Intelligent Document Processing: The Future of Document Automation

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Is manually scanning documents starting to feel like a chore? Do you find yourself spending more time on administrative tasks than on more important tasks? Fortunately, there is a solution. Intelligent Document Processing (IDP) transforms document management from a chore to a seamless background task that runs mostly automatically. This type of document automation uses tools like optical character recognition, machine learning models, and AI to read attachments, downloads, files, and more. The technology gives IT systems the eyes they need to better understand information and act on it. With so many intelligent document processing providers out there, scanning these documents has become easier than ever.

Data is a hurdle for all types of businesses. Whether you’re in healthcare or banking , managing a large volume of documents is one of your organization’s biggest responsibilities. Advances in artificial intelligence and the Internet of Things (IoT) are only increasing the influx of data—and without new strategies, vital information is getting lost in the pile.

In this article we will cover the following topics:

The definition of intelligent document processing (IDP)
The Benefits of Document Automation
What types of documents can the IDP process?
How to Choose the Best IDP Solutions
What is intelligent document processing?
Scanning a document with a conventional scanner produces a replica on your screen. But your computer doesn't know what it's looking at: it treats a newspaper clipping like an SEC document. From there, it takes a lot of manual, repetitive work to turn the document into something usable.

Intelligent document processing software goes beyond pakistan mobile number example traditional scanning to break down the data contained within the document. IDP performs the assembly, extraction, classification, and organization tasks that a human worker would dread to do, such as:

File it with similar documents
Filling out forms, spreadsheets or databases
Generate a new document, for example an expense report, from a batch of receipts
Create reports
Transferring information between systems
Add an email or chat transcript to a client or patient's record
With IDP, documents don’t just languish in your systems. They become living entities that you can use to generate ideas, create new documents, and power automated processes.