Optimize costs through Noise elimination

According to a recent McKinsey report, automating document processing with IDP has the potential to save organizations up to 90% in operational costs. IDP solutions provide greater accuracy through advanced machine technologies built over deep human expertise. With consistently better accuracies through an IDP solution, a mortgage lender can utilize the manpower for more important […]

Invoice processing – IDPs are a better fit for Invoice processing compared to RPAs

Documents such as invoices, purchase orders, checks, receipts, etc have no standard format. However, businesses need to enter the information from these paper documents into the financial systems and ERPs. A lot of manual effort is spent in classifying the documents and extracting the data for analysis. As time is limited: – errors generally creep […]