Intelligent Document Processing Systems
Intelligent Document Processing Systems Overview
Best Intelligent Document Processing Systems include:
Kofax TotalAgility, UiPath Document Understanding, Automation Anywhere IQ Bot, ABBYY FlexiCapture, Ephesoft Transact, OpenText Intelligent Capture (formerly OpenText Captiva), PDFTron, Rossum, Acodis – Intelligent Document Processing (IDP), and Canoe Intelligence.
Intelligent Document Processing Products
(1-25 of 55) Sorted by Most Reviews
The list of products below is based purely on reviews (sorted from most to least). There is no paid placement and analyst opinions do not influence their rankings. Here is our Promise to Buyers to ensure information on our site is reliable, useful, and worthy of your trust.
Tipalti is a cloud-based platform that enables mass payment management and execution to networked partners (e.g. affiliates, suppliers, vendors, crowdsource, freelancers, and content publishers) across international borders. Payment can be in any local currency, through a variety…
HelpSystems Automate
HelpSystems Automate is a robotic process automation platform for desktop applications. According to the vendor, it offers the ability to automate almost any business process, and no technical expertise is required—IT managers and accountants alike can understand the drag-and-drop…
Kofax TotalAgility
Kofax TotalAgility brings cognitive capture capabilities to the hands of business analysts and non-technical users to solve content-centric challenges, including classification and extraction from financial documents, contracts, forms and other information-intensive documents. With…
UiPath Document Understanding
UiPath Document Understanding is an intelligent document processing software solution that trains RPA robots to understand and process a company's forms.
Automation Anywhere IQ Bot
IQ Bot from Automation Anywhere combines RPA with AI technologies such as Computer Vision, Natural Language Processing (NLP), fuzzy logic and machine learning (ML) to automatically classify, extract and validate information from business documents and emails.
PDFTron
PDFTron is a provider of document processing technology boasting thousands of customers across industries, headquartered in Vancouver. PDFTron’s SDK enhances software applications with dynamic document viewing, annotation, processing, and conversion capabilities, as well as features…
Learn More About Intelligent Document Processing Systems
What Is Intelligent Document Processing (IDP)?
Intelligent Document Processing (IDP), a form of Intelligent Automation, is a new system of data recognition and extraction from complex documents. IDP systems use traditional document scanning technology, primarily OCR software, and other machine learning tools to scan, categorize, extract, and analyze data from semi-structured or unstructured documents. IDP systems allow users to seamlessly integrate the data into workflow automations.
IDP System vs. RPA Software
IDP systems and RPA software are overlapping categories that involve automation of repetitive tasks. RPA software designs and employs bots to handle simple tasks, whereas an IDP system optimizes unstructured data to enhance workflows. IDP systems often complement RPA software to ensure that the highest quality data is integrated into automated workflows.
IDP System vs. OCR Software
IDP systems are in many ways an evolution of more traditional Optical Character Recognition (OCR) software. OCR software extracts text from structured electronic documents and converts the recognized text into an editable PDF or text file. IDP systems expand the core functions of OCR software by identifying and extracting data from unstructured documents, such as articles, emails, contracts, and letters. OCR software and IDP systems both eliminate the need for manual data entry. However, OCR software often requires more customization than IDP systems. IDP systems also automatically integrate the extracted data into existing workflows.
IDP System Features
IDP systems include the following identifiable features:
Ability to process unstructured/semi-structured data
Data recognition & classification
Automated data extraction
AI & machine learning tools to accelerate data analysis
Integrations with data management software
IDP System Comparison
When deciding if an IDP system is right for your business, consider the following factors:
Document Complexity- Consider the volume of complex documents that don’t always follow a specific structure. IDP systems are ideal for businesses that process lengthy, detailed documents that do not follow a strict format.
Business Size- IDP systems are often used by enterprise-level businesses that are already familiar with automated workflows.
IDP system use cases- IDP systems can be implemented into workflows across a range of industries. Which existing IDP system best suits the needs of your business?
Pricing Information
You should contact specific vendors to request a demo and get a quote to determine the cost of an IDP system. The pricing usually includes an initial fee to set up the system and train users. Vendors may charge a fixed annual/monthly fee or use tiered pricing based on how many documents are uploaded into the system.