14.12.2022 г.

Vert One integrates Smart Engines GreenAI solutions into its mobile application for green economy

Vert One Private Limited, a company that helps enterprises of green economy to manage finances, introduced the Smart Engines software for document scanning and detection into its mobile app. The state-of-the-art GreenAI technology developed by Smart Engines enables Vert One customers to easily and rapidly upload their ID cards, payment receipts and purchase orders without manual data entry.

Vert One, a company based in India, provides a simple mobile application for founder-led small and medium enterprises (SME’s) that are engaged in climate adaptation and mitigation activities. This is particularly true for companies involved in renewable energy, sustainable transport, and sustainable agriculture. Thanks to the platform, these businesses can manage, control and track their project budgets and expenses from the convenience of their smartphone 24×7, as well as apply for loans. Thus, Vert One helps its customers improve their competitiveness and ensure sustainable growth.

App users first need to register and scan Indian government issued identity cards such as PAN card and Aadhaar card. They can manage their finances by scanning payment receipts and purchase orders on a regular basis. To apply for loans, they need to scan purchase orders of projects to be financed as well as documents related to reference projects like completion certificate. Document capture has become much faster and easier with the Document Crop Module, Smart Engines AI algorithm. Now all that is required is to open the mobile application and point the phone camera to the necessary documents, and the system automatically detects the card and takes a picture without the user having to tap any button.

“We chose Smart Engines not only because of their experience and reputation, but it is also extremely important for us that Smart Engines specialists share our values of a sustainable future. Smart Engines uses GreenAI models, thus minimizing the carbon footprint during the training of neural networks”, – states Joydeep Nath, CTO at Vert One.

Smart Engines is a company specializing in optical character recognition (OCR) and providing class-leading SDK for identity documents, credit card, barcode MRZ, business document and form scanning.

“We are pleased that our document detection solution is used for such an important and environmentally significant project as Vert One. It is great that now it will be easier for the owners of green small and medium-sized enterprises to organize their finances and accounting”, – says Vladimir Arlazarov, CEO at Smart Engines, PhD in Computer Science.