What is Automated Document Processing?
Automatic Document Processing or Intelligent Document Processing (IDP) automates data extraction and processing from various document formats. It uses automatic document processing which involves capturing every element from the document with the help of machine learning, artificial intelligence, computer vision, natural language processing, and OCR. By using, Automatic document processing software, you can save time, reduce manual labor and compliance requirements, and speed up the workflow environment.
Which Documents Can Be Automated?
- Bill of lading
- Invoices
- Purchase orders
- Receipts
- Pay slips
- Medical records
- Prescriptions
- Financial statements
- Legal Document
- Aviation Document
How to speed up Document Processing Using Automation Software ?
Many small or big business businesses spend countless hours manually processing documents, whether the size of the industry is big or small. Automatic document processing is very beneficial in this case to double up the speed of the operations. In this article, we will learn the exact reason and benefits of using automation software for document processing in your business.