Bidding adieu to manual document processing

Traditional document processing units required staff members to manually read and key in relevant information from purchase orders, quotes, invoices, remittances and other documents – every day, year after year. This process lowers both staff morale and productivity, and often leads to unwanted errors and increased costs. Intelligent document processing (IDP) is a next-generation approach that uses automation to quickly extract information from business documents. Here are 10 things you need to know about IDP and how it can enable end-to-end process automation for your organization. The first wave of IDP was driven by template-based optical character recognition (OCR) technology.