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Learn how AI agents enable straight-through processing on trade confirmations by improving document extraction, matching accuracy & operational control.
What is Intelligent Document Processing
Intelligent document processing (IDP) involves using technologies such as artificial intelligence (AI) and machine learning (ML) to automate the extraction, validation and processing of data from documents. Intelligent document processing removes or reduces the need for manual processes to identify and extract relevant data points from unstructured data sources and documents such as emails, PDFs or faxes.
By analyzing documents like invoices, contracts, and forms, IDP systems can extract relevant information, enhance accuracy, and streamline document-intensive business processes, reducing manual effort and improving efficiency.