Blog - TEAM IM

Core Capabilities of ABBYY Vantage for Intelligent Document Processing

Written by TEAM IM | Oct 10, 2024 2:54:41 AM

ABBYY has long been an invaluable partner for organizations that need to process a wide range of documents. FlexiCapture is one of the most well-known optical character recognition (OCR) programs on the planet—but that’s just the tip of the iceberg.

Over the last several years, ABBYY has developed, deployed, and updated a program called Vantage that expands their reach into the realm of intelligent document processing. By leveraging the strength of their OCR capabilities to bolster document processing functions, ABBYY Vantage has become an incredibly powerful tool.

The list of ABBYY Vantage capabilities is large. Vantage allows the client to utilize machine learning and artificial intelligence alongside data capture tools to smoothly transition data from documents into your processing workflows.

So just what are the core capabilities of ABBYY Vantage and how do they contribute to stronger, more intelligent document processing? And how can you best incorporate these tools and functionalities into your processes?

Cognitive Data Capture

As we look at the core capabilities of ABBYY Vantage, we need to begin at the start of the chain of actions that makes up intelligent document processing. That means we need to look at what exactly constitutes cognitive data capture.

Vantage’s cognitive data capture process begins with ABBYY’s trusted OCR functionality. Using AI-enabled software, ABBYY Vantage breaks down the information on a document into objects that can be extracted and classified automatically, thanks to machine-learning.

This method of data capture is central to just about the entire list of ABBYY Vantage capabilities. It allows the user to pull information from structured, semi-structured, and even unstructured documents in any recognized language.

Basically, ABBYY Vantage is able to recognize the text and structural layout of a document. It then assigns that document a classification that determines what skill will be applied to the document for processing.

It is through cognitive data capture that intelligent document processing is possible because the data capture allows Vantage to extract the information and insights required to complete the processes that you are seeking to automate.

Any document processing platform needs some form of data capture. Where ABBYY Vantage has a leg up on other platforms is that it comes from one of the foremost names in automated data capture—don’t forget, ABBYY has long been an industry leader in this area thanks to FlexiCapture.

Integrating Machine Learning and Artificial Intelligence

The cognitive aspect of cognitive data capture is tied to the use of artificial intelligence (AI) and machine learning. An OCR program can recognize key fields of data, but in order to translate that recognition into categorization and automation, the software needs to be able to learn what information is important and where to send that data once it has been captured.

By utilizing machine learning in document processing, ABBYY Vantage is able to adapt to your document processing needs as they incorporate volumes of varied documents. This can include processing structured or unstructured documents.

And with the power of large language model (LLM) AI, natural language processing can be used to pull relevant data from wholly unstructured formats like emails or even handwritten letters. The AI can find the key terms, phrases, and numbers and shift them into objects that machine learning algorithms can categorize and advance along document processing workflows.

ABBYY has also worked to resolve issues that have traditionally been problematic for OCR programs that operate in conjunction with AI—documents with complex backgrounds or watermarks. Using pretrained models, ABBYY Vantage can overcome the image quality problems that drag down other intelligent document processing platforms.

That means that, whether you are working with structured or unstructured documents, handwritten data, or even complex documents such as state IDs or birth certificates, ABBYY Vantage capabilities can combine to bring your data into your processing pipeline.

Document Classification and Categorization

As we look at the various ABBYY Vantage capabilities that make it such a valuable platform, the classification and sorting of collected data has been mentioned more than once. So how does that work?

ABBYY Vantage features cognitive skills that can be applied to every document your organization processes. Out of the box, Vantage has many of these skills pre-trained in its systems. These are skills that would handle processing some of the most common kinds of documents an organization might encounter.

The skills that Vantage utilizes are put into use based on recognized document types. Information is identified and collected, then that information is brought into the processes for the appropriate, recognized document type.

If the same information is required for invoice processing and business insights analysis, ABBYY Vantage will pull that data and input it into the relevant processes for each. Vantage comes with around 150 pre-trained skills—though more are being developed all the time.

But what happens if you need to adjust your processes to include a new kind of document that does not have any pre-trained skills in the Vantage database? Don’t worry. ABBYY Vantage capabilities include no-code options so that even someone without software development experience can create customized skills.

Creating a new cognizant skill means leveraging the power of Vantage’s OCR and natural language processing for data collection. You then use machine learning best practices to train the AI to follow a set of rules for each data object so that the information is run into the correct processes.

It is these skills that combine the individual parts of ABBYY Vantage into valuable tools that bring intelligence to your document processing. These skills are at the center of Vantage’s ability to classify and categorize key data.

