Country for PR: United States
Contributor: PR Newswire New York
Wednesday, March 23 2022 - 06:22
AsiaNet
Is there really such thing as a free lunch in automation? Parascript's Accelerator Program is as close as it gets.
LONGMONT, Colo., March 23, 2022 /PRNewswire-AsiaNet/ --

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? ( 
https://c212.net/c/link/?t=0&l=en&o=3477903-1&h=2821508628&u=https%3A%2F%2Fwww.parascript.com%2Ftechnology-services%2Fparascript-accelerator-program%2F&a=learn+more 
) 

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 ( 
https://c212.net/c/link/?t=0&l=en&o=3477903-1&h=1745892422&u=http%3A%2F%2Fwww.parascript.com%2F&a=Parascript 
).

Media Contact: Ariane Barragan, ariane.barragan@parascript.com, 720.731.3282
 
SOURCE  Parascript, LLC
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