How Intelligent Document Processing Works
IDP leverages emerging technologies such as AI, ML, RPA, among others for document processing and the solutions are non-invasive, easy to set up and deploy within the existing infrastructure. The IDP ecosystem can be categorized into four phases starting from pre-processing and capturing the data in the documents to validation and integrating the data into the pertinent systems.
IDP Technology Components
Optical Character Recognition (OCR)
Analyze and image and detects and extract the texts in the image to a machine-readable format
Systems that improve own performance by exposure to data, outcomes and feedback loop. They learn, predict and improve.
Human in the loop
Human intelligence is brought to the loop to make decisions on exceptions, escalations and approvals. It provides training to ML algorithms.