Infrrd IDP

by Sujith Parakkunnath, on June 30, 2022 9:30:00 AM PDT

The Great Resignation and Data Entry Jobs There is no doubt that COVID-19 changed the world dramatically during the past two years. It has also set the “Great Resignation” into …

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Topics:Intelligent AutomationAI ReadinessIntelligent Document ProcessingOCR AlternativeDocument Accuracy

by Shiv Vignesh, on June 6, 2022 5:21:02 AM PDT

As you probably already know, Optical Character Recognition (OCR) is the electronic conversion of images of typed, handwritten, or printed text into machine-encoded text. The source can be a scanned …

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Topics:Intelligent AutomationOCROCR AlternativeTechnology Insights

by Sujith Parakkunnath, on May 26, 2022 12:15:00 PM PDT

Recently, Infrrd launched Infrrd for Mortgage, an AI-led intelligent document processing (IDP) solution specifically designed for the mortgage industry. Our announcement generated a lot of interest from mortgage providers of …

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Topics:Intelligent AutomationIntelligent Document ProcessingMachine LearningOCR AlternativeAI Technologies

by Sujith Parakkunnath, on May 12, 2022 9:00:00 AM PDT

If you are struggling to hire data entry roles to help extract data from documents, please take comfort in the fact that you are not alone. Businesses and institutions of …

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Topics:Intelligent AutomationBusiness InsightsIntelligent Document ProcessingMachine LearningAI Technologies

by Sujith Parakkunnath, on April 28, 2022 9:30:00 AM PDT

Invoice processing is critical to the Accounts Payable (AP) department of any business operation. Still, many businesses are stuck with traditional, slow, and inefficient invoice management solutions. If you look …

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Topics:Intelligent AutomationAI ReadinessBusiness InsightsIntelligent Document ProcessingMachine LearningIntelligent Invoice Processing

by Amit Jnagal, on March 24, 2022 11:30:00 AM PDT

With rising home sales in the US and increasing demand for the use of technology in the mortgage approval process, IDP-driven end-to-end automation is expected to make a significant impact …

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Topics:Intelligent AutomationAI ReadinessBusiness InsightsIntelligent Document ProcessingMortgage Document Processing

by Sujith Parakkunnath, on February 23, 2022 11:45:00 AM PST

Intelligent Document Processing (IDP) is a relatively new segment of technologies aimed at intelligent automation. As we talk to prospects and answer their questions about IDP, we find some repetitive …

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Topics:Intelligent AutomationBusiness InsightsIntelligent Document ProcessingIDP Insights

by Amit Jnagal, on February 9, 2022 10:45:00 AM PST

One of the most frequent questions we get asked is we already have an in-house data processing team, what can IDP offer in addition Before we answer this, let’s look …

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Topics:Intelligent AutomationBusiness InsightsIntelligent Document ProcessingIDP Insights

by Sujith Parakkunnath, on January 27, 2022 1:00:00 PM PST

If you are looking for an IDP solution, you are looking at extracting meaningful information from a large volume of documents. Most of these documents have tables, which is a …

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Topics:Intelligent AutomationAI ReadinessIntelligent Document ProcessingMachine LearningIDP Insights

by Amit Jnagal, on January 20, 2022 11:45:00 AM PST

When I was a young engineer a couple of years out of college, I was very keen on making a name for myself as an outstanding coder. Someone who was …

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Topics:Intelligent AutomationAI ReadinessIntelligent Document ProcessingOCROCR Alternative

by Sujith Parakkunnath, on January 12, 2022 9:15:00 AM PST

When you start looking for an intelligent document processing (IDP) solution for your business, one of the first questions that vendors ask you is what kind of documents do you …

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Topics:Intelligent AutomationAI ReadinessIntelligent Document ProcessingOCR AlternativeMortgage Document Processing

by Sujith Parakkunnath, on January 5, 2022 9:04:05 AM PST

According to Gartner, "The market for document capture, extraction, and processing is highly fragmented. Data and analytics leaders should use this research to understand the process flow and differentiated capabilities …

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Topics:Intelligent AutomationAI ReadinessIntelligent Document ProcessingOCR AlternativeUnderstanding IDP

by Amit Jnagal, on December 21, 2021 9:56:41 AM PST

2021 is slowly coming to an end. This was a big year for IDP platforms. They gained a lot of traction and made inroads into a lot of operations teams, …

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Topics:AI ReadinessIntelligent Document ProcessingOCR AlternativeMortgage Document Processing

by Amit Jnagal, on December 16, 2021 11:00:00 AM PST

In over two decades of my professional experience, I never came across a ‘happy’ OCR customer. I would go as far as saying that there are no happy OCR customers! …

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Topics:Intelligent AutomationAI ReadinessBusiness InsightsIntelligent Document ProcessingOCR Alternative

by Sujith Parakkunnath, on December 9, 2021 10:34:28 AM PST

According to Gartner, "The market for document capture, extraction, and processing is highly fragmented. Data and analytics leaders should use this research to understand the process flow and differentiated capabilities …

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Topics:Intelligent AutomationIntelligent Document ProcessingOCR AlternativeUnderstanding IDP

About this blog

AI can be a game-changer, but only if you know how to play the game. This blog is a practical guide to turning AI into real business value. Learn how to:

  • Make sense of complex documents and images.
  • Extract the data you need to drive intelligent process automation.
  • Apply AI to gain insights and knowledge from your business documents.

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