For small and medium-sized companies, the sheer volume of paperwork and documents that need processing can create stacks of incomplete tasks and require hours of tedious work to transcribe the information accurately. IDP streamlines that process to help companies save time, money, and resources. IDP helps your company focus on what matters rather than on time-consuming manual tasks that can (and should) be automated.
AOTM uses technologies such as Machine Learning (ML), Deep Learning, Adaptive OCR, Natural Language Processing (NLP), and Computer Vision to classify, categorise, extract relevant information, and validate the extracted data.
AOTM IDP validates and ensures that the data is accurate and that no information is lost. AOTM extracts meaningful data from any document or format, and with ML working in tandem with AI, data validation becomes almost 99.9% accurate.
IDP is not just better than OCR but something new. OCR can scan documents and transform them into a machine-readable form. But it doesn’t “really” understand your data like IDP does. For instance, OCR can tell us that specific pixels are the numbers 1, 9, 7 5 – but it does not understand that it’s a year or a part of your Date of Birth; IDP does. As humans, we quickly understand the meaning behind certain words, and that’s exactly what IDP does for you. It understands text and documents.
6 Key differences between OCR and AOTM Intelligent Document Processing (IDP)
