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hello and welcome to the second episode of AI for business today we are going to talk about invoice processing using image classification and textual analysis this specific projects is applicable to most businesses since enforcing is at the core of every enterprise please remember that the focus of this video is on the business solution that AI provides not on the technology behind it so let's look at what problems this application will solve first and foremost it will be a massive time-saving according to research 41% of all invoices are still processed manually secondly the application will improve the speed at which enforcers are processed and paid another important benefits by using this application and depending on size is the massive financial saving and lastly error rates caused by human interaction can be reduced and this will lead to an increase of quality and accuracy now let's look at how an invoice is processed manually the invoice is received either paper-based or as an a...
