What is Intelligent Document Processing?

Intelligent document processing (IDP) uses AI technologies to extract, classify, interpret, and process data from a wide range of document types. Unlike traditional document processing, IDP handles your structured and unstructured data with ease. Humans only need to check in to validate data or handle exceptions.

Addressing the Pain Points

There are several challenges when processing documents. Here are four key pain points that IDP effectively addresses:

Manual data extraction: Traditional document processing often involves manual data extraction from documents. IDP automates this process, accurately capturing data and preparing it for seamless integration into your systems.

Slow processing times: Manually processing large volumes of documents slows down business operations and decision-making. IDP can speed up document processing by 70% by automating workflows, enabling quicker access to information.

Inconsistent data accuracy: Human errors in data entry lead to inconsistent and inaccurate data. IDP ensures high accuracy in data extraction, reducing errors by 52% and improving data consistency.

Compliance and security risks: Handling sensitive information manually increases the risk of non-compliance and data breaches. IDP integrates compliance and security features, ensuring that documents are processed securely and in line with regulations.

Best IDP Solutions

Selecting the right IDP solution is essential to fully leverage the benefits of automation. One of the top software solutions in the market is UiPath Document Understanding (DU), recognized for its high accuracy, flexibility, and seamless integration with existing enterprise systems.

A Guide to UiPath Document Understanding

UiPath Document Understanding is a robust IDP solution that automates the extraction and processing of data from PDFs, images, handwriting, and scans. This automated solution stands out for its ability to handle diverse document types while delivering fast, accurate, and adaptable processing capabilities.

Key Features of Document Understanding

• Composable Document Understanding framework: This flexible, drag-and-drop framework allows users to build comprehensive document processing workflows, automating even the most complex, high-volume processes.
• Advanced data extraction: Supports multiple extraction techniques, including regular expressions, AI models, and hybrid approaches, making it adaptable to both structured and unstructured documents.
• Human-in-the-loop validation: When the system detects low confidence levels or exceptions, human validation is incorporated through tools like Validation Station.
• Retraining and continuous learning: The system enables ongoing retraining of machine learning models based on human input, leading to improved accuracy and efficiency in document processing over time.

Download this brochure for more information about UiPath Document Understanding.

IDP Success Story: Canon USA

Canon USA’s finance department struggled with inefficiencies in processing 5,000 vendor invoices monthly, leading to errors and delays. Greenlight Consulting implemented UiPath Document Understanding, resulting in:

Thomas Earvolino, Director of Financial Systems at Canon USA, noted, “Greenlight Consulting was instrumental in this transformation, providing expertise and support throughout the project. We wouldn’t be here without them.”

The Future of Document Processing is Here

Adopting intelligent document processing is more than just a technological upgrade—it’s a transformative approach to managing your business’s data. By automating the extraction, classification, interpretation, and processing of both structured and unstructured documents, IDP not only enhances operational efficiency but also significantly reduces the risk of errors and non-compliance. With solutions like UiPath Document Understanding, your organization can streamline workflows, accelerate decision-making, and ensure data accuracy.