Venture Studio · 2024ExtractPro
Automate manual document processing with AI, turning unstructured and handwritten information into clean, actionable data in seconds.
“ExtractPro showed what the MTP partnership can do at its best. We identified a significant operational challenge and, within three months, had a working prototype we could put in front of the customer and validate in a live environment.”
Turning Documents Into Data
Businesses run on data, but much of it still arrives in formats that require someone to read, interpret and process manually.
ExtractPro was developed to remove that bottleneck. Using AI, the platform reads structured, unstructured and handwritten documents, extracts the information that matters and turns it into clean, usable data in seconds.
By removing repetitive manual processing, ExtractPro helps businesses rethink document-heavy workflows and create faster, more automated ways of working.
Project Overview
ExtractPro began with a real operational challenge inside a major hospitality technology business, where a team of 140 people was manually extracting and processing data from customer invoices and purchase orders.
Rather than simply improving the existing process, the opportunity was to rethink it. MTP explored how AI could read, interpret and structure information from complex documents, replacing repetitive manual work with an automated flow of usable data.
That thinking became ExtractPro: an AI-powered document extraction platform capable of turning invoices, purchase orders and other unstructured documents into clean, actionable data in seconds.
Automation at Scale
- Nov 2023
ExtractPro concept created around a large-scale manual document processing challenge
- Dec 2023
Process mapping and OCR + AI solution architecture defined
- Jan 2024
Working MVP developed and document extraction workflows validated
- May 2024
ExtractPro launched as a working product
- Sept 2024
Integrated into the initial hospitality technology client’s operations
- 2024
Automated invoice and purchase order processing, significantly reducing manual workload
- Oct 2024
Product expanded and refined following the initial client deployment
- 2024
ExtractPro prepared for wider commercial use beyond the original hospitality use case
- 2025
Rolled out for broader market adoption across document-heavy workflows
- 2026
ExtractPro integrated into StokkedPro to automate document processing as part of the onboarding journey
