Seven Must-have Innovations in Intelligent Document Processing
Viewpoint

29 Apr 2022
by Anil Vijayan, Ashwin Gopakumar

A data avalanche is increasingly overwhelming organizations today. The effort to process this data is labor- and time-intensive, as well as prone to errors. Many organizations are hence relying on Intelligent Document Processing (IDP) solutions to automate complex document-intensive business processes. IDP solutions significantly reduce human effort in document processing, increase efficiency, improve quality, and enhance employee/customer satisfaction.
At the same time, challenges associated with IDP implementation and management are hindering more widespread acceptance and scaling. IDP solutions are thus introducing capabilities that address these implementation/management challenges, including pre-packaged solutions, support for complex document types, enhanced data enrichment, and advanced model monitoring, among other features.
In this report, we study these sophisticated capabilities that enable enterprises to adopt IDP more quickly, expedite RoI, and ease business-user concerns.

Scope

All industries and geographies

Contents

In this study, we:

  • Introduce IDP
  • Explore the current IDP state
  • Detail seven must-have capabilities that enable sustainable IDP adoption

Membership(s)

Service Optimization Technologies (SOT)

Sourcing and Vendor Management

 

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