In this section, we cover news, insights and trivia about Intelligent Document Processing (IDP), share interesting articles, podcasts, reports and more.
What we cover in this week’s Intelligent Document Processing recap:
News:
Instabase partners with Sonic Automotive As one of the largest automotive dealers in the US, Sonic Automotive relies on the efficient processing of huge volumes of invoices to pay their suppliers. The integration of Instabase’s automation platform aims to do just that.
RPA and hyperautomation market with large growth forecasts According to the latest report from MarketsandMarkets, the global RPA and Hyperautomation market size is to grow from USD 9.2 billion in 2022 to USD 26.0 billion by 2027, at a CAGR of 23.1% during the forecast period.
Infrrd announces industry-first 100 percent accuracy offering To achieve this accuracy, Infrrd couples its IDP platform with its team of data experts, who act as human-in-the-loop when needed and are able to learn from initial errors in the processing data and correct them quickly.
One of Japan’s largest trading companies adopts ABBYY’s IDP platform ABBYY announced that ITOCHU Corporation, one of Japan’s largest trading companies, has integrated its IDP platform to combine IDP with RPA to improve the efficiency of paper-based order transactions.
E-Book:
How AI-based invoice processing is reshaping OCR Leading large enterprises, BPOs, and software vendors are gradually turning away from legacy OCR solutions for a number of reasons, and are increasingly turning to Intelligent Document Processing solutions for invoice processing instead.
Webinar:
Dive into the world of hyperautomation Join Roboyo’s CEO Americas and CGO in this webinar to learn about the tremendous potential of hyperautomation and how you can leverage it to outperform your competition, among other topics.
Podcast:
Banks use IDP to automate the KYC process, among other things In this 14-minute podcast from The Buzz on Bank Automation News, you’ll learn how banks are using Intelligent Document Processing to automate their KYC process while adding value in other areas as well.
See you next week!
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