Key Project Highlights
9+
years
ongoing engagement length
80%
reduction
in manual effort
97%
accuracy
in data extraction
Client Overview
Excosoft is a Swedish technology company specializing in technical documentation solutions. With decades of experience in document management and digital transformation, Excosoft provides enterprise-grade solutions to help businesses automate, optimize, and manage large-scale documentation processes.
Project Overview
Excosoft partnered with Neurond AI to develop an AI-powered document automation solution that streamlines data extraction from PDF technical documents and converts it into a Flex file format. By leveraging computer vision, OCR, and natural language processing (NLP), the project significantly reduced manual effort, improved accuracy, and enhanced document processing efficiency.
Challenge
Excosoft faced challenges in automating data extraction from PDF-based technical documents, which required:
- Eliminating Manual Data Entry – Reducing human intervention in converting documents to the Flex file format.
- Improving Data Accuracy – Ensuring high-precision extraction of text, tables, and layout structures.
- Optimizing Efficiency – Processing large volumes of documents in real-time with minimal errors.
Solution
Neurond AI provided a custom AI-powered solution tailored to Excosoft’s document automation needs, utilizing cutting-edge computer vision and NLP techniques to optimize PDF data processing.
1. AI-Powered Data Extraction & Automation
- Developed an AI model using computer vision and OCR to extract text, tables, and layout structures from PDF documents.
- Applied rule-based NLP and clustering algorithms for contextual analysis and human-like reading of documents.
2. Intelligent Layout & Table Detection
- Implemented layout detection models to understand and segment PDF elements effectively.
- Integrated table detection algorithms for structured data extraction and formatting.
3. Seamless Conversion to Flex Format
- Designed a document transformation pipeline to convert extracted data into the required Flex file format automatically.
- Ensured high data integrity with minimal errors during conversion.
Technologies
The Outcome
Neurond AI’s collaboration with Netwealth has delivered outstanding results:
- 50% Faster financial insights & decision-making with AI analytics.
- Real-time predictive analytics & market forecasting.
- Enhanced security & compliance using AI-powered fraud detection.
- Scalable hybrid AI infrastructure for future growth.
- Competitive edge in Fintech through continuous AI-driven innovation.
Client Feedback
“Our partnership with Neurond has been instrumental in driving data-driven success. Their expertise in data science and analytics has consistently exceeded our expectations. Building on this strong foundation, we confidently partner with Neurond in our AI initiative. The flexibility of their AI consulting service and the ability to translate complex concepts into business value is truly impressive. We look forward to many more years of innovation and growth together.”