Document Classification: A Key Component of Information Governance

KlearStack1 33 views 9 slides Jul 17, 2024
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About This Presentation

Efficient document classification is essential for managing and organizing data effectively. This overview delves into the best practices and strategies for optimizing document classification, from leveraging machine learning algorithms to employing robust metadata frameworks. Discover how to enhanc...


Slide Content

> KlearStack

What is a Document
Classification?

Highlight the Importance of
Document Classification in Managing
large Data

What is Document Classification?

Document classification is the process of assigning documents to specific categories or
classes based on their content or attributes. It involves organizing and categorizing
documents to make them easier to manage, search, filter, or analyze.

Automated document classification utilizes algorithms that work with NLP, AUtoML, neural
networks, Naive Bayes classifiers, or logistic regression to classify documents
automatically.

It is a fast and accurate method that saves time and effort in document organization.
Manual document classification involves human reviewers analyzing and assigning
categories to documents based on predefined criteria.

Benefits of Document Classification

A

Time & Cost Savings

Document classification software, such
as Parascript & Artsyls docAlpha,
automates the process of classifying &
organizing documents, reducing the
time and effort required for manual
classification.

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$
Improved Search & Retrieval

Document classification enhances
information retrieval by assigning
relevant tags or categories to
documents. This improves search
accuracy & enables faster & more
efficient retrieval of specific documents.

Benefits of Document Classification

À

Compliance & Risk Management

Document classification supports
compliance with industry-specific
regulations & standards. By organizing &
categorizing documents, organizations
can ensure that sensitive information is
managed appropriately, reducing the risk
of non-compliance & potential legal
consequences.

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$
Enhanced Data Analysis

Document classification allows
organizations to analyze and extract
insights from large volumes of
documents. By categorizing documents,
patterns and trends can be identified,

leading to better-informed decision-
making and improved business
processes.

Types of Document Classification

®

Automated Document
Classification

Automated document classification is the
workhorse of document organization,
utilizing machine learning algorithms to
analyze text and assign documents to
predefined categories.

®

Manual Document
Classification

Manual document classification
involves human reviewers analyzing and
assigning categories to documents
based on predefined criteria.

Types of Document Classification

DO A ©

Rule-Based Document
Classification

Rule-based document classification
involves defining specific rules or criteria
to classify documents. These rules can be
based on keywords, patterns, or specific
attributes of the documents.

Text-Based Document
Classification

Text-based document classification
involves analyzing the content of

documents to assign them to specific
categories.

Applications of Document Classification

$

Email
Management

Classification helps filter
spam, route emails to
the appropriate
departments (e.g. sales,
support), & categorize
important emails for
easy retrieval

&

Customer
Service

Support tickets can be
automatically
categorized based on
issue type (billing,
technical problem, etc.),
allowing for faster
resolution & improved
customer satisfaction.

Legal Document
Processing

Legal documents like

contracts, wills, & patents
can be classified by type,
streamlining legal
processes & making it
easier to locate specific
documents.

Challenges in Document Classification

à &

Dirty Data Data Deluge

inaccurate or
incomplete training
data leads to
misclassifications.

Managing & processing
massive amounts of text
data can be expensive &
time-consuming.

Uneven Playing Field

imbalanced document categories
can cause models to favor

frequent ones & miss less frequent
ones.

Language in Flux

Keeping models up-to-date with constantly evolving language requires

ongoing maintenance and retraining.

Thanks You

We appreciate your time and attention as we explored, “What
is an Document Classification?”

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