Extraction is the task of finding and pulling specific pieces of information from unstructured content. From a vendor invoice: vendor name, invoice number, line items, amounts, due date. From a job application: candidate name, years of experience, skills. The output is structured data that can be stored, acted on, or routed.
A supply chain team that receives 300 supplier invoices per week and uses an extraction agent to populate the ERP automatically is eliminating a full-time manual data entry role — and doing so more consistently and with a full audit trail. Extraction is one of the highest-value AI applications in document-heavy enterprise workflows.
