In this article, we will clearly define the capabilities and limitations of OCR and IDP, and outline the key technical differences between these technologies and new GenAI-powered content processing solutions like our own Fisent BizAI. OCR is one of the most fundamental document processing technologies, in fact, it lies at the ...
Fisent Client, PC Connection used BizAI to automate and streamline their processing of purchase orders. Reducing processing time by 98% Connection accelerated their time-to-revenue and improved their customer experiences....
Applied GenAI Process Automation solutions help effectively leverage the power of Foundational GenAI Models like OpenAI’s GPT, Google Gemini, Meta Llama, etc., as well as tuned LLMs to automate time-consuming repetitive enterprise tasks such as contract reviews, new customer onboarding, and order processing. ...
Anthropic's latest release, Claude 3.5 Sonnet, has generated significant buzz in the GenAI community, challenging the industry leader GPT-4o with improved accuracy, user interface, and intelligence, all at a fraction of the cost of its predecessor, Claude 3 Opus. This release highlights the rapid growth and fierce competition in...
When selecting the right LLM, application context is incredibly important. What this means is that organizations must identify their organizational priorities and pick a model that aligns with these priorities. For example, take a retail organization using GenAI to interpret complex purchase orders to automate and accelerate ord...
With the release of Meta’s new open source LLM, Llama 3, on April 18th 2024, the tech community has been captivated, sharing stories about the power and potential that this model will have on the startup ecosystem. Some are speculating that this will eliminate billions of dollars in startup capital and valuations as there is n...
Innovation is the key to growth. In the right doses and with the right timing it can be incredibly powerful and profitable in competitive markets. There is no question that innovation comes with its own set of challenges and risks, which is why innovation is a critical component for successful long term risk management strategie...
Financial institutions are in the business of managing risk. Whether evaluating a loan application or analyzing investments, every decision is made with respect towards the bottom line. However, smart risk management approaches consider all aspects of risk including those that could threaten operations, client onboarding and ass...
WOODLAND HILLS, CA – Hoverstate, digital transformation firm, and Fisent Technologies, a financial technology software company, have announced they are joining forces to accelerate digital transformation in the financial sector. Through this alliance, Hoverstate will be working with Fisent’s application, Fisent Risk, whic...
