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What is Tungsten Transact?

Tungsten Transact offers a state-of-the-art approach to intelligent document automation, optimizing the handling of incoming data for organizations each day. Available for both cloud and on-premises deployment, Transact meets a wide range of needs by employing advanced AI-powered OCR and machine learning classification techniques to quickly identify and extract critical information from various document formats with minimal user intervention. This adaptable solution is equipped to manage documents in numerous business and governmental contexts. In particular, Tungsten's invoice processing feature leverages AI and OCR technologies to automatically capture and extract data from invoices in just seconds, which boosts efficiency in accounts payable, accounts receivable, and remittance processing, thus reducing the burden of manual tasks. Moreover, government entities, frequently overwhelmed by extensive collections of paper documents, are eager to upgrade their processes, and Tungsten's groundbreaking capture and extraction technologies provide a practical means to transform any heavily documented process. By adopting such innovative solutions, organizations can not only enhance their operational efficiency but also achieve greater accuracy in their data management practices, ultimately leading to improved decision-making and service delivery.

What is Evolution AI?

We provide a sample of extracted data to facilitate a quick and informed decision-making process. You can initiate your project in less than 24 hours with minimal expensive human involvement. Our AI algorithms boast an impressive accuracy rate exceeding 99.5% for data extraction from documents, a benchmark ensured by our Service Level Agreement. Clients value the synergy of human oversight's precision combined with the cost-effectiveness of artificial intelligence. At Evolution AI, we spearhead a research consortium backed by the UK government, collaborating with universities, governmental agencies, and corporate entities, which empowers us to develop groundbreaking algorithms. Our models are trained on one of the largest datasets of labeled documents ever assembled, featuring over 25 million documents. With Evolution AI, extracting information from complex documents is possible without the need for rule definitions or programming. Our easy-to-use point-and-click interface enables quick identification of any desired data point for extraction from a document, streamlining the entire procedure. This fusion of cutting-edge technology and user-centered design ensures that data extraction becomes more accessible than it has ever been, paving the way for enhanced efficiency in your projects. Ultimately, we strive to transform how businesses interact with and leverage their data resources.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Tungsten Automation

Date Founded

1985

Company Location

United States

Company Website

www.tungstenautomation.com/products/transact

Company Facts

Organization Name

Evolution AI

Company Location

United Kingdom

Company Website

www.evolution.ai/

Categories and Features

Data Extraction

Disparate Data Collection
Document Extraction
Email Address Extraction
IP Address Extraction
Image Extraction
Phone Number Extraction
Pricing Extraction
Web Data Extraction

Categories and Features

Data Extraction

Disparate Data Collection
Document Extraction
Email Address Extraction
IP Address Extraction
Image Extraction
Phone Number Extraction
Pricing Extraction
Web Data Extraction

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