Automatically Read and Extract KYC Forms Using Documents with GPT
by
Jason Dzamba - May 23, 2023
In this example, we show how to use Documents with GPT to automate the process of reading, classifying, and extracting data from KYC forms. The AI functionality is now standard on the OpenBots business automation platform.
Learn more about the OpenBots Platform
Documents with GPT
Documents uses GPT technology, machine learning, and artificial intelligence (A.I.) to classify and extract data, and users can customize the output by renaming or deleting fields.
It’s used in tandem with bots (digital workers) to extract data from documents and bring it automatically into any system or application using robotic process automation.
Watch the video to see how the tool automatically extracts relevant fields using dummy data from this sample KYC form.
Documents with GPT Capabilities
Documents with GPT can instantaneously extract relevant fields from the document and be customized to save consistent output every time. The output can be exported as Excel, JSON, or straight text.
The tool uses GPT technology and Al to extract fields automatically, which is a significant improvement over IDP engines requiring months of training data. It also has advanced functions such as face detection and the ability to recognize human subjects in the document.
The chat feature is also helpful for various tasks—you can ask your document questions in real-time, like names and numbers, or even create a report or summary of the main points in the document.
Get Started with Documents with GPT
You can try Documents with GPT for free with our 30-day trial. Registering your company only takes a minute, including $99 usage for Documents and access to RPA Builder, Cloud Orchestration, and Business apps.
Need help preparing your organization for an automated future? Talk to our experts for a free automation consultation.
Share This
About Jason Dzamba
Director of Media Relations, Productivity Strategist, and Host of Inside the Bot Podcast, Jason uses a process-driven approach to help leaders optimize their actions and achieve their most important business objectives. His creative outlet is painting abstract art and producing music. He lives in Orlando, Florida, with his three kids.
Share This
Recent Posts
Related Blog Posts
OpenBots Launches Suite of AI Agents for Autonomous Revenue Cycle Management
OpenBots Inc. is transforming healthcare financial operations with the launch of its AI-powered suite of eight Autonomous Revenue Cycle Management (RCM) Agents…
Agentic AI in Banking: Ten Transformative Processes to Automate
The banking industry is changing rapidly with the tech revolution, and modern technologies like Agentic AI are at the centre […]
Hospital Automation – Eleven Processes You Need to Automate
Explore Hospital Automation and Eleven Processes You Need to Automate. Discover how RPA and AI are transitioning healthcare operations, patient care, and efficiency, all while maintaining a human touch.
