Systango Launches YLabs IDP: Transforming Document Processing with GenAI

Systango specialises in providing Web3, GenAI and Cloud services. We leverage cutting-edge technologies like blockchain and AI to transform business operations. With over 18 years of experience, we serve startups and enterprises alike, delivering measurable results. End Quote

(1888PressRelease) June 27, 2024 - Systango, a prominent digital engineering company, proudly announces the launch of YLabs IDP, an innovative Intelligent Document Processing (IDP) solution powered by Generative AI. YLabs IDP is designed to transform how businesses handle extensive documents such as contracts, reports, and agreements, offering unparalleled efficiency, accuracy, and security as one of the best business intelligence tools on the market.

It leverages advanced AI technologies, including Natural Language Processing (NLP), Optical Character Recognition (OCR), and Generative AI, to extract valuable insights from documents. This AI-powered business intelligence platform enables users to engage in natural language conversations, ask questions, and receive instant, actionable information, facilitating faster and more informed business decisions.

Key Features of YLabs IDP:
- Effortless Document Processing: Automates the classification, extraction, and analysis of data from documents, significantly boosting productivity.
- Intuitive Q&A: Enables users to interact with documents using natural language, receiving immediate answers to their queries.
- Prioritised Data Security: Ensures data privacy by processing only essential document context and securely storing documents in private or on-premise storage.
- Data Accuracy: Provides reliable and trustworthy insights, preventing inaccurate data assumptions.
- Customisable LLM Compatibility: Supports various open-source Large Language Models (LLMs) such as GPT, Gemini, Llama2, and Falcon.
- Flexible Deployment Options: Offers on-premise, SDKs, or private/hybrid cloud solutions hosted by leading providers like Google Cloud, AWS, and Microsoft Azure.

Vinita Rathi, CEO of Systango, stated: “YLabs IDP exemplifies our commitment to innovation and client satisfaction. This solution addresses critical business challenges, from manual data entry to data breach risks, enabling businesses to process documents at high speed and make smarter decisions with our intelligent document processing solutions.”

Benefits of YLabs IDP for Businesses:
- Efficiency: Reduces document processing time by 80%.
- Accuracy: Ensures high data accuracy and reliability.
- Security: Maintains robust data security, minimising breach risks.
- Scalability: Easily scales to handle large and complex data extractions.
- Cost-Effectiveness: Offers a cost-efficient solution compared to manual processing.

YLabs IDP is a prime example of intelligent automation in the realm of document processing. As a comprehensive IDP solution, it helps businesses overcome common challenges such as manual data entry hindrances, difficulty in extracting valuable insights, and data breach risks. By processing documents at a high speed, YLabs IDP enables businesses to gain insights, analyse data, and make smarter decisions within seconds.

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