#intelligentdocumentprocessing

[abraham09derick]

Discover the precision of Docketry! Effortlessly pinpoint OCR and NLA documents in an instant, revolutionizing your data management experience.

[managedoutsourcesolution]

Intelligent Document Processing (IDP) and Its Benefits

IDP helps to convert unorganized data into searchable format. Learn about IDP, its workflow, and benefits. https://bit.ly/3nRNS5W

[kairaq]

Why Intelligent Document Processing (IDP) is Much More than OCR ?

Intelligent Document Processing (IDP) does not only include ICR & OCR but takes care of document classification, enhancing the image quality, enhancing the data quality, formatting relative information, and then putting it into the downstream application.

This Thoughtcast gives an overview in detail about why IDP is much more than OCR.

Know more about Datamatics TruCap+ Intelligent Document Processing (IDP) solutions - Intelligent Document Processing Solution

Watch Datamatics TruCap+ Intelligent Document Processing demo - Intelligent Document Processing Demo

[synlogicsinc]

How AI Spurs Intelligent Document Processing and its Applications?

Intelligent Document Processing is not just an intelligent sounding name. it is legit and the best of brands worldwide are praising it. According to a paper Intelligent Document Processing published by Deloitte,

“Success by forward-looking organisations is driving confidence in a market expected to grow 70-80% over the next two years to US$1.1 billion.”

IDP is a network of automation technologies used to automate data processing in document. These technologies are Optical Character Recognition (OCR), and Artificial Intelligence (AI). Intelligent Document Processing takes unstructured data from physical or soft docs, and organizes and simplifies it to ease the tasks of data entry. And that is done through efficient capture, extraction, as well as transfer of data. With all that, AI development companies in India and the world over are helping businesses that need such document processing.

As technical as it may seem to the eyes of entrepreneurs and organizations who have been processing documents the rudimentary way, it can be understood in an easier way. Let’s see how.

How does AI Spur Intelligent Data Processing?

So, traditionally, the task of document processing is done by OCR systems, which require substantial manual efforts. Relevant information needs to be extracted manually first to structure the data from the unstructured documents.

AI, on the other hand, can offer tools that can without any manual labor, identify, capture, and even extract the required data from scanned files of physical documents, emails, PDFs, scanned files, and any such unstructured documents.

A good AI development company helps you add RPA to this and take it a step ahead. With that, you can further this captured data to be processed by existing applications. RPA will help automate the data capturing (rule-based) and further reduce the effort.

Thus, it ensures:

• Convenient integration into existing IT infra and apps

• Precise identification of different fields in the documents

• Quick transfer of data to existing applications

• Multiple input/output formats (XML, PDF, HTML, TSV, etc.)

• Automatic identification and fixing of unclear, blurred,  faulty contrast, and uneven text automatically

What Sort of Applications can Use IDP?

Looking at a macro level there are a number of kinds of applications that involve data capture and extraction can be powered by Intelligent Document Processing.

Here are some of the macro application areas when IDP works wonders.

1. KYC

While KYC has long been a part of financial and banking industries, the recent lockdown made it even more important in the light of the challenges that need everything to be remote. As customer interaction turned to video KYC, there is a lot that AI consulting company in India helped these institutions with. Capturing and extracting data from different formats and even different formats  and even languages of data available, sorting erroneous data, and so much more saved substantial costs and losses.

2. Healthcare Records

With an enormous load on the healthcare providers, which still continues, managing healthcare records of millions of patients at a time was a real task. IDP, nevertheless, came in pretty handy with its ability to digitize this data. Capture data from Aadhar cards, ECHS, ESI, health insurances and sharing it with hospitals state wide was all made possible through IDP. With features like page layout analysis and character enhancing IDP helps enhance data extraction from medical documents.

While these are not the only applications that Intelligent Document Processing can help with, the point is that it has immense potential in easing document processing for businesses.  

If you feel that IDP can help your business but are struggling with identifying a proper business case for it, we can help you. Simply get in touch with us and we will guide you from there.

[ourkanverseworld]

"Read more on AI-powered Automation: Why should businesses care about Intelligent Document Capture? #KanverseBlogs #Automation #IntelligentDocumentProcessing "

[managedoutsourcesolution]

Intelligent Document Processing (IDP) and Benefits of Using It

The major problem most business firms face is the inflow of large-volume data. There exists a great deal of unwanted data and there is also a high chance for misplacement of important documents. The major solution for this crisis is the use of Intelligent Document Processing. It helps the business firms to filter wanted data from bulk data and process it into structured data. Majority of the firms choose #dataconversionoutsourcing over in-house processing in order to create error-free data that is required for making intelligent business decisions.

[infrrd-ai]

Ever wish you had an EZ pass for document processing?

Skip the bottleneck! @Infrrd’s proprietary #IntelligentDocumentProcessing platform is your E-ZPass for a smoother, faster ride when it comes to extracting your data from any type of document. #IDP #intelligentautomation #processimprovement

[kairaq]

In the age of data, over 80% of the data produced by organizations is in an unstructured format. Processing such documents are cumbersome and risky. Datamatics' AI-enabled Intelligent Document Processing (IDP) solution TruCap+ is a cloud-based solution that converts unstructured documents into structured documents with its template-free approach that helps organizations in accelerating ROI and reducing the total cost of ownership.

Start your free trial of TruCap+ today. Visit https://www.datamatics.com/intelligen...

Know more about our Intelligent Document Processing (IDP) - https://bit.ly/3gztd2U

Download the case study to learn how TruCap+ automates data capturing of Import Collection Documents for a European Bank - https://bit.ly/3BmpNsk

[ourkanverseworld]

#Kanverse #IntelligentDocumentProcessing validates extracted data using AI and business logic

[ourkanverseworld]

#Kanverse #IntelligentDocumentProcessing solution automates manual document processing by combining AI with OCR.

[ourkanverseworld]

Increase sales effectiveness by automating #PurchaseOrder and #QuoteProcessing workflows with #Kanverse #IntelligentDocumentProcessing

[ourkanverseworld]

Kanverse #IntelligentDocumentProcessing helps analyze and monitor document workflows to detect anomalies, ensure business process continuity, and effectiveness.

[ourkanverseworld]

#Kanverse #IntelligentDocumentProcessing solution automates manual document processing by combining AI with OCR.