The AI Summit New York

2024 Agenda

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ABBYY: unLEASING AI - Redefining Document Processing with Generative AI [Booth: 347]

Dec 12, 2024
The AI Demo Agenda

Experience a groundbreaking demonstration of highly unstructured commercial lease agreement data extraction powered by Generative AI coupled with Intelligent Document Processing. This demo highlights the seamless integration of IBM watsonx and ABBYY Vantage, showcasing how a leading quick-service restaurant franchise is revolutionizing its compliance operations by automatically processing 30,000+ lease documents annually. The application extracts 120+ fields from each 40+ page lease 72% more accurately, 83% faster and at 86% less cost than previous manual efforts.  

Witness how these advanced technologies automate complex workflows, drastically reducing manual errors and labor-intensive tasks to complete regulatory filings. The innovative solution excels in handling diverse document types and languages, offering precision and speed in managing complex lease agreements. By leveraging AI, the franchise not only enhances accuracy but also achieves significant efficiency gains, allowing more time and resources to be allocated to strategic initiatives. 
 

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