Nostro is a subdivision of Nosco-Tech.
Noscotech’s subdivision of Noscotech, which holds a position as a leading innovator intelligent automation, is proud to announce the launch of Nostello SmartSense, a cutting-edge document extraction suite powered by advanced AI technology. SmartSense is designed to revolutionize the way businesses manage and process documents, offering unparalleled accuracy, real-time data processing and seamless integration capabilities.
SmartSense is designed to extract data with remarkable accuracy from both structured and unstructured documents. It can easily adapt to a variety of formats, from invoices and contracts to handwritten forms, eliminating manual data entry for your organization, reducing errors and accelerate decision-making.
“Companies are overwhelmed by information, but they are not equipped to use it effectively,” says Sheldon Halgreen, technical director at Nostero. “SmartSense was built to fill that gap and helped the team turn documents into actionable data instantly and at scale.”
Key features of Nostello SmartSense:
AI-powered data extraction – accurately extract information from a variety of document types. Universal Document Compatibility – Works in both digital and handwritten formats. Real-time Processing – Enables instant insights for quick decisions.
SmartSense already offers measurable results for early adopters, reducing processing time by up to 78% and saving hundreds of staff time per month.
A compelling example of SmartSense’s influence can be found in Standard Bank Fleet. Standard Bank Fleets use systems actively to automate the processing of fleet-related invoices. In this environment, SmartSense handles extraction and validation of large amounts of invoice data. This is processed automatically for payments and streamlines transactions of up to R100 million per month. This real-world use case demonstrates the suite’s ability to handle mission-critical processes in high-pressure environments with speed and accuracy.
“At Standard Bank, we are always looking for ways to increase efficiency, reduce friction and use intelligent tools for our teams. The launch of Nostello Smart Sense is a game changer, allowing organizations to truly focus on targets to document precision, speed and scale, supply value to clients, say to standard banks, through smart banks.
The launch represents a huge leap forward for businesses looking to automate operations, unlock hidden efficiencies and stay ahead in a competitive digital environment.
Nostello, noscotek info@noscotek.co.za subdivision (+27) 11 100 4678 https://noscotek.co.za/nostello-smartsense-invoice-extraction/
