Document Skills and the Future of Trade Finance
Despite the fact that global trade finance revenues decreased by 8 percent from 2019 to 2020, according to S&P Global Revenue Pool, the COVID pandemic disruption led to an escalation of fraud and loan impairments. This caused some major banks to withdraw completely from the sector, such as in Asia. The global Trade Finance market size is projected to reach $10,987,510 USD by 2027, from $7,616,520 in 2020, at a CAGR of 5.4% during 2021-2027.
Energy Company Ameren Transforms Finance and Accounting with ABBYY Intelligent Automation Solutions
Ameren, a US-based energy company set out to transform its Finance organization as way to streamline operations and give back hours to its employees. To date, Ameren's Center of Automation has provided more than 50,000 hours of savings to business partners through process automation.
ABBYY NeoML 2.0: What’s New, Besides Python?
NeoML is an end-to-end machine learning framework that allows you to build, train, and deploy machine learning models. Our open-source, cross-platform machine learning library, NeoML, appeared on GitHub about a year ago. Ever since, the ABBYY team has been hard at work updating the framework.
Got Document Processing Challenges? There’s a Skill for That.
Imagine wanting to process invoices, receipts, and purchase orders as part of a procurement process. ABBYY has a skill for that in the ABBYY Marketplace. These skills help companies accelerate document processing, increasing accuracy, efficiency, and faster cycle times.
How Wisercat Is Innovating with ABBYY to Automate the Vehicle Registration Process
To better address the needs of customers and the issues they face in the vehicle registration process, ABBYY recently partnered with global IT company Wisercat. Together, we automated the vehicle registration process for a US-based enterprise customer.
How Healthcare Organizations Can Prepare for the Rise of Telehealth
At a time when the epidemic has severely limited patients' capacity to see their doctors, telehealth has aided in expanding access to care. Whether the full potential of telehealth is achieved once the crisis is over will be determined by the actions made by healthcare leaders today.
WWDC 2021: Exciting New Stuff from Apple
This summer, Apple’s annual Worldwide Developers Conference was held entirely online for the second year running. Apple, however, has been able to make full use of the advantages offered by this format and treated its fans to a truly immersive experience. In this blog we’re mostly interested in mobile tech, so here’s a brief overview of the latest goodies from Apple.
How ABBYY Contributes to Reforestation Worldwide
At ABBYY, environmental initiatives have been of vital importance for a long time. For example, at one of our offices, employees can bring numerous types of waste to be handed over for recycling. But this year, we found a new way to make World Environment Day especially remarkable for our customers all over the world and us.