{"id":1723,"date":"2020-06-05T10:23:28","date_gmt":"2020-06-05T10:23:28","guid":{"rendered":"https:\/\/solutionsreview.com\/business-process-management\/?p=1723"},"modified":"2020-06-05T14:24:27","modified_gmt":"2020-06-05T14:24:27","slug":"newgen-releases-ai-and-ml-based-document-classification-tool","status":"publish","type":"post","link":"https:\/\/solutionsreview.com\/business-process-management\/newgen-releases-ai-and-ml-based-document-classification-tool\/","title":{"rendered":"Newgen Releases AI and ML-Based Document Classification Tool"},"content":{"rendered":"<p style=\"text-align: justify\"><span style=\"font-weight: 400\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-1669\" src=\"https:\/\/solutionsreview.com\/business-process-management\/files\/2020\/03\/Newgen-Earns-Patent-for-New-Mark-Detection-System.jpg\" alt=\"Newgen Releases AI and ML-Based Document Classification Tool\" width=\"800\" height=\"400\" srcset=\"https:\/\/solutionsreview.com\/business-process-management\/files\/2020\/03\/Newgen-Earns-Patent-for-New-Mark-Detection-System.jpg 800w, https:\/\/solutionsreview.com\/business-process-management\/files\/2020\/03\/Newgen-Earns-Patent-for-New-Mark-Detection-System-300x150.jpg 300w, https:\/\/solutionsreview.com\/business-process-management\/files\/2020\/03\/Newgen-Earns-Patent-for-New-Mark-Detection-System-768x384.jpg 768w, https:\/\/solutionsreview.com\/business-process-management\/files\/2020\/03\/Newgen-Earns-Patent-for-New-Mark-Detection-System-540x270.png 540w, https:\/\/solutionsreview.com\/business-process-management\/files\/2020\/03\/Newgen-Earns-Patent-for-New-Mark-Detection-System-640x320.png 640w, https:\/\/solutionsreview.com\/business-process-management\/files\/2020\/03\/Newgen-Earns-Patent-for-New-Mark-Detection-System-128x64.png 128w, https:\/\/solutionsreview.com\/business-process-management\/files\/2020\/03\/Newgen-Earns-Patent-for-New-Mark-Detection-System-400x200.png 400w, https:\/\/solutionsreview.com\/business-process-management\/files\/2020\/03\/Newgen-Earns-Patent-for-New-Mark-Detection-System-180x90.png 180w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>Newgen Software <\/span><a href=\"https:\/\/newgensoft.com\/company\/press-releases\/newgen-unveils-new-ai-and-ml-based-document-classification-service\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400\">recently announced<\/span><\/a><span style=\"font-weight: 400\"> the launch of an enhanced version of its document classification service for enabling the high-volume document-handling environment. The newly launched Intelligent Document Classifier 1.0 allows users to gain hidden insights by classifying documents, based on structural features and\/or textual features. The solution uses the new-age technologies, machine learning (ML), and artificial intelligence (AI), to enable layout and content-based document classification.<\/span><\/p>\n<p><span style=\"font-weight: 400\"><div class=\"box box3\"><span style=\"color: #000000\">Our<\/span><\/span><a href=\"https:\/\/solutionsreview.com\/business-process-management\/free-bpm-buyers-guide\/\" target=\"_blank\" rel=\"noopener noreferrer\"> <i><span style=\"font-weight: 400\">Buyer\u2019s Guide for Business Process Management<\/span><\/i><\/a><span style=\"font-weight: 400\"><span style=\"color: #000000\"> helps you evaluate the best solution for your use case and features profiles of the leading providers, as well as a category overview of the marketplace.<\/span><\/div><\/span><\/p>\n<p style=\"text-align: justify\"><a href=\"https:\/\/newgensoft.com\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400\">Newgen Software<\/span><\/a> <span style=\"font-weight: 400\">is a global provider of Business Process Management (BPM), Enterprise Content Management (ECM), Customer Communication Management (CCM) solutions with a footprint in over 60 countries. The Omniflow iBPS Business Process Management Suite drives enterprise-wide digital transformation by connecting an organization\u2019s resources. The platform\u2019s advanced capabilities such as process orchestration, case management, robotic process automation (RPA), mobile, social, and others allow you to re-engineer processes and go digital.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">Businesses can leverage the solution to automatically classify various documents such as sales and purchase orders, enrollment and claim forms, legal documents, mailroom documents, contracts, correspondences, and others. This ensures that essential information is easily available, thereby eliminating risks and costs associated with manual document management.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">In a press statement, Diwakar Nigam, MD and Chairman at Newgen Software said, \u201cour new document classification service allows businesses to process volumes of unstructured data and uncover hidden insights. It is powered with AI and ML for compliance, smarter decision making, improved efficiency, and enhanced customer experience.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">Key features of the new version include:<\/span><\/p>\n<ul style=\"text-align: justify\">\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Image Classification: Allows users to automatically classify images using neural networks and deep learning algorithms based on structural features.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Content Classification: Enables document classification based on content in the absence of structural features.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Trainable Machine Learning: Auto-learns definitions and features of a document class and creates a trained model.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Admin Dashboard: Generates analytics reports for a 360-degree view of the process.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Integration Capabilities: Facilitates easy integration with critical business applications, content management platforms, and document capture applications.<\/span><\/li>\n<\/ul>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">Learn more about <\/span><a href=\"https:\/\/solutionsreview.com\/business-process-management\/newgen-earns-patent-for-new-mark-detection-system\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400\">Newgen Software.<\/span><\/a><\/p>\n<div class=\"hr hr\"><\/div>\n<p><span style=\"font-weight: 400\"><div class=\"widget\"><div class=\"aside-card\">\t\t\t<div class=\"textwidget\"><p><a class=\"bpm-footer-cta\" href=\"https:\/\/solutionsreview.com\/business-process-management\/bpm-vendor-map-a-guide-to-the-best-bpm-solutions\/\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-1682\" src=\"https:\/\/solutionsreview.com\/business-process-management\/files\/2019\/02\/bpm-vm-speedbump.png\" alt=\"Download Link to BPM Vendor Map\" width=\"800\" height=\"225\" \/><\/a><\/p>\n<\/div>\n\t\t<\/div><\/div><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Newgen Software recently announced the launch of an enhanced version of its document classification service for enabling the high-volume document-handling environment. The newly launched Intelligent Document Classifier 1.0 allows users to gain hidden insights by classifying documents, based on structural features and\/or textual features. The solution uses the new-age technologies, machine learning (ML), and artificial [&hellip;]<\/p>\n","protected":false},"author":43,"featured_media":1669,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[5],"tags":[41,112,194],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Newgen Releases AI and ML-Based Document Classification Tool<\/title>\n<meta name=\"description\" content=\"Newgen Software has launched an enhanced version of its document classification service for enabling high-volume document-handling environments.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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