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Utah State University is using Box Extract to process 2,500+ receipts with 99.7% accuracy

Blog post from Box

Post Details
Company
Box
Date Published
Author
Box Customer Advocacy
Word Count
1,119
Company Posts That Month
44
Language
English
Hacker News Points
-
Post removed?
No
Summary

Utah State University has transformed its document management and workflow processes by implementing Box Extract, an AI-powered tool that automates data extraction with a 99.7% accuracy rate across over 2,500 financial documents. Originally adopted as a cloud storage solution, Box now serves as the university's primary platform for collaboration and file management, replacing systems like OneDrive. The integration of Box with ServiceNow has further streamlined operations, allowing for seamless workflow automation and efficient handling of unstructured content. This transformation has not only improved financial documentation and compliance but also facilitated various academic and administrative functions, such as policy management and student-professor collaboration. By leveraging innovative technologies, Utah State University has set a precedent for how higher education institutions can effectively modernize their processes to meet compliance requirements and enhance operational efficiency.

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