Intelligent Document Processing (IDP)

In today's digital age, document processing is critical for businesses. Organizations often need help with data entry errors, lack of scalability, and manual processing delays. Intelligent Document Processing (IDP) solutions transform how businesses handle document processing tasks by automating data extraction and processing tasks. Intelligent Document Processing (IDP) is an advanced technology solution using Artificial Intelligence (AI) that enables organizations to digitize and automate unstructured data from various documents.

Cognitive automation platform that can extract information from Semi-Structured andUnstructured data

IDP leverages OCR, Computer Vision, Natural Language Processing (NLP), Machine Learning (ML) and Deep Learning (DL) Models to capture, classify, and extract the most difficult-to-automate data.

Can be Integrated to any system through API

Generative AI: Integration of Large Language Models within InferIQ

InferIQ comes with built-in integration of Bart - Large CNN Samsum and ChatGPT. Integrating large language models for data extraction is a transformative step toward unlocking the full potential of your data within InferIQ. Our robust solution seamlessly incorporates these models into AWS infrastructure, leveraging their advanced natural language processing capabilities. Through API integration, our system enables efficient data retrieval, automated text analysis, and structured information extraction.

With a focus on scalability and performance, our solution ensures high-speed processing of vast datasets, empowering your organization with timely and accurate insights. Experience the power of large language models in extracting valuable information, optimizing workflows, and driving data-driven decision-making.

Some of the benefits of LLM integration with InferIQ

Ability to send redacted information to high-quality LLM to maintain data security
Access to a vast knowledge base
Language fluency and natural conversation
Efficient handling of multiple conversations simultaneously
Automation of repetitive tasks
Reduction in human error
Consistency in information delivery

How Does IDP Work

IDP relies on artificial intelligence (AI) and machine learning (ML) algorithms to extract data from documents containing semi-structured or unstructured data. The technology combines optical character recognition (OCR), natural language processing (NLP), and ML to automate the capture, extraction, and classification of data from various document types.

Intelligent document processing begins by scanning or photographing documents, which are then converted into machine-readable text using OCR. The text is analyzed and processed using NLP algorithms, which can understand the context and meaning of the text. The system can then extract data from the text using machine learning algorithms, which can recognize patterns and make predictions based on previous examples and training data. This allows the system to extract information such as customer names, invoice numbers, or contract terms, and convert it into structured data that can be easily accessed and analyzed.

IDP Key Metrics

50%

Reduction in cost through intelligentdocument processing

10X

Faster go-live through process automation

85%

Reduced time in data organization processes

99%

Accuracy in extraction, enabling faster document processing

Key Benefits of Intelligent Document Processing

Cost Savings

Intelligent Document Processing can significantly reduce costs associated with manual document processing.

Increased Efficiency

Intelligent Document Processing streamlines document processing workflows and reduces time-consuming tasks, resulting in increased faster turnaround times.

Improved Accuracy

Machine learning algorithms and OCR technology can improve accuracy and reduce errors.

Increased Data Insights

Extract valuable data from documents, providing businesses with actionable insights that can lead to better business outcomes.

Reduced Human Error

Intelligent Document Processing reduces the risk of human error and the need for manual corrections.

Easy and Faster Integration

Intelligent Document Processing solutions can easily be integrated with your existing software and hardware.

Why InferIQ for your Intelligent Document Processing

InferIQ's Intelligent Document Processing solutions will help companies across various industries to solve document extraction or processing challenges. InferIQ offers an ecosystem helping companies turn their documents into processable data, leveraging the latest technologies like OCR, ML, Computer Vision, and Natural Language Processing. Our advanced Intelligent Document Processing tool will help you to improve the quality of your data and reduce costs.