Use cases > Financial reporting > Balance sheet > Momentum IoT

Automate Balance sheet Document Processing with Momentum IoT in 2 minutes!

Don’t transfer data from the Balance sheet manually into Momentum IoT, let AI do it for you. Manual Balance sheet data entry and traditional OCR solutions are slow, expensive and error-prone. Most importantly, they waste valuable employee talent.
Rossum’s unique computer vision technology reads the Balance sheet in a way that ensures fast data capture and greater accuracy with repeated use. Reduce costs. Eliminate tiresome data entry. Turn your team into a driver of efficiency and growth with Rossum.

Software programs such as Momentum IoT are all beneficial to companies. However, manual data entry for these programs is tedious, dull, and stressful. Rossum's AI-based software gives you the power to automate data extraction. This replaces 90 percent of human labor requirements for these processes. The result of using Rossum's software is that you can save time, save money, and free your staff from the majority of the draining data entry tasks. Employees can be shifted to other important tasks once you have the software installed and running. This can help to make your company attractive.

Rossum is an AI document gateway that solves four key steps in document-based processes simultaneously: receiving documents across multiple channels, automated understanding, two-way communication for exception resolution, and acting on the data using in-depth integrations.

In typical real-world scenarios, Rossum’s proprietary AI engine outranks narrower data extraction solutions in accuracy. Meanwhile, Rossum’s platform automates document communication processes end-to-end. Rossum’s goal for every use case is at minimum a 90% document processing speed increase.

Rossum is ISO 27001 certified and HIPAA compliant, with enterprise-grade SLAs ranging up to a 99.9% uptime guarantee and 24/7 support.

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