Gia Docs Wins CIOReview Top 10 Award For Its Intelligent Document Processing for Finance and Treasury

Emagia, a leading provider of AI-powered Order-to-Cash solutions, has announced that Gia Docs, its Intelligent Document Processing Solution(IDP) for Global Finance and Treasury, has been awarded by CIOReview Magazine's prominent listing of 10 Most Promising Document Management System Providers 2022.'

Gia Docs AI is a cloud solution for modern global finance and treasury teams to automate document data extraction and data entry into their financial systems. Gia Docs AI has humanlike cognitive skills to read, learn, understand, and extract data from finance documents related to the accounts receivable, accounts payable, and treasury services. These documents can come in various formats, in multiple languages, date and currency formats and may have complex table and spreadsheet data embedded in them.

Manual or RPA-based extraction is very costly and cumbersome. Gia Docs AI provides a simple, easy and cost-effective solution to process hundreds of complex financial documents in minutes and with confidence.

Global financial shared services from Unisys, ConvaTec and others are experiencing over 90% of straight-through finance document processing in over 50 countries with confidence. Key highlights of the solution include:

• Fully-managed secure cloud solution with simple sign on and with pay-as-you-use model
• AI assistant Gia for quick data extraction queries with chat and voice conversations
• Extracts data from unstructured documents like lockbox images, cheques images, remittance advices, invoices, proof-of-delivery, claim documents from retailers, bank statements
• Extracts data from semistructured electronic bank feed files in MT940, BAI2, CAMT053, EDI and other
• Extracts data from email inboxes - email body, attachments, spreadsheets
• Workbench for accounting personnel to review and correct extraction entries
• API integrations for automatic data entry into SAP, Oracle, Netsuite, Workday, SalesForce, PeopleSoft, Sage, Epicor, Infor, MS Dynamics and others
• Stores and archives documents in SolixECS, leading content storage systems
• Now available in over 15 languages including english, spanish, french, german and others

"We are glad to announce Emagia's Gia Docs as one of the 10 Most Promising Document Management System Providers 2022. Gia Docs AI, a self-learning cognitive document reading digital assistant solution, has the capability to eliminate manual data extraction from financial documents," said Justin Smith, Managing Editor of CIOReview Magazine.

"Finance document processing has always been the bottleneck for speed, scalability and agility of companies globally, impacting cost and time to working capital and financial close. With Gia Docs, businesses can use autonomous self-learning AI to experience exponential efficiency and scale in processing complex finance documents in a very simple and affordable way," said Veena Gundavelli, Founder & CEO of Emagia.

GiaDoc AI is available for free sign-up at https://www.emagia.com/products/gia-docs/

The recognition adds to a string of awards and accolades received by the company in the past, including Top 20 Accounts Receivable Solution Providers 2020, Leader in IDC's MarketScape for Enterprise Accounts Receivable Automation Applications, Top 10 Fintech Solution Providers by CFO,... to name a few. Many leading analyst firms, including Gartner, Forrester, and IDC, have recognized Emagia as the leader in the Enterprise Accounts Receivables Automation space.

Shares of TechNVision Ventures Limited was last trading in BSE at Rs. 273.75 as compared to the previous close of Rs. 260.75. The total number of shares traded during the day was 888 in over 27 trades.

The stock hit an intraday high of Rs. 273.75 and intraday low of 273.75. The net turnover during the day was Rs. 243090.00.

Source : Equity Bulls

Keywords

TechNVisionVentures Solix ITSoftwareProducts Emagia AI CIOReview Top10Award IntelligentDocumentProcessing