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.
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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…
WorkFusion (Crowd Computing Systems) headquartered in New York offers RPA Expression, a robotic process automation solution available free.
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 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 is an intelligent document processing software solution that trains RPA robots to understand and process a company's forms.
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.
OpenText Intelligent Capture, formerly OpenText Captiva, is an enterprise capture platform, providing omni-channel capabilities for collecting everything from scanned paper to chatbots. It is not just for organizing content at the front door, but automating processes across the enterprise.…
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…
An Intelligent Document Processing solution for every document and workflowCognitive Workbench uses deep learning algorithms and computer vision to create and train modules that can be used to understand and process any kind of document in any field or industry and in any language.…
Grooper is an intelligent document processing and digital data integration solution that enables organizations to extract meaningful information from paper/electronic documents and other forms of unstructured data. Grooper combines:Image processingCapture technologyMachine learningNatural…
Enterprises deal with large volumes of documents (electronic or paper) across business functions. On an average, 80% of the documents entering business processes are still processed manually. Kanverse aims to supply users with zero-touch invoice processing. Ingest, extract, validate,…
Kanverse IDP digitizes document processing for enterprises. It intelligently classifies, captures, and extracts all data from documents entering the workflow. It then organizes the information based on business needs. The raw data is sanitized and cleansed by the system during processing.…
Evolution AI is a solution for intelligent data extraction from financial documents boasting human-like accuracy, from Evolution Artificial Intelligence in London. Evolution AI uses computer vision and natural language processing (NLP) to extract data from PDFs, scans and machine-…
Notable Health is a health technology company headquartered in San Mateo, focused on enriching patient-physician interactions through modern digital experiences powered by intelligent automation. They aim to reduce ballooning healthcare costs, bring the patient experience into the…
Dynamic .NET TWAIN is a desktop-based document-imaging SDK based on TWAIN and DirectShow standards. It provides APIs for scanners and webcams.
Zuva DocAI, from Kira Systems spin-off Zuva Inc, is a data extraction and intelligent document processing software solution powered by Zuva’s patented ML technology and used by by law firms and enterprises to identify, extract, and analyze content in documents.
Kofax VRS Elite works like a quality control operator to clean the toughest documents and reveal data so users can access accurate information. According to the vendor, it reduces document prep time by evaluating each page and automatically applying the correct image quality settings.…
Companies - from SMEs to large corporations - use Parashift to configure, classify and extract their business documents. The platform comes with document types from different industries that can be consumed directly without configuration or training. According to this principle, the…
IRISXtract automatically classifies documents and extracts essential data. It transfers the relevant information to business process applications, in place of manual processing. The software aims to ensure paperless processing of the best quality, in every language, for every document…
IRISmart File is software for semi-automatic naming and classification of documents (electronic and paper). Presented as ideal for freelancers, microbusinesses and SME, IRISmart File helps carry out long, slow everyday administrative tasks, for those who wants to file a large amount…
Smart Engines is software for scanning IDs, passports, driver's licenses, MRZ, bank cards, barcodes and business documents. The software (SDK) automatically extracts data from videos, photos or scanned images of over 1,810 types of ID documents from 210 countries and jurisdictions…
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 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 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 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
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?
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.
