Ripcord specializes in data management by using robotics and artificial intelligence to extract and digitize information from both paper and digital documents. This technology allows businesses to access their data, which may be trapped in various document formats, whether structured or unstructured. Clients from diverse industries, including oil companies, benefit from Ripcord's ability to quickly extract and reconcile data, enhancing their operational efficiency and decision-making processes. The company provides a service that transforms paper documents into high-quality digital files while maintaining document integrity and ensuring a secure chain of custody. This service enables organizations to work more efficiently, make informed decisions, and automate processes using accurate data. Ripcord generates revenue by charging clients for its data extraction and digitization services, offering clear value through time savings and increased efficiency.