Spread Extraction

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

13 Views

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
i/o arrow

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

Request a Demo

See Botminds Unified platform in action

Please fill all form fields, to successfully submit the form