There's lots of ways this works. To keep it simple, IDP uses advanced algorithms to capture data from documents such as invoices or contracts automatically. This makes it easier for organizations to extract relevant information from these documents quickly and accurately. IDP also helps to reduce manual effort by automating mundane tasks such as data entry or document verification. By taking advantage of IDP technology, businesses can streamline their operations and save time on tedious tasks while ensuring accuracy and compliance with regulations.
If you want to understand this deeper, let's get connected?
https://www.linkedin.com/in/ryan-raiker/
Here are some things I've shared on that topic: https://ayr.ai/blog/data-is-the-oil-that-fuels-businesses-intelligent-document-processing-solutions-are-the-rigs-that-extract-and-process-enterprise-data
https://ayr.ai/blog/successful-enterprise-automation-is-driven-by-intelligent-document-processing