Technical realization and benefits of batch document processing
Melder innovatively applies Excel's drag-and-drop fill feature to AI data processing. Users can quickly apply AI formulas to hundreds or thousands of rows of data after setting up a cell. For example, in the contract management scenario, just set up the formula for extracting company name and categorizing payment terms in the first row, and drag down to automatically process all contract documents.
Actual operational data shows that this batch processing capability brings the following benefits: 1) time cost is reduced by more than 90%, and the time to process 500 contracts is reduced from 40 hours to 2 hours; 2) the error rate is reduced to 1/5 of the traditional manual processing; and 3) data uniformity is enhanced, with the same extraction standard for all documents. Specifically for the financial due diligence scenario, the team using Melder was able to complete the analysis of financial reports that would have taken a week in one day, dramatically accelerating the project schedule.
This answer comes from the articleMelder: Add-in to add AI formula and document processing power to Excel tablesThe
