Intelligent Document Processing Systems

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IBM Watson Discovery

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Tipalti

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Appian

Appian is a low-code development and business process management platform. It features drag-and-drop design for app building, automated work processes, unified data management, and cloud-based deployment.

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Tipalti

Tipalti automates critical financial processes to drive efficiency, including accounts payable, mass payments, procurement, and expenses, all on one global finance automation platform that grows with the organization, automating, de-risking and simplifying finance.

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Laserfiche

Laserfiche has two main editions: Rio and Avante: Laserfiche Rio is designed to meet the needs of large organizations that have more than 100 users. It combines content management functionality with business process management (BPM), security and auditing, unlimited servers and a…

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IBM Cloud Pak for Business Automation

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Square 9 Softworks

For document-intensive companies looking to improve business efficiency, Square 9 Softworks develops solutions for process automation that aim to drive increased productivity across all business applications.

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IBM Watson Discovery

IBM offers Watson Discovery, a natural language processing (NLP) application with options to measure sentiment, detect entities, semantic roles, and other concepts.

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WorkFusion Intelligent Automation Cloud

WorkFusion (Crowd Computing Systems) headquartered in New York offers RPA Expression, a robotic process automation solution available free.

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IBM Datacap

IBM® Datacap helps users streamline the capture, recognition and classification of business documents and extract important information. Datacap supports multiple-channel capture by processing paper documents on scanners, mobile devices, multi-function peripherals and fax. It uses…

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Fortra’s Automate

Fortra's Automate (formerly 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 and business users alike can understand…

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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.

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ABBYY FlexiCapture

ABBYY FlexiCapture is an Intelligent Document Processing platform that aims to bring together NLP, machine learning, and recognition capabilities into a single, enterprise-scale platform to handle every type of document, from simple forms to complex free-form documents, and every…

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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…

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ATOmate

ATOmate automationes ATO document processing and distribution. From Business Automation Works (BAW) headquartered in Melbourne, a solution created for accountants that want to communicate important ATO information to clients efficiently and effectively; ATOmate automates the processing,…

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Docketry

Docketry is an intelligent processing software solution for businesses that aims to provide fast, secure, and efficient processing of complex documents, helping businesses to streamline their document processing, reduce costs, and improve their overall productivity. Their software…

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expert.ai NL Suite

The expert.ai NL Suite (formerly Cogito Intelligence Platform (CIP) from Expert System, rebranded expert.ai) performs analysis of unstructured data sets to organize, discover and explore information in order to support intelligence workflows by providing actionable insight as data…

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Apryse PDF SDK

The Apryse PDF SDK (formerly PDFTron) enhances software applications with dynamic document viewing, annotation, processing, and conversion capabilities, as well as features such as document understanding, data extraction, and redaction. The SDK supports PDF, Word documents, CAD drawings,…

17
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.

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OpenText Intelligent Capture

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.…

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Klippa

Klippa is a cloud-based accounting solution that helps small to large enterprises manage expenses and process digital receipts or invoices. It comes with a centralized dashboard, which enables users to gain insights into the business expenses of employees or projects using actionable…

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Dociphi
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Dociphi is an AI document processing solution from Quantiphi, used to fast-track document processing workflows and ensure compliance. It is embedded into any software application or business system via an API and provides accurate processing for documents related to financial services.…

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ServoWebScan®

ServoWebScan helps businesses maintain smooth automation and increase productivity by enabling them to leverage their knowledge base – documents and data. ServoWebScan is a TWAIN-compliant and web-based scanning technology help organizations in their voluminous document scanning…

22
Litera contentCrawler

contentCrawler by Litera is a compression and OCR solution used to intelligently assess documents in a content repository for bulk processing. Users can process documents using either the OCR or Compression services, or both. The contentCrawler framework can identify non- searchable…

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Provana Intelligent Document Processing (IDP)
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Provana’s Intelligent Document Processing (IDP) solution, based on technology acquired with Surefire Data Solutions, is software used to automate SCRA compliance scrubs, ensure document security through OCR and ICR technology and perform flex indexing.

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ancoraDocs
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ancora Software is a provider of Business Process Automation solutions including Advanced Data Capture. ancoraDocs, the company's flagship product, that helps companies eliminate manual steps in their business processes such as; document classification, document analysis, manual…

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CSI Intellidact

Computing System Innovations (CSI) is an American leading provider of automated indexing, redaction, and classification solutions. CSI’s flagship product, Intellidact, increases workflow efficiencies via automated document classification and data extraction, while using redaction…

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:

  1. 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.

  2. Business Size- IDP systems are often used by enterprise-level businesses that are already familiar with automated workflows.

  3. 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.


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Frequently Asked Questions

Should my business use an IDP system if we already have an OCR software?

Choosing between traditional OCR software and an IDP system largely depends on the complexity and structure of a given document. IDP systems expand on OCR software capabilities by using machine learning tools to automate data extraction from complex or unstructured documents.

Which industries are already using IDP systems?

IDP systems benefit a variety of industries, including legal, healthcare, finance, and government. Businesses that do not want to be constrained by the limitations of OCR software could benefit from purchasing an IDP system.

What’s the difference between IDP systems and Robotic Process Automation (RPA)?

RPA software is crucial for building an automated workflow and completing repetitive tasks. Although RPA software has greatly improved business efficiency, it primarily integrates data pulled from structured documents. Using an IDP system allows users to extract complex data that traditional RPA software would struggle to incorporate into workflows.

What are the benefits of using IDP systems?

IDP systems are useful for minimizing repetitive data extraction from complex documents. The application of AI and machine learning tools in IDP systems requires less customization from users and greatly improves workflow efficiency.