Intelligent Document Processing (IDP) stands as a workflow automation solution designed to efficiently scan, interpret, extract, classify, and structure relevant data from multiple streams. It sounds amazing, right?
The process begins with intelligent document recognition, where advanced deep-learning AI technology is employed to scan and categorize documents. Then, the software initiates the extraction of valuable information for your organization. This extraction process also relies on cognitive AI technologies to identify the most relevant elements. Finally, it arranges the pertinent data and presents it in a user-friendly format for convenient access.
IDP is a cost-effective and time-saving solution for businesses, thanks to its lower error rates and faster processing times, given that it does not require as much human intervention as the analogical way. This is also a benefit for employees since they no longer have to spend their working hours doing repetitive tasks and invest more time in impactful work.
Intelligent Document Processing finds itself in various sectors: finance, human resources, insurance companies, law firms, and government agencies, among others. So, yes! It's probably a good fit for your organization.
Contact us. We will be happy to analyze your case and give you a clear visibility of how you can start saving time and money by implementing IDP and its impact on your Digital Transformation.