What is Rossum AI Document Processing
Rossum is an intelligent document processing (IDP) solution that uses advanced AI and machine learning to automate complex transactional workflows. Founded in 2017 in Prague, Rossum aims to transform how businesses handle documents by eliminating manual data entry and streamlining document-centric processes. The platform is designed to be managed by business users rather than IT teams, offering a low-code, template-free approach to document automation across industries like finance, manufacturing, and logistics.
How does Rossum AI Document Processing work?
Rossum's AI-first platform leverages a proprietary large language model (LLM) trained on millions of transactional documents to understand and extract data from various document types and layouts without requiring templates. The system covers the entire document lifecycle, including pre-processing (document classification, spam filtering), data capture, validation, post-processing (automating calculations and communications), and reporting. Its cognitive data capture technology mimics human document understanding, adapting to different styles and formats. The platform also incorporates human-in-the-loop validation, allowing users to review and correct extracted data efficiently through an intuitive interface.
Benefits of Rossum AI Document Processing
By implementing Rossum, businesses can significantly reduce manual workload, with some customers reporting up to 82% reduction in manual tasks. The solution increases accuracy in data extraction, speeds up document processing times, and improves overall efficiency in transactional workflows. Its cloud-native architecture ensures scalability and accessibility, while the low-code interface allows for easy customization without heavy IT involvement. Rossum also provides built-in analytics and reporting tools, enabling businesses to gain insights into their document processing operations and continuously optimize their workflows. The platform's ability to learn from user interactions means it gets smarter over time, further enhancing automation capabilities.
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