With the help of this utility you can automatically transform large amounts of data from financial reports and other types of documents into useful information.
Monarch
Monarch is a Windows program for processing raw unstructured data and converting it to different formats. It utilizes advanced machine learning algorithms to identify and classify individual elements. Please note that the free trial version of Monarch will stop working 30 days after installation.
Data extraction
This software lets users analyze Word documents, Excel spreadsheets, PDFs and other files. It is possible to handle large volumes of data and quickly scale operations if necessary. Moreover, there are modern AI algorithms for ensuring the accuracy of all extracted information. This functionality is helpful for minimizing entry errors and maintaining data integrity.
You are able to visualize resulting information in the form of charts and graphs with the help of Autograph or another similar solution.
Potential applications
Monarch can be used in a wide range of industries. For example, there is an option to extract data from bank account reports, statements and other financial documents. Instruments for processing insurance claims and policies are provided as well.
Users can convert data values from manufacturing reports and quality control assessments to readable form as well as extract details from inventory records. It is much easier to analyze resulting information compared to raw unstructured formatting, which leads to better decision making and accurate financial planning.
Features
- free to download and use;
- offers you instruments for extracting data values from various types of documents;
- there are modern AI algorithms for minimizing the amount of entry errors;
- all output information is well structured for easier access and analysis;
- compatible with modern versions of Windows.