Drake Software Unveils Innovative AI Document Processing Solution with Drake SmartExtract Beta Launch
Drake Software Launches Drake SmartExtract Beta
Drake Software recently announced the beta launch of an innovative solution called Drake SmartExtract™, designed to transform the document processing experience for tax professionals. This AI-powered tool aims to streamline workflows by automatically extracting and organizing data from a variety of tax documents such as W-2s, 1099s, and K-1s. By doing so, it significantly reduces the need for manual data entry and helps professionals prepare tax returns with greater efficiency.
The introduction of Drake SmartExtract highlights Drake Software's commitment to incorporating advanced technology into its ecosystem, allowing users of Drake Tax Online to leverage AI-assisted functionalities. With tax season on the horizon for 2026, the company recognizes that time is of the essence for tax professionals seeking to better serve their clients. According to Noha Ghazouani, Vice President of Product Management,
Topics Business Technology）
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