What is Intelligent Document Processing (IDP)?

Intelligent Document Processing (IDP) is an advanced automation technology that uses Artificial Intelligence (AI) to classify, extract, and validate information from a wide variety of document types. Unlike traditional Optical Character Recognition (OCR) which simply converts images of text into machine-readable text, IDP goes a step further by understanding the context and structure of the information within the documents. This enables businesses to automate the processing of both structured and unstructured documents, such as invoices, contracts, and emails, with remarkable accuracy.

IDP solutions leverage a combination of AI technologies, including Natural Language Processing (NLP), machine learning, and computer vision, to mimic human-like understanding of documents. This allows IDP to handle the complexity and variability of real-world business documents, making it a transformative tool for digital transformation.

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