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ESG AI: Automated Documents Reading

ESG Flo, a leading name in the world of Sustainability data management, introduces an AI-powered document ingestion feature for enhanced efficiency and accuracy.
by 
Amy Ryu
December 30, 2023
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The ESG compliance platform that uses AI to automate the collection and transformation of data into audit-ready metrics.

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Introduction

Welcome to ESG Flo, the forefront of sustainability data management. Our AI-powered platform is designed to simplify and streamline the process of data collection for reporting, including compliance with CSRD and SEC regulations. Today, we're excited to share a groundbreaking feature that addresses a common pain point faced by our clients - the extraction of utility usage data from bills.

The problem

Imagine the hours wasted manually deciphering electricity, gas, and water usage numbers buried in utility bills. At ESG Flo, we've heard these horror stories, and we've responded with a solution that harnesses the power of AI to extract usage information directly from these documents.

Feature overview

When you navigate to our Documents - Upload page, you'll discover the seamless solution. Simply upload your utility bills in PDF format, and within moments, our AI works its magic. It automatically populates crucial information such as the Utility Provider, Account Number, Meter Number, Usage, and Cost - tasks that would otherwise demand significant human effort.

Where this funtionality shines

This feature is not limited to addressing Scopes 1 and 2 GHG emissions; it extends its utility to extracting information from Water Bills and Waste Bills. Moreover, it can be applied to capture data from purchase orders, aiding in the calculation of Scope 3 emissions. Auditors, in particular, find this feature invaluable, as having access to source documents streamlines the audit process, facilitating both limited and reasonable assurance journeys.

Customer testimonials

Our users have expressed amazement at the ease with which the AI populates all necessary information. One user, perplexed yet delighted, exclaimed, "That's pretty amazing" upon realizing the capabilities of our AI. Auditors, too, appreciate the clarity provided by having bills clearly presented on the left-hand side.

Conclusion

ESG Flo is committed to supporting you in the efficient collection of usage data from utility bills, expediting your environmental data collection process. Our goal is to liberate your time, allowing you to concentrate on tasks that truly move the needle. This not only benefits users but also enhances the audit experience, making it more streamlined and effective.

This AI-powered document ingestion feature is just a glimpse of what ESG Flo has to offer. Reach out for a demo today and share this article with your colleagues in the sustainability world. Let's embrace a future where data collection is not a burden but a catalyst for positive change.

ABOUT ESG FLO

ESG Flo is the AI-powered platform for accurate, complete, and auditable data. It simplifies compliant reporting, third-party verification, and responsible decision making. Schedule a demo to learn more.

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