Intelligent Document Processing (IDP) is the automated approach to classifying and extracting data from business documents by leveraging multiple artificial intelligence (AI) and machine learning (ML) technologies. This enables seamless end-to-end process automation, improving efficiency and accuracy.
Optical Character Recognition (OCR) is one of the aspects of IDP. While OCR identifies and converts printed or handwritten text into digital form, IDP encompasses a more sophisticated process. IDP extracts, classifies, validates, and integrates data into business workflows seamlessly, delivering superior accuracy and efficiency compared to OCR alone. IDP automation and scalability capabilities also make it ideal for managing large volumes of documents across various industries, significantly advancing operational performance and efficient data management.
Yes, including Makez.ai IDP tools, all the IDP tools can classify the documents.
We support the below types of documents –
The accuracy depends on the tool’s training, algorithms, and the quality of the input documents. Advanced IDP tools can achieve 90–99% accuracy, especially when combined with human-in-the-loop (HITL) verification.
Makez.ai IDP tool provides state of the art security standards with –
Yes, most IDP tools are designed to integrate seamlessly with enterprise systems like ERP, CRM, and RPA platforms via APIs or pre-built connectors. We provide the API’s and workflows to make integration seamless
Yes, our extraction engine does support the handwritten documents scanning and the extraction
Revolutionize document handling in your industry.