CONTROL TIME WITH DOCMATIC
Every day, you are exposed to 34 gigabytes of information, the equivalent of five 2-hours long movies. Every day. Each day.
Every day, your mind absorbs 10 hours of vivid, alien information.
It's the radio news at home in the morning. It's the emails and the reports at work. The daily flow of advertising, sounds, music, images, and pictures surrounds us.
So, we're asking you: do you have time?
Do you have enough time to take in all of it? To understand, process, analyse and learn from it?
Do you have enough time for all of that information?
Thanks to Docmatic, now you do!
But, what really is information?
Information is stimuli that have meaning in some context for the person that receives them. When information is stored or treated in a computer, it is called data. When information is used or compiled to understand things, it becomes knowledge.
Information allows us to grasp more effectively the world that surrounds us.
At Docmatic, we think information is the fuel that powers your company. We made it our job to provide companies with insightful data and help them take their best decisions.
In 2018, our company was involved in a project that aimed to analyse hundreds of proxy statements. Our client asked us to extract information such as meeting dates, management board names, salaries amount and claw-back policies.
Such projects are costly in time and money. It takes two people two days to analyse an 80-pages document containing 250 critical values. The average cost of analysis for this document exceeds $450.
The major problem was insufficient accuracy (below 70%), which means that 1/3 of the data were not found or were found incorrect. With a traditional approach, the budget required for this project would have been tens of thousands of dollars!
But we didn't do that. We decided to create a machine-learning model capable of analysing all of our clients' documents in one go. We shortened the time needed to one hour and boosted the accuracy up to 90%. And the budget? Just a couple of thousands of dollars.
There we were, with a powerful and efficient engine and a more than satisfied customer! Docmatic is document-understanding made automatic.
If, like us, you do not have time to read every report's page and would like a tool more powerful than executive summaries, request a demo of Docmatic.
LUKASZ MALICKI, CEO
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In the meantime, we don't leave you hanging and will address all your problems and answer all your questions. Do you need a demo or are you interested in seeing what help we could provide to your business? Just drop us an email at firstname.lastname@example.org or click here.