Invoice Processing
IDP streamlines invoice processing by automating data extraction, validation, and booking into an ERP system. Businesses can benefit from faster processing times, reduced costs, and improved data accuracy.
Technologies
Intelligent Document Processing
Extract data and business value from your enterprise documents with IDP
AI-powered efficiency
We use Intelligent Document Processing (IDP) to convert structured and semi-structured information from scanned or electronic documents into digital records, using machine learning and artificial intelligence. Documents are classified and categorised using assisted training and self-learning, and the information extracted using semantic text analysis. Exceptions can be escalated for human intervention when required to maintain quality.
IDP can reduce processing time by 50% or more, eradicating errors and having a radical effect on productivity and efficiency.
All types of documents can be exported and stored in any location, and IDP can extract specific line-item data from tables as well as standard text to digitise a wide range of business operations.
Transform documents into value
Whether your processes are on-premises or in the cloud, leveraging our best practice methodologies allows IDP to be deployed in a way that delivers considerable return on investment in short timescales.
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Most organisations still have to process high volumes of documents manually, such as invoices, legal documents or correspondence. These can be time consuming and costly to process, creating bottlenecks in workflows and often creating errors.
Use Cases
HR Onboarding
IDP streamlines HR onboarding by automating document processing, data extraction, and validation. This ensures a consistent and efficient process for managing employee documents.
Customer Onboarding
IDP automates form processing, accurately extracting data and integrating with other systems. This streamlines customer onboarding, reduces errors, and ensures a smoother experience.
Supply Chain and Logistics
IDP streamlines supply chain by automating shipping documentation and purchase order processing. This improves efficiency, reduces errors, and enhances supply chain visibility.
Compliance
IDP streamlines compliance management by automating document storage and flagging missing or outdated files. This ensures regulatory compliance and simplifies audit preparation.
Contract management
IDP streamlines contract management by extracting data, speeding up review, and ensuring accuracy. It can also help in creating new contracts by maintaining consistency and finding relevant terms or agreements.
Customer Service
IDP streamlines customer service by automating data extraction and creating knowledge articles. This enables faster responses, improved customer experience, and better communication.
Payroll
IDP streamlines payroll processing by automating data extraction, validation, and processing. IDP can also check data consistency, validate timesheets, and deductions.
Software Partners
EXPLORE TECHNOLOGIES
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