Press release

ABBYY FlexiCapture Cloud Accelerates Adoption and Processing with New REST API and Real-Time Capture

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Sponsored by Businesswire

ABBYY, a global leader in Content IQ technologies and solutions, today
announced a series of innovations to ABBYY FlexiCapture, an AI-enabled
enterprise platform to automate document processing workflows and
convert unstructured content into structured data for better business
outcomes. The updates include the launch of the ABBYY FlexiCapture Cloud
REST API (Representational State Transfer Application Programming
Interface) and the introduction of the new Real-Time Capture technology
for real-time document processing in the cloud.

As companies strive to execute their digital transformation strategies
and look to automate processes through enablement and execution of their
digital workforce, they are challenged by the need to deploy and support
intelligent automation capabilities. Traditional on-premise models can
often present challenges to agility, as well as impact development,
deployment, and support objectives. ABBYY has addressed this challenge
by making the market-leading Content IQ platform FlexiCapture available
in the cloud. Deployed on Microsoft Azure, FlexiCapture Cloud delivers
all the benefits of its cloud services directly to customers,
developers, and ISVs through REST API and web interfaces. This way,
ABBYY offers advanced content classification, extraction, validation,
and integration to customers supporting their customer onboarding,
claims processing, new account opening, accounts payable, and mortgage
origination challenges.

“ABBYY Content IQ solutions and services are designed to empower
enterprises to automate their content-centric processes regardless of
where the data lives, in the cloud or on premises. This release is an
important step in the execution of our commitment to support customers
in their cloud implementations,” comments Bruce Orcutt, Senior Vice
President of Product Marketing at ABBYY. “The new FlexiCapture REST API
simplifies integration and use of ABBYY’s advanced capabilities all
orchestrated and driven within their core business application or
service. This expands the addressable market for the customer, offers a
modern interface preferred by developers, and enables real-time support,
which improves customer service, usability, and engagement.”

ABBYY FlexiCapture Cloud REST API allows enterprises, ERP vendors,
system integrators, and ISVs to integrate FlexiCapture as a cloud
Content IQ service inside their systems. The API makes it easy for
applications and services to submit content to ABBYY and receive
real-time responses related to data, context, entities, and
relationships. It enables customers to extract meaning from documents,
continuously train the system, and develop custom verification
processes. For example, a provider of accounts payable automation
solutions, who needs to process customer invoices in the cloud with high
data extraction quality and performance, will benefit from easy
integration via REST API. The data capture services delivered by the
REST API are running in the customer’s region of choice on Microsoft
Azure
.

Real-Time Capture released in beta makes FlexiCapture Cloud suitable for
use cases where immediate response and return of structured data are
important, such as customer onboarding, new account opening, and
mortgage origination.

ABBYY FlexiCapture Cloud provides all the functionality required to
understand and create meaning from documents by converting unstructured
content into structured, actionable information, enabling organizations
of all sizes to deliver cloud-based document processing services and
solutions. The service-automation platform classifies documents and
extracts relevant data from any document types. The robust auto-learning
capability powered by machine learning accelerates time to production
and helps organizations improve customer satisfaction. ABBYY provides
cloud maintenance and upgrades, guarantees security and compliance, and
offers 24-hour customer support included in the subscription.

Specifications and availability

ABBYY FlexiCapture is available via ABBYY website: abbyy.com/flexicapture

For more information on specifications and pricing, please contact a
local ABBYY representative.

Developers have an opportunity to test the new API via a web
portal
, where they can access the quick-start guides and code
samples to further simplify and accelerate the adoption of the AI
capabilities.

About ABBYY

ABBYY is a global leader in Content IQ technologies and solutions. ABBYY
offers a complete range of AI-based technologies and solutions
transforming business documents and content into business value. By
providing digital transformation solutions to financial services,
insurance, transportation, healthcare, and other industries, the company
helps organizations achieve the next wave of growth by understanding
customers and delivering responsive real-time intelligent systems. The
flexibility of ABBYY AI solutions enables customers to utilize a diverse
range of advanced technologies, platforms and solutions for
classification, text analytics, data and entity extraction, and data
validation via any communication channel and in any format. ABBYY
technologies are used and licensed by some of the largest international
enterprises and government organizations, as well as SMBs and
individuals. The company maintains offices in Australia, Cyprus, France,
Germany, Japan, Russia, Spain, Taiwan, the UK, Ukraine, and the United
States. For more information, please visit www.abbyy.com/company.

ABBYY and the ABBYY Logo are either registered trademarks or
trademarks of ABBYY Software Ltd. Other product names mentioned herein
may be trademarks and/or registered trademarks of their respective
owners and are hereby recognized.