Spread Extraction

To identify, classify and extract Operating Expenses, Employee Benefit Expense and General Information of a Company from 10-k filing

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Overview

Financial Research Analyst can leverage this solution to bring efficiency and scalability in their document centric processes. This is an AI packed solution, that loads the 10-k filing, and then identify, classify and extract the Operating Expenses, Employee Benefit Expense and General Information of a Company from 10-k filing. FRA can see the incoming document getting auto-classified and the needed information getting extracted in a structured summary. Reviewed AI output can be integrated with your downstream systems.

Spread Financial Data Extraction

Spread Financial Data Extraction
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Taxonomy

Common Stock Outstanding

60,793,880

Employees

5325

Amortization

$11.8 million

Research and Development Expenses

$408.1 million

Advertising expense

$4.7 Million

Acquisition Expense

$643.2 million

Restructuring Expenses

$18.4 million

Section 401(k)

$10.5 million

Effective Tax Rate

21.0%

Result

3x
Efficiency

Comparably High Productivity Margin Achieved

5x
Faster processing

Reduced time of Manual Intervention in training and prediction

99%
Accuracy

High in Accuracy, almost equalling Human Intelligence

3x
Cost Saving

Economising the spending with Bigger ROI

Challenges

Extraction from correct Table or Text

Extracting a Recent year value for a Data point

Understanding the information to be extracted is difficult

Subject Matter Expert involvement is required

Benefits

One-stop AI solution for all your data extraction

Easy to verify the information extracted using deep-linking

Automated Ratio Computations

Formattable Output

See Botminds Platform In Action

Learn how Botminds Intelligent Document Process can drive ROI, reduce costs, and save time for your business.

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