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Predictive Analytics Could Minimize Underpayment Penalties By The IRS

Smart Data Collective

As you can imagine, it is incredibly difficult for the average business owner to go through such a massive document and identify all of the tax deductions available to them. They can create a version of the tax code in digital form. Big data has made the process much easier.

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How to Run Successful Predictive Analytics Project for your Business

Marutitech

With the expanding pace of digital changes in business, most analysts are increasingly asking, “What more can we do with data to assist business decisions?” ” Thankfully, there is predictive analytics. Adopting data analytics solutions is a significant milestone in the development and success of any business.

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Fintech App Development Discover the Benefits of Using AI

Smart Data Collective

The rapid pace of digitization has caused fintech markets to boom around the world. Document digitization is one of the most time-consuming tasks that finance teams face. Using OCR for KYC processes allows you to automate the verification of documents such as an identity card, driver’s license or passport.

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Best Ways to Integrate Big Data into Your Business

Smart Data Collective

Financial data (invoices, transactions, billing data) and internal and external documents (reports, business letters, production plans, and so on) are examples of this. Big data generation is significant for enterprises transitioning from analog to digital workflows.

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How to Leverage Machine Learning for AML Compliance

BizAcuity

There are primarily two underlying techniques that can be leveraged for AML initiatives- Exploratory Data Analysis and Predictive analytics. In this case, once a customer’s documents are scanned and uploaded, the necessary data is extracted from the key documents and then converted to machine-readable form.

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Enhancing Legal Efficiency with Google Cloud AI Services for Law Firms

Inflexion Analytics

In the digital age, the synergy of law and technology has opened new avenues for legal practices. Automated Legal Document Review with Cloud Natural Language API: Legal professionals can accelerate their document review processes by utilizing G oogle Cloud Natural Language API.

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How to Leverage Machine Learning for AML Compliance

BizAcuity

There are primarily two underlying techniques that can be leveraged for AML initiatives- Exploratory Data Analysis and Predictive analytics. In this case, once a customer’s documents are scanned and uploaded, the necessary data is extracted from the key documents and then converted to machine-readable form.