Welcome, superheroes!

This week is all about saving time and organizing your knowledge.

But first, we’d like to make you aware of yesterday’s announcement by OpenAI, introducing GPT-4o and ChatGPT’s new capabilities for free users, like:

• Data analysis,

• File uploads,

• Photo input,

• Voice interaction,

• Chat memory, and ….

• Access to GPTs in the GPT Store!

Great news; this means that everybody (even without a paid subscription) can finally use all of our AI Systems, built to supercharge your work and content creation! 🥳

So with no further ado, today’s topics:

• AI tools for document processing

• Intelligent document processing trends

• Save time and chat with your documents

• Thomson Reuters’ Document Intelligence

Now let‘s stop wasting time and get into it!

🛠️ AI Tools

AI Tools to Streamline Document Processing

Intelligent document processing transforms business operations by cutting down manual work across various document-centric tasks.

Today, we showcase Super.AI, Rossum, Datakeen, Document AI by Google, and Microsoft Syntex.

Let’s have a closer look at Super.AI, which transforms document workflows and offers custom and scalable solutions.

💡 Here are some highlights and tips:

• Utilize bulk processing to handle large volumes of documents simultaneously.

• Customize workflows to adapt processes to your business needs.

• Use built-in analytics for insights on processing efficiency and data accuracy.

• Train staff on system features to maximize user engagement and productivity.

• Implement a feedback system to continuously improve data handling.

These tools bring unprecedented efficiency and accuracy to document processing, significantly improving business workflows.

What are the current trends on the intelligent document processing market? Keep reading to find out. 👇

📈 AI Trends

Intelligent Document Processing Trends

Intelligent document processing (IDP) reduces operational costs and errors, leading to its increased adoption by organizations.

IDP involves steps from ingesting and preprocessing various document formats, classifying and extracting relevant data, validating accuracy, to integrating data into systems.

The IDP Market is projected to grow from USD 1,933.5 Million in 2023 to USD 17,826.4 Million by 2032, at a 28.9% CAGR.

The banking, financial services, insurance (BFSI) sector, facing document management challenges, is expected to dominate the IDP market share.

As IDP continues to evolve, organizations across sectors, especially BFSI, stand to profit significantly from its efficiency and accuracy enhancements.

Now you must be asking yourself: “How can I get started?” Read on to learn a simple way to start talking to your data. 👇️

👨‍🏫 Learn with Us

Save Time and Chat with Your Documents

Be it on a local drive or online, we all have our digital knowledge bases to lean on. Sifting through them to get the info you want can be a real hassle.

With generative AI, we now have the ability to literally talk with our data. One of the simplest way to do that is to use ChatGPT with uploaded documents.

Here’s a prompt to pair your document upload with. 👇️

### Instructions  
You are an expert research analyst. Your job is to answer questions using the uploaded files as your knowledge base. Your answers should be detailed and clear. You will always go through all sources to provide the best possible answer. Avoid answering the question if the files do not contain the answer. Simply answer "The files do not contain the answer".

### Output format  
You will answer each of my queries in the following format:  

*Answer*  
[Answer to my question in less than [number] words]  
*Citations*  
>_[{Citations} to support the answer in less than [number] words, use all possible sources]  
*Locations*  
_[The files and page numbers where the {Citations} are located]_  

Are you ready to begin?

How about we try this with some LinkedIn knowledge to guide future growth?

We’re going to use the prompt with Algorithm Insights 2024 and a few carousels from LinkedIn greats: Jasmin Alic and Nick Broekema.

Here are some examples from chatting with our files.

So now you can save time sifting through your documents. Plus, with citations, you have less chance that ChatGPT is just faking an answer based on its own knowledge.

💡 Pro Tip:

To save even more time on your favorite documents, take the provided prompt, create a custom GPT and link the documents to it. Remember to keep it private!

That way, you’ll have a tailored research analyst ready to go at any time. No re-prompting, no re-upload needed.

Businesses are already adopting similar approaches. Read on to learn how Thomson Reuters is cutting time on document reviews with their new tool. 👇️

💡 AI Business Innovations

Thomson Reuters’ Document Intelligence

When it comes to legal documents, due to the complexity of the information, there’s often a lot of time investment required by skilled professionals.

The review process can be slow and error-prone, often resulting in missed critical issues.

• Often only a subset of documents are reviewed.

• Junior attorneys take weeks to summarize contracts.

• Different attorneys can lead to inconsistent review results.

Document Intelligence, aims to change that by automating thorough document analysis.

🗝️ Key Benefits

• Cuts due diligence time by up to 70%.

• Automates tasks, reduces overall costs.

• Helps firms capture more client spending.

• Ensures deeper, consistent document reviews.

• Provides data-driven insights for strategic advice.

Here’s how it works with contracts. 👇️

📈 Results

Customers that have used Document intelligence reported the following results:

• Saved hundreds of hours.

• Legal project timeline cut from 2 years to 2 months.

• Important information uncovered in seconds to minutes.

Solutions like Document Intelligence clearly show that, with AI in your document processing, a lot of $ can be both saved and made.

🎁 Free Resources

As our subscriber, you have free lifetime access to exclusive resources.

🔬 AI content systems lab — Exclusive content creation GPTs.*

📚 AI resource bank — Ultimate DALL-E ebook, cheat sheets, and guides.

*ChatGPT Plus subscription no longer required.

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