Last week we had a client show us how much our new AI Extract feature of Grooper 2024 has increased their extraction accuracy.
They are processing hand-written insurance contracts and were already seeing accuracy rates in the high 70% range.
As soon as they turned on AI Extract to supplement their extraction logic, they saw an immediate 10% increase in accuracy. The increase was up to 20% on some forms.
Imagine turning on a new feature in Grooper 2024 and immediately getting a 10% increase in accuracy!
AI Extract is our latest innovation that leverages Large Language Models (LLMs) to help extraction.
The best part is that it’s easy to configure.
You don’t have to know anything about LLMs. First, you need to configure an LLM provider (see below). OpenAI or Microsoft Azure have models you can use.
Configure LLM Provider
Simple Accuracy Increase
Once that’s done, enable an AI-Extract “Fill Method” at the data model level.
Grooper builds the LLM prompt automatically. No need for “prompt engineering”. That’s it. Grooper uses the field names and descriptions to inform the LLM what you want to extract and how you want to extract it.
Simple.
Powerful.
And you should be using it now to increase accuracy.
Check out the full article on the Grooper Wiki. You can also check out the case study about Funeral Director’s Life and see how they leverage AI to extract data from hand-written contracts.
Grooper 2024 gives you a lot of reasons to upgrade.
