AI Blogs

How Are Businesses Using AI to Simplify Data Format Headaches?

A data format is the structured content or information. It refers to the organized way of structuring, storing, and exchanging information between systems, applications, or people. Those who run businesses, understand that handling is like accumulating luxury and simultaneously, enduring a headache. 

In fact, Statista findings reveal that the world is frequently creating over 402.89 million terabytes every single day. But the concern is the quality of that data. It’s unhygienic. Multiple formats make your PDFs, Excel sheets, scanned documents, CRM exports, emails, and even screenshot data noisy. It’s like using multiple languages to represent an idea, which might be interesting but not useful because of various language formats. 

So here, the question is to discover how businesses simplify data formatting. The use of artificial intelligence or AI can make it superfast and convenient. Here is how. 

The Headache: Too Many Formats, Too Little Time

In many businesses, information is scattered across multiple formats, sales figures in Excel sheets, customer feedback in PDFs, invoices as scanned documents, and social insights stored in JSON or CSV. Earlier, this kind of data was usually managed through document entry using manual processes, where staff had to type or convert files one by one. While this method was common, it often slowed down operations, introduced errors, and added extra costs. The lack of consistency across formats made it difficult to connect information and analyze overall performance. This challenge has encouraged companies to explore smarter alternatives that can handle diverse data sources more efficiently.

 AI as the Problem-Solver

AI is smart enough to see beyond data. It mutely observes and recognizes patterns hidden in text, numbers, and even images. These things continue to take place automation, from detecting & extracting formats to converting and standardizing them for corporate usage.  Now, let’s discover some proven ways many businesses are leveraging AI for this very purpose.

1. AI for Document Parsing

Let’s consider the case of invoice structure. Many vendors, many invoice formats. If one uses “Invoice No.”, another may put “Bill ID” on the top of it. Though both terms denote similar meaning, one may get confused seeing this variation. 

But for AI, which is powered by Natural Language Processing (NLP), this diversity can be understood in seconds. Accordingly, it pulls out the right information. It saves many hours every day for users. For example, companies like Amazon Textract and Google Document AI are popular among banks, logistic firms, and retailers. They use them for faster turnaround time in processing documents. 

There might be diversity in the format of invoice numbers, dates, sum, and tax rates. These AI tools standardize the format of a database within seconds. 

2. AI for Image & OCR-Based Data

Have you observed a hospital’s data format? It consists of prescription, scanned X-ray reports, and diagnosis reports in PDFs. Just imagine how challenging it is to deal with a handwritten data, PDF, and scanned documents. It makes the check-up lengthy, which decreases the efficiency of the doctor. Simultaneously, many innocent patients suffer. 

This is where AI-powered technology like optical character recognition (OCR) can prove handy. Unlike copy-pasting, this cutting-edge technology leverages AI-enabled OCR to recognize formats, PDFs, and handwritten notes. This is just a case of hospitals. Likewise, logistics, banks, and insurance companies struggle to standardize formats in their databases. AI can win this battle for them by: 

  • Digitizing old records.
  • Scraping data from diverse sources. 
  • Reformatting them for databases. 

This approach will speed up data processing, boost efficiency, and enhance, user experience. 

3. AI for Real-Time Data Integration

How is it if you want real time update for revising your sales strategy or marketing campaigns? It sounds easy with SaaS-like innovations. But what about the format? It’s still a problem to manage with laser-fast speed. 

For sure, fetching live feeds from stock exchanges or multiple platforms can be in different formats, which will drastically hit the output. This is where artificial intelligence (AI) steps in while normalizing formats in real time. Many businesses invest in this technology instead of hiring data specialists to manage formats without delays, no matter how unhygienic the data is.

Take another example of e-commerce merchants who use this smart technology or cutting-edge tools to merge product listings from multiple sellers or merchants. The format of recording or adding data may differ. With AI, its cleansing and standardization can be done in a few minutes, but not in days.

4. AI for Email & Unstructured Text

Do you like email data? Certainly, businesses like it like a goldmine. But dealing with its data, especially its subjects, signatures, attachments, and replies, is like a spadework. 

With artificial intelligence tools, you just sit and see how it detects intent like complaints, order, or query, extract structure, and automatically route emails into CRM systems within minutes.

Case Studies That Prove It Works

Let’s share some proven cases that showed subtle difference in their efficiency and productivity after introducing AI at their work.

  • Figma & Canva: These are two extremely popular platforms, which have integrated AI not only for enhancing design capacities, but also for ideal format conversions. You can check it practically by uploading an image. Their AI automatically detects layers, fonts, and formats in its background and makes it editable. 
  • HSBC Bank: This bank also faced challenges in processing diverse formats of documents every year. Since the day it introduced AI document parsing, it has exponentially reduced processing time, which reduced to hours from weeks. Simultaneously, its compliance rate improved. 

The Future: Smarter AI, Fewer Headaches

The rise of AI, generative AI, and Large Language Models (LLMs) has welcomed transformation in the word of data. Here is how. 

  • Tools like Tableau with Einstein AI and Zoho Analytics AI are not only able to format data but also assess, summarize, and recommend changes for excellent conclusion. 
  • Some AI tools like Amazon Textract with Comprehend, Google Document AI, Microsoft Syntex can cleanse data way before deadlines with accuracy and low risks. 
  • MonkeyLearn and Keatext are tools that can automatically suggest customers’ tone, intent, urgency, and issues. 

Conclusion

Data format headaches are not just technical challenges, but the threatening bottlenecks. Standardizing formats can make data processing a lengthy process, which can be lengthier than usual processing time. With AI, this duration can be minimized. It provides the scope to innovate and spend time on value-adding activities and creativity.