Axis Technical Group, the company that helps clients align their path to growth, today announced the availability of Axis Smart Data Extraction™ for Land and Title documents. This new subscription service provides a cost-effective approach for companies looking to improve efficiency by accelerating the process of how data is extracted from unstructured documents.
Despite the progress achieved in moving away from the paper-based, manual processes that are still part of Land and Title transactions, the complete transition to paperless has not yet been completed. Examples of these documents include deeds, mortgages, assignments, releases, and modifications. These and other industries still rely on manual data entry and validation processes. Artificial Intelligence is gaining favor to help accelerate this transition, however, substantial challenges exist in effectively applying this technology – until now.