EDAC Systems Releases the Latest Version of ReadScript, an Advanced Handwriting Recognition Module

By CIOReview | Wednesday, August 26, 2015

FREMONT, CA: EDAC Systems, a system integrator and software developer, has released the latest version of ReadSCRIPT powered by Parascript, an innovator in advanced data location, extraction and classification. ReadSCRIPT incorporates a number of Parascript technologies that are now available for IBM’s Datacap document capture platform.

This new edition of ReadSCRIPT features the new handwriting learning module, expanded dictionaries for validation, improved unstructured handwriting keyword spotting and phrase classification and enhanced check processing extraction capabilities.

“Expanding our collaborative partnership with EDAC has really helped introduce these powerful capabilities to IBM customers. EDAC has a deep-level of understanding of both customer needs and how to solve them with a combination of IBM and Parascript technologies along with their own software. The result is a well thought-out solution. We’re proud of our relationship with EDAC,” says Mark Gallagher, Vice President of Sales, Parascript.

Along with enhanced ability to identify keywords and locating words and short phrases in unstructured documents, content too has been increased in the version 6. Moreover, this release has improved ReadSCRIPT’s two optional modules, Check Processing and Signature Verification. Check Processing recognizes and extracts standard check fields and provides Courtesy Amount Recognition and Legal Amount Recognition (CAR/LAR) reconciliation. The Signature Verification first, locates, classifies and verifies that a check of document is signed. It also verifies signature authenticity by comparing the signature against a reference signature database.

“ReadSCRIPT automates the recognition, classification, and index extraction from all paper and electronic files and records,” says Greg Blevins, Marketing and Account Manager, EDAC Systems. It learns word patterns from previous documents from the same writer. By understanding how a person writes a specific word, ReadSCRIPT speeds up the indexing process, enhances the accuracy of the metadata, decreases the verification error rate, and speeds up time to images.