What is Box Extract?
Box Extract is a cutting-edge tool that leverages artificial intelligence to efficiently identify, collect, and convert structured data from unstructured sources such as documents, PDFs, spreadsheets, images, and other formats into organized metadata that facilitates easy storage, searching, and utilization, ultimately improving business operations. The technology employs sophisticated large language models, optical character recognition (OCR), chain-of-thought prompting, and specialized retrieval-augmented generation combined with reasoning techniques to achieve a profound comprehension of document content and structure with remarkable accuracy, all while eliminating the necessity for extensive training or complex setups. Users can choose between Standard and Enhanced Extract Agents, capable of handling everything from basic fields like names and dates to complex components such as hazardous clauses, tables, and graphs. Moreover, they have the ability to develop Custom Extract Agents utilizing configurable metadata templates, which allows for efficient management across numerous folders and repositories. This adaptability empowers organizations to customize the tool according to their unique requirements, thereby enhancing both efficiency and effectiveness in data management. As a result, businesses can experience a significant reduction in time spent on data extraction tasks, leading to more streamlined workflows and improved overall productivity.