Intelligent Document Processing Systems
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IBM offers Watson Discovery, a natural language processing (NLP) application with options to measure sentiment, detect entities, semantic roles, and other concepts.
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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Clarity by Consensus Cloud Solutions offers an intelligent NLP data extraction solution that transforms unstructured documents like digital scans and faxes into structured, actionable data. Clarity uses Natural Language Processing (NLP) and Machine Learning to unveil valuable, information…
Alphamoon is a Machine Learning (ML), Natural Language Processing (NLP), and Data Science company helping businesses automate their document processing and extract valuable data using an AI-based platform. Alphamoon's technology reduces the time and cost of document processing…
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,…
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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.…
Xoriant SmartCapture transforms time and cost-intensive, paper-based content into digital assets. It leverages OCR, machine learning (ML), and natural language processing (NLP) for extracting information. It captures, classifies, and converts data in any preferred textual format…
X·CELERATE eKYC leverages best of breed cloud, data lake, AI and ML capabilities to facilitate onboarding and compliance-related decision making with actionable data. Powered by Xoriant SmartCapture technology, the solution scans and checks high-volume support documents, while AI/…
A low-coding platform meant to simplify and automate the business processes within the company. It's a scalable and customizable solution in cloud that has been implemented for marketing team, finance, sales and other departments. It can be connected to a range of existing applications…
The Botminds platform includes tools and integrations to enable users to automate document processing. This includes large scale document intake, automatically reading and understanding documents, classifying and extracting key elements, enriching documents with an external database,…
A Simplifai Digital Employees can receive, understand, and analyze free text in the form of emails, documents, and chats. It is an AI-driven software designed to understand and interpret human communication. It is a standardized solution that can perform various tasks and has a modular…
Mindee is a horizontal and developer-centric document understanding platform that help developers and product teams build more intuitive and efficient user experiences regarding document processing. Mindee enables users to: Build UX using a 1-second-response-time synchronous API…
Taggun is a receipt OCR API that extracts data form receipts and invoices. Taggun's intelligent API uses Machine Learning, and enables developers to integrate into existing software. Customers who use Taggun are typically software companies who need real-time, automatic and accurate…
Dynamic .NET TWAIN is a desktop-based document-imaging SDK based on TWAIN and DirectShow standards. It provides APIs for scanners and webcams.
What is DOCBrains?Documents being an integral part of almost every industry, The majority of such document dominated industries are moving towards automated digital transformation. The actual pain areas are the processing structure of such Complex, Unstructured and Semi-Structured…
Companies - from SMEs to large corporations - can 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,…
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.…
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…
Aklymi is a tool that puts data workflows on autopilot. Automate any document or email data process end-to-end with no-code intelligent document processing (IDP) for all. Data Inbox: Intelligent decision hubAutomatically connect to thousands of applications and capture data from…
Parseur, from the company in Singapore, is a mail parser software taht enables users to extract text from emails and PDFs. Users can then send parsed data in real time to business applications, to save hours of manual data entry.
Gia Docs AI is an intelligent document processing platform solution with human-like cognitive skills to read, learn, understand, and extract data from documents related to the Accounts Receivable, Accounts Payable, and Treasury operations.Document processing in global finance and…
IntSig was founded in 2006 and endeavors to provide business and productivity applications. The company boasts 14 years of experience with capabilities in OCR (Optical Character Recognition) technology, hand-writing recognition, image processing and artificial intelligence. Intsig…
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…
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.
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…
Sybrin AI is an integrated technology stack powered by computer vision, machine learning, and data science designed to automate business processes. The solution integrates intelligent document processing, intelligent ID capture from documents and cards, and mobile document capture.…
An AP automation solution using AI-based document capture technology. Zetadocs AP Automation requires no rules or templates to be set up, and features automated data entry, order matching and ongoing system learning. Zetadocs Capture also enables users to store emails and scanned…
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.