What Is Intelligent Document Processing?

Typically, unstructured data accounts for 80% of an organization’s content and information generation will continue to grow, businesses will need more powerful solutions that can automate the entire process of capturing, extracting, and processing content with minimal human intervention, resulting in intelligent document automation.

Intelligent document processing (IDP) leverages unassisted machine learning and AI to extract data across all types of documents —making that data usable across your business by extracting and converting the data from non-structure format to a structured format. IDP streamlines manual processes and eliminates costly steps like document classification, manual data entry, and document analysis.

IDP enhances robotic process automation (RPA) capabilities, by bringing judgment and decision making to complex processes like invoice processing in AP departments, claims processing in insurance companies, PO processing in AR department, or credit card processing in banking.