Council Post: Using AI To Automate Enterprise Document Processing Workflows

Documents containing business-critical information and data enter the enterprise from multiple channels and in the form of images, PDF, and Word and Excel documents directly or as part of attachments to email, etc. Traditional document processing solutions have tried to automate the extraction of data required operators to build templates. This approach worked like a patchwork, as it could handle documents of a similar format. The system used to fail when a document of a different format from the same or a new vendor entered the system. However, AI-powered IDP solutions can seamlessly extract and process data from a variety of documents in multiple formats. Such IDP products are able to do so by complimenting OCR with AI, which eliminates the painful template creation and management process. AI makes extraction seamless and guarantees high accuracy. AI-powered IDP automates the entire document processing cycle right from extraction to publishing the data into the record-keeping systems.