denying that unstructured documents play a role in present-day businesses, even with the ever-evolving role of technology. Finding a solution to deal with unstructured data and documents is essential, and we can help.
Automation and Unstructured Data
Automation and unstructured data go hand in hand when optimizing business operations. Automation enables organizations to quickly process large volumes of unstructured data and transform it into actionable insights.
With the right software, companies can use unstructured data to gain new insights more quickly and at a higher level of detail than was previously possible. Automation also frees up human resources to focus on driving the organizational strategy.
Leveraging automation means identifying patterns in unstructured data and then applying rules-based algorithms to transform it into a structured form. This process helps businesses better analyze the data and uncover hidden correlations that may not have been apparent.
By automating processes, businesses can more quickly identify and take advantage of opportunities in the market that they may have missed with manual processing. In addition, we can use automation to streamline operations, improve efficiency, and reduce costs associated with processing large data sets.
Automating Redaction and Detection
The automated redaction and detection of documents can save companies time, money, and resources. By automatically redacting sensitive information, companies can reduce the manual work needed to protect data, allowing them to focus on their core business activities.
Automated detection also increases the accuracy of sensitive data detection and ensures that all documents comply with applicable regulations. This accuracy and compliance can help reduce the risk of data breaches and other security-related issues.
Automated redaction and detection can also help companies stay organized by allowing them to identify and track sensitive information in documents quickly. It's a fantastic way to help companies reduce their carbon footprint by reducing the need for paper-based (or unstructured) document processing.
A Solution for Managing Unstructured Data
Managing unstructured data can quickly become overwhelming for many businesses, regardless of size or industry. However, that management is crucial to allow companies to store large amounts of data in a secure and organized manner, making it easy to access, analyze and use for various purposes.
AI-powered services can be life and time-saving for auto-redaction, contract review, and digital document comparison. Finding a flexible solution that works for you and your unstructured data needs can help you advance your company while taking a ton of manual work off your plate!