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SaaS platform for automated categorisation and mapping of digitised documents using machine intelligence semantic extraction

Objective

Today, enterprises, consultants and clerks manually process data from arbitrary documents (such as insurance policies, contracts, claims, etc.) to enter the necessary process data into their core ERP systems. As a result, it still relies on the physical availability of employees, and is therefore hardly scalable and sensitive to human error. Automation of document processing operations is challenging due to the variety of processes involved, the requirement for high-level recognition technologies, high demands on accuracy, and the versatility of enterprise IT systems.

Qidenus Group GmbH was founded in 2015 in Berlin, offering innovative software-based document management services. It has been our mission to support archives and operational processes to unlock information from all types of documents with our SearchInk technology, which combines Machine Learning, Semantic Processing and Layout and Structure Analysis.

Now, we want to implement SearchInk into the B2B-market by offering omni:us, a highly scalable, digitalised SaaS-platform for automated data classification, extraction and the hand-over process to core ERP-systems in the business segment of Claim Management as beachhead market.

Thanks to the performance of omni:us, the efficiency, speed and quality of data extraction and archiving will be dramatically increased, resulting in reductions of working time to <5% and costs up to 90%. The use of omni:us will offer enterprises a 100+% increase in turnover, 85-95% reduction of labour time spend, and automatically declining error rates (<5%).

In this Phase 2 project, we intend to further deploy the omni:us SaaS architecture from a technological perspective with improved SearchInk technology performance, and Claim Managementspecific functionalities in a SaaS environment. Also, to grow our business, we want to create API´s to expand the compatibility with common ERP-systems and develop the market to ensure successful market launch.

Fields of science (EuroSciVoc)

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Programme(s)

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Topic(s)

Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.

Funding Scheme

Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.

SME-2 - SME instrument phase 2

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Call for proposal

Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.

(opens in new window) H2020-EIC-SMEInst-2018-2020

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Coordinator

QIDENUS GROUP GMBH
Net EU contribution

Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.

€ 1 549 394,00
Address
PERLEBERGER STRASSE 42 C 10
10559 BERLIN
Germany

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SME

The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.

Yes
Region
Berlin Berlin Berlin
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
Links
Total cost

The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.

€ 2 213 420,00
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