Automated Document Classification
Explore the traditional and the newest document classification techniques from rules-based classification to cognitive classification with the associated use cases in this eBook.
Classification and separation of documents is critical for many business processes from mortgage processing to accounts receivable. Regardless of whether a process is key to revenue generation or a supporting function, the need to effectively and efficiently manage, classify and organize documents to support a given process becomes more challenging as the complexity and volume of data increases.
The diversity of documents creates additional issues in accurately identifying the variety of documents created inside and outside of the organization.
Organizations are looking to better classify and group documents to:
- Sort and separate incoming documents to facilitate specific business processes.
- Identify documents that are governed by regulations requiring proper retention.
- Identify documents that are part of a legal action.
- Prevent certain documents or information contained within them from being sent or transmitted outside of an organization.
This eBook discusses the various document classification techniques, their strengths, their weaknesses and the resulting use cases appropriate for each of them.