Intelligent Document Processing (IDP): Extracting Value from Your Data

Intelligent Document Processing (IDP) represents a significant leap from traditional Optical Character Recognition (OCR). It combines OCR with AI technologies like NLP and ML to not just digitize text but to understand and process it.

Key Capabilities of IDP:

• Data Extraction: Accurately extracts specific data fields from structured and unstructured documents (e.g., invoices, contracts, forms).
• Classification & Categorization: Automatically sorts and categorizes documents based on their content.
• Validation: Cross-references extracted data with existing databases for accuracy.
• Integration: Seamlessly feeds processed data into downstream systems like ERPs and CRMs.

Use Cases:

• Automated invoice processing.
• Customer onboarding and KYC.
• Insurance claims processing.
• Contract analysis and management.

IDP solutions can dramatically reduce manual effort, improve data accuracy, and accelerate document-centric workflows within your organization.