Processing tax forms is a heavily digitized process with dozens of ready-made solutions on the market, but time and time again businesses find regular tools don’t handle complex tax forms effectively.
Given the high variety of tax form layouts and their overall complex nature, custom AI-based tax form data extraction solutions are the best way to go about processing tax forms. Machine learning offers powerful document processing capabilities coupled with flexibility of custom software, and can be used to create tax processing software that handles any document layout, detects input fields and their contents, and exports extracted data in a separate file for further processing.
We at Businessware Technologies have experience in developing automated tax form and insurance claim processing systems, for example, a robotic process automation (RPA) software for extracting data from insurance claims. In the demo video we demonstrate the capabilities of an AI prototype for tax form processing.
Do you want to know the total cost of development and realization of the project? Tell us about your requirements, our specialists will contact you as soon as possible.