InDocPro

DITCH MANUAL DATA ENTRY

MODERNIZE WORKFLOWS WITH INTELLIGENT DOCUMENT PROCESSING

More efficient data workflows to give you a competitive advantage in this economy.

InDocPro powered by Grooper helps modernize workflows and get the maximum value out of paper and digital data through cutting edge Intelligent Document Processing. By automating document review workflows, your team can spend less time manually entering in data and more time using it. This adds structure to your data flow, increases employee productivity, and streamlines processes so you can focus on driving revenue growth.

  • Cut costs
  • Increase productivity
  • Streamline processes
  • Enhance collaboration
  • Maximize investments in data analytics software
  • Increase drilling efficiency

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HOW INDOCPRO WORKS

InDocPro utilizes machine learning to classify documents, advanced content data modeling, and table extraction techniques to extract and attach meaning to individual data elements from any source. This even includes extractions from multiple sources that contain hundreds or thousands of documents with nonstandard or changing data structures. InDocPro has the ability to use data labels contained in any report to extract the needed information. In addition, it enriches data by embedding human comprehension into documents and other unstructured data to ensure accuracy.

  • Process data where it’s stored
  • Process data from any document source – paper or electronic
  • Discover and repair imperfect data by understanding intent of the content
  • Use transparent AI for robust extraction and data integration
  • Serve as a data hub by integrating any file source or document repository, whether cloud or local, for processing or data

BENEFITS OF AUTOMATED PROCESSES

TYPES OF AUTOMATED PROCESSES
Oil and Gas Accounting Solutions

  • AP Accounting
    • JIB Statements
    • AFEs
    • Vendor Invoices and Coding
  • AR (Revenue) Accounting
    • Royalty Revenue Statements
    • Production Revenue Processing
    • POP (Percentage of Proceeds) Statements
    • Gas Balancing Statements
    • Run Tickets

  • Treasury
    • Cash Management
  • Operations (Engineering)
  • Non-op Daily Drilling Reports
  • Risk Management
  • Legal, Marketing & Lease Contracts

Other Automated Process Solutions

  • Purchase Order Matching
  • Inventory Management Transfers

FIVE PHRASES TO ENRICH AND ADD STRUCTURE TO DATA

CAPTURE: Upload data from any source. Through image processing, all contents are acquired into the software.

IMAGE PROCESSING: Once data is obtained, we clean the document up in preparation for OCR so that all text can be accurately captured.

ORGANIZE & CLASSIFY: Through OCR, we determine what type of image or content it’s dealing with. Data is identified through three different approaches to ensure maximum extraction.

COLLECT & EXTRACT: Once the type of content is determined, we collect all relevant information for that type of document, classify it, and extract it accordingly.

EXPORT & DELIVER: Once all information has been extracted and reviewed, all data can be pushed into any system that is CMIS compliant where it will be automatically organized and easily searchable.

Once mature, our models can achieve over 90% accuracy prior to human collaboration.

TO LEARN MORE, DOWNLOAD OUR ONE SHEET
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THE PARAMOUNT ADVANTAGE

Paramount introduces Intelligent Land Operations, which executes all phases of project management based on needs – from managing traditional land service initiatives to completely outsourced land departments to implementing the latest technological innovations.

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