Advanced Data Extraction and Processing

The great thing about the skills that power ABBYY Vantage, is that they are not limited to facilitating quick and efficient document classification and categorization. There are actually several categories of skill that you can use to automate your document processing.

We start with core skills. These are the building blocks. Technically, the OCR and tools associated with cognitive data capture are these kinds of skills.

Then there are the framework skills. This is where specific data fields get recognized and labeled so that those objects can be moved to the proper process pipelines.

Additionally, there are production skills. The production skills are the skills that have been trained to actually take the data that has been pulled from a document and move it along in its process. 

Finally, there are process skills. These skills have been developed with business logic to allow for more complex tasks than a framework or production skill might entail. Process skills are developed to handle more complex requirements through the creation of multi-step processes.

By utilizing the pre-made skills, personalizing those skills, and creating new skills to address needs unique to your organization, you can create automated functions that will ease the workload on your teams for both simple and complex data extraction and processing tasks.

Integration with Your Enterprise Systems

All of the ABBYY Vantage capabilities in the world wouldn’t matter if the software didn’t integrate with your enterprise content management system. If your AI runs into a brick wall every time it tries to move data to the relevant application, you are wasting your money.

Vantage has APIs ready to go for many of the most common enterprise platforms. It is designed to integrate with leading robotic process automation (RPA) programs—including BluePrism and UiPath among many others.

But even if you use all the leading software, there will still be opportunities to create an API that works even more smoothly than an out-of-the-box option. Partnering with a group like TEAM IM can ensure that your ABBYY Vantage integration is optimized across platforms, allowing ABBYY Vantage to facilitate document processing automation all throughout your system.

TEAM IM’s experts are well-versed in all things enterprise document management. We have been partnering with ABBYY for years now and have facilitated cloud migrations and document processing optimization projects for clients all over the world.

TEAM IM will also keep in contact with your teams to help them ensure that they are making the most out of all of the ABBYY Vantage capabilities available to them. 

A Brief Review of ABBYY Vantage Capabilities

We have looked at a range of core capabilities that your organization can leverage towards more efficient, intelligent document processing. Each of those capabilities ties into the next to create a powerful tool.

  • Robust AI: ABBYY Vantage can recognize document types, and extract data from structured, semi-structured, and unstructured documents with ease.
  • Machine Learning: While Vantage does not rely on templates, it can learn to recognize more and more kinds of documents as you use it and your organization grows.
  • Fast Implementation: With a host of ready-made APIs and the ability to custom build more, ABBYY Vantage can slide into your document processing workflows with minimal hassle or interruption.
  • Constantly Growing Repertoire of Pre-Learned Skills: As Vantage continues to prove its value, the number of skills any user can utilize increases.
  • Ability to Create Custom Skills: Every organization has unique needs, and sometimes the pre-learned skills aren’t enough. That’s why Vantage has a no-code/low-code option to create skills designed to handle your document processing needs.

An important factor to recognize about these ABBYY Vantage capabilities is that they aren’t limited to what they are capable of when you first install the program—their functionality expands as you use them.

As you develop more skills for your AI to incorporate, you increase the number of tasks that you can automate. That means that your team can focus on high-level tasks that require analyzing and utilizing your data instead of spending all their time on repetitive data entry tasks.

ABBYY Vantage allows you to expand your automation options—think of end-to-end automated document processing. 

And all the while, you are able to react to your customers’ needs and requests with a speed that your former, less intelligent document processing capabilities could never approach. 

It’s Time to Take Advantage of Vantage

ABBYY has been around for a long time and the reputation of tools like FlexiCapture speak for themselves. ABBYY Vantage takes that approach of reliability and innovation to the next level and beyond.

The various, invaluable ABBYY Vantage capabilities we have looked at today cover a wide range of functions. They can be leveraged to help automate invoice processing, payroll and employee onboarding processes, logistics and shipping documentation, insurance claims, and on and on.

Read More: TEAM IM Debuts ABBYY Vantage Connector for the M-Files Document Management Platform

By partnering with TEAM IM, you can have your ABBYY Vantage up and running quickly—including customized APIs, workshops and training sessions to help your teams understand how to optimize their Vantage operation, and an opportunity for a long-term service partnership.

Intelligent document processing is the future and the future is now. By utilizing ABBYY Vantage, you can make your data work for you in ways that will help your organization operate more smoothly and efficiently than ever before.

Don’t let this opportunity go to waste. Reach out to TEAM IM to make ABBYY Vantage a key part of your document processing today.