ABBYY Blog

Just as distance runners use digital tools to track their pace, miles, intensity, elevation, heartrate, and nutrition, you too need to track the way your business runs using new digital processes and tools.

Announcing the new ABBYY FineReader PDF 16, the PDF tool for the "next normal" to improve resiliency and drive efficiency. Employees heavily depend on productivity tools to manage their daily document tasks in a digital form from remote (flexible) locations, especially in small and medium-sized businesses. As many physical offices close, creating a digital workplace is becoming more and more important—and empowering employees with the right tools to drive efficiency is critical.

Commercial real estate giant, JLL, saved millions by automating invoicing and payments globally by using ABBYY’s cloud-based intelligent document processing solutions, leading it to be selected as a CIO 100 company by CIO Magazine for "Technology Innovation and Business Value driven by the Source-to-Pay Program." Helping the Fortune 500 company achieve organizational excellence has also won ABBYY recognition with CIO Magazine.

Insurers need to find new approaches to improving their processes. And it’s not another rip-and-replace project. Ultimately, using technology to advance intelligent process automation is most successful when an organization defines what success looks like before a project starts. And that’s because innovative technology projects all have the potential for business value–it just depends on what your business objectives are.

The evolution of technology in insurance has been pretty straightforward up until the last few years. First we moved from manual processes to the earliest core systems–mostly mainframe systems that were not extremely configurable. Then we moved to more modern core systems, which were much more configurable, but still mostly managed on premise–to where we are today.

Andrew Pery shares key takeaways from the Corporate Innovation Summit, held in Totoronto as part of the annual Collision Conference, which brings together over 30,000 industry leaders, academics, and thought leaders to address the future of innovation. Key themes included building frameworks for algorithmic governance, digital trust and identity management, taking responsibility for the unintended consequences of tech innovation, 5G, blockchain, business in the metaverse, and marketing in the digital future.

We’re proud to announce ABBYY is named in this year’s KMWorld AI 50 2022: The Companies Empowering Intelligent Knowledge Management. The 2022 list curated by KMWorld spotlights forward-thinking organizations striving to improve services, enhance customer experience, reduce costs, decrease risk, and respond faster to opportunities and threats with standout offerings using artificial intelligence (AI) and automation for innovative knowledge management. Here are a few ways we are leveraging AI to empower organizations.

We hear you loud and clear, and that is why we’re excited to announce the new capabilities of the latest Vantage 2.2 release that align to your company’s business goals and outcomes. There’s something in this release for all users, whether you’re a non-coder (aka Citizen Developer), someone with experience in training document models, or simply the human operator whose job is to work with the data that is being processed.

Today, organizations seeking true process automation are finding the answer in an approach that’s both simpler and more complex: complex in its multifaceted nature, but simple for humans to implement and manage. Welcome to Intelligent Process Automation (IPA).

Documents and the challenges that businesses face today in terms of processing the data contained within them is not a new problem. Rather, the history behind capturing a document, classifying it as a certain type of document, and extracting the data from it has always been a complex undertaking, even for the most skilled technical users.