LlamaExtract is an innovative tool designed to simplify the extraction of structured data from unstructured documents across various industries such as finance, healthcare, and HR. It addresses common challenges associated with diverse document formats, complex structures, data variability, and scalability by employing a schema-based, AI-powered approach. Users can define and customize schemas to automate data extraction, which is then outputted in JSON format, ensuring accuracy and compliance. Available in public beta via LlamaCloud's web UI and Python SDK, LlamaExtract caters to developers and analysts, offering seamless integration and workflow automation for tasks like processing invoices, resumes, and financial reports. Built on the advanced LlamaParse parser, it stands out for its integrated parsing capabilities, schema flexibility, and scalability, with ongoing development promising future enhancements such as citations and schema versioning.