AI Solution Catalogue

Solution Description

The System handles the input, extraction, analysis and delivery of payment-related data, including Defined Cost records for each and every cost component stipulated in the Schedule of Cost Components (which encompass Subcontractor payments as a key cost component), together with supporting documentation. For scanned documents and images, the System employs AI-powered optical character recognition (OCR) technologies to accurately detect and extract relevant information. The System facilitates a digital workflow for payment application, assessment, certification and audit.

Use Case

SmartCost in Construction Industry, Traditional Form Processing and Workflow Automation

Presentation Videos

If any government department would like to obtain additional information about the AI solution, please contact Smart LAB.