Why It Matters:
In today’s competitive business environment, modernization is key to staying ahead. With economic pressures on the rise, more companies are turning to Intelligent Document Processing (IDP) to boost efficiency. The integration of Generative AI (GenAI) and Large Language Models (LLMs) is proving to be a major advantage in this space.
IBM Datacap, a leading IDP solution, now includes the power of Watsonx.ai’s LLMs. This combination makes it easier than ever to classify documents and extract essential metadata, simplifying your workflows and speeding up your processes.
The Problem:
Extracting accurate information from vast amounts of documents is a complex task. While advancements in Natural Language Processing (NLP) and machine learning have made this easier, building and deploying these models still requires specialized skills. However, with GenAI and LLMs, there’s now a more efficient way to enhance your existing processes or create new ones from scratch.
Our Solution:
We’re excited to introduce the Watsonx.ai Large Language Model (LLM) action library for IBM Datacap. This new tool allows Datacap and Watsonx.ai to work together seamlessly, making your IDP solutions smarter and faster. By using LLMs, we’ve reduced the complexity for developers, allowing you to build and deploy Datacap applications more quickly and with improved accuracy, especially when dealing with variable forms.
If you’re an IBM Datacap user, this action library makes it incredibly easy to leverage Watsonx.ai’s LLMs for tasks like document classification and metadata extraction. Whether you’re processing invoices, bills, purchase orders, or tax forms, you can now identify document types without needing to train a model. Metadata extraction is as simple as naming the fields you need in an LLM prompt. The action library is available for download if you're using IBM Datacap 9.1.9 iFix5, provided you have a Watsonx.ai installation ready.
Why You’ll Love It:
The IBM Datacap Watsonx.ai action library is designed to bring greater flexibility and intelligence to your document processing. By combining Datacap with Watsonx.ai, you can unlock new insights and patterns from your documents, all while cutting down the time it takes to build or refine your Datacap applications.
You’ll find it’s a plug-and-play solution with easy configuration, so you can start using LLM-based extraction without needing deep AI expertise. This enhanced capability lets you automatically classify and extract key data from unstructured documents, making your workflows smarter and more efficient. And, with the ability to automate the conversion of unstructured content into structured data, your processes become faster, more agile, and more productive.