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Document Management Software

Intelligent Document Processing

Capture the data you need, from any source, in any format (including handwriting!)

Introduction

Harness the power of Artificial Intelligence engines from Microsoft, Google, and Amazon. 

Meet Intelligent Document Processing

 

Intelligent Document Processing (IDP) is software that automates and simplifies your data's journey from arrival to usage in your core business processes quickly, accurately, and reliably.

 

Do you have complex data that needs to be extracted from multiple sources? Let Intelligent Document Processing do the work for you!

 

Email attachments, scanned documents, mobile uploads, handwritten notes, and more can easily be transformed into information that can quickly be validated and stored.

Simple.

With a user interface that feels familiar, and an intuitive system that requires zero training, you can quickly get started capturing the data you need.

Scalable.

Our document scanning and cloud storage offers a SaaS pricing model so you can get pricing that fits your business. You can customize your document management solution based on your data, retention and budget needs.

Streamlined.

Firewall and encryption procedures protect your confidential information so only your authorized viewers can access your digital content. We maintain high-quality SLAs and a secure SSL certificate to ensure that all user sessions are encrypted and your data remains secure.

 

How IDP works

How does Intelligent Document Processing work?

Intelligent Document Processing mimics the comprehension of a data processing employee to recognize, scan, and categorize documents.

 

Once categorized, relevant information for your organization or process is extracted from the digital document. This is facilitated through cognitive AI technologies like Large Language Models (LLMs) and neural transformers that can pinpoint specific data points within the document. Finally, IDP organizes the extracted data and presents it in a readily accessible format for routing, review, and approval within an ERP (Enterprise Resource Planning) system or applicable line of business system.

Any document, any format.

The benefits of Intelligent Document Processing are clear, put simply, data can be easily extracted from any document with any formatting. While the solution can be applied just about anywhere within an organization, understanding the clear use cases of IDP can help you understand how it can transform your business processes.

Accounts Payable Invoices

Bills of Lading

Proofs of Delivery

Medical Claims

Mortgage Documents & Bailee Letters

Practical Applications for idp

Transform every business process.

Accounts Payable

Automate extracting relevant information from invoices and accelerate the approval and payment process. It can also assist in expense management, capturing and processing receipts and expense reports automatically.

Human Resources

IDP can eliminate the need to review each resume or application manually for organizations that receive a high volume of job applicants. It can capture and process common HR documents and route them accordingly.

Healthcare & Legal Records Management

Medical records and legal documentation both produce excessive paper and data that require extraction and organization. IDP can digitize and extract information from medical records, improving the accessibility and organization of patient information.

Supply Chain Documentation

In organizations with sophisticated supply chain operations, IDP can help automate the processing of shipping documents and receipts. It improves the visibility and traceability of goods in the supply chain by capturing and routing relevant data from shipping documents, invoices, bills of lading, and more.

What is the value of Intelligent Document Processing?

Eliminates challenges to scanning and indexing 

Organizations commonly receive documents via email, and some need to be manually scanned and indexed into their document management system. Regardless of how documents arrive, there is a still a need to organize, index, and route them.

 

Improved Efficiency

When the need for manual data entry and human intervention is eliminated, processes can be completed far more efficiently. Intelligent Document Processing automatically extracts relevant information from selected documents and can improve document-centric processes by routing them directly to the individuals or departments that need to review them. Because the manual data entry piece is eliminated, and workflow bottlenecks are reduced, processes can be completed faster and without error.

 

Continuous Improvement

IDP systems rely on AI engines powered by Google, Microsoft, and Amazon to continually improve over time. As more documents are processed globally, the system learns what to expect from documents from various sources and in every possible format. By continuously learning from past document processing experiences, these systems can become more accurate and efficient over time, further enhancing productivity.

 

Scalability

Intelligent Document Processing doesn’t exist in a vacuum, meaning the solution can be rolled out across an entire organization. The solution can easily scale to handle large volumes of documents, meaning that as your business grows, so does the solution. Efficiency remains without the need to invest in more personnel or additional resources.

 

Interested in VRC or the services we provide?

Don’t hesitate to reach out so we can learn more about your business.

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