What is Intelligent Document Processing?
Business data is usually present in different formats, across sources. A lot of business data is unstructured and semi-structured. IDP (Intelligent Document Processing) leverages AI, along with programmable automation (such as repetitive tasks), to convert data into usable, structured formats, and for consumption by downstream systems.
Using Natural Language Processing (NLP), Computer Vision (CV), Optical Character Recognition (OCR) and machine learning tools, Blox.ai identifies, labels and extracts relevant data from any type of document. The AI then maps this extracted information into a structured format while configuring a model which can be applied to all similar document types. The Blox.ai stack is set up to reconcile the data based on business requirements and to push the output to downstream systems automatically.