Kanverse.ai launches Opal release with platform enhancements

With the Opal release, the Intelligent Document Processing (IDP) vendor introduces overall platform enhancements and combines its patented multi-stage Al engine with the latest large language models (LLMs) to cover a wide range and complexity of unstructured, semi-structured and structured documents.

Kanverse.ai, an Intelligent Document Processing (IDP) vendor, announced on June 10, 2024, the launch of Opal, its latest release, which brings overall enhancements to its IDP platform as well as combining its core AI engine with the latest large language models (LLMs), including OpenAI/ChatGPT, Azure OpenAI, Google Gemini and Anthropic Claude.

Dr. Akhil Sahai, Chief Product Officer at Kanverse.ai, explained: “In the Opal release, we have further enhanced our offering with a meta-model framework that combines the core AI engine with the enterprise versions of the latest LLMs, namely OpenAI GPT, MS Azure OpenAI, Google Gemini, and Anthropic Claude. This cutting-edge meta-model framework allows us to leverage AI and Generative AI, ensuring the best possible extraction accuracy across the widest range of document types and complexity. You can be supremely confident in the capabilities of our industry-leading offering.”

In addition, Kanverse.ai now offers AI-powered workflows, a new business rules library menu, advanced search and bulk retrieval, and new AP invoice automation features (including simultaneous user notification in the document viewer, Multi Table support in invoices, and support of documents in ZIP files for ingestion).

Prior to the Opal release, the IDP vendor had made improvements to the platform with the Nephrite release last December and expanded the existing product suites with new features for accounting (optimized AP invoice automation and optimized AP vendor management), insurance, B&FS and user support.

Headquartered in San Jose, California, Kanverse.ai’s Intelligent Document Processing (IDP) solution digitizes document processing for enterprises from ingestion, classification, extraction, validation to filing. Kanverse.ai’s product suite offers solutions for enterprises in AP invoice automation, insurance document processing, sales order automation, as well as banking and financial services.

You can find the full press release here.

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