Is there really such thing as a free lunch in automation? Parascript's Accelerator Program is as close as it gets.
PR95121
LONGMONT, Colo., March 23, 2022 /PRNewswire=KYODO JBN/ --
Let's get to the punchline: We're not interested in selling you our software.
We're only interested in delivering results.
In a day when most vendors focus on booked sales, leaving their customers to
manage the incredible costs and risks associated with achieving a successful
technology adoption project, there has to be a better way. When is the last
time you worked side-by-side with a vendor where they took on the risk of
meeting your expectations? One that didn't involve a mountain of professional
services invoices and change orders? That's no way to partner.
Parascript believes the time has come to leverage powerful machine learning
where it really counts: delivering actual results without the traditional
complexity-driven costs and risks. And we're ready to prove it.
"With our new Accelerator program, clients get a minimum of 50% cost reduction
and there is no need to buy anything", said Dawn Wood, VP of Sales at
Parascript. "No upfront capital expenditures or ongoing subscriptions. No
professional services for configuration and deployment. No ongoing babysitting
of the system. No rip-and-replace of your current technology investment."
What Makes the Program Possible?
Parascript can offer a no-risk program focused on delivered results because of
the significant investment in modernizing its capabilities targeted at
simultaneously reducing the cost and complexity associated with IDP deployments
while also ensuring high-levels of performance.
Called "Smart Learning" the system uses a variety of machine learning
techniques, each tailored to optimize a specific task. Smart learning can learn
in several different modes including unattended operating only on tagged data.
Once in production, performance is monitored in the background with no
disruption to workflow and automatically optimizes and adapts to new
requirements and data.
"Unlike other enterprise software, there has always been a barrier to adoption
with document automation, largely because ROI is based upon high levels of
precise data delivery", said Greg Council, VP of Marketing & Product Management
at Parascript. "Achieving high performance requires a lot of effort not only to
learn the software, but also to spend time and effort acquiring data sets,
configuring the system, and then optimizing it to ensure high data quality.
Smart Learning effectively turns all these manual, risky, complex efforts into
reliable, low-cost compute time."
"We carefully evaluate different machine learning techniques for each type of
task, focused on marrying optimal performance with simplicity", added Igor Kil,
Senior VP of R&D at Parascript. "This approach results in a system without the
inherent weaknesses of other machine learning solutions solely based upon one
or a few types of machine learning."
How it Works
Each engagement starts with an emphasis on key aspects required to achieve a
client's automation and cost reduction needs. From there, Parascript handles
training data collection, curation, and analysis culminating in Smart Learning
developing optimized models. We then test the system with blind test data to
verify the level of performance against client expectations. Once accepted, we
deliver the system and integrate it into your existing workflow taking care to
minimize any disruption to existing processes and workflows that need to be
preserved. Once in production, the system maintains performance automatically
with the client achieving immediate operational savings. Parascript only gets
its revenue from the cost savings verified by the client.
Want to learn more? (
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About Parascript
Parascript sells not just software, we sell actual, verifiable results that
save companies over $1B annually. Customers choose Parascript when they want to
use applied AI to achieve an optimized data capture solution with the highest
levels of reliable automation. Parascript has over three decades of experience
applying AI to solve complex problems, automating document-oriented processes
that involve over 100 billion documents each year. We have automated the postal
industry, commercial mailrooms, government elections, payments, and hundreds of
other processes. Visit Parascript (
).
Media Contact: Ariane Barragan, ariane.barragan@parascript.com, 720.731.3282
SOURCE Parascript, LLC
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