Infrrd IDP

by Aastha Jaspal, on May 18, 2023 12:04:44 AM PDT

To prevent becoming a victim of invoice fraud, it is important to implement fraud detection measures. Intelligent Document Processing is an effective method to detect fraudulent activities. IDP uses algorithms …

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Topics:Intelligent Document ProcessingFraud detection

by Aastha Jaspal, on May 17, 2023 10:15:00 AM PDT

Speed. Simplicity. Technology. These are the buzzwords you come across when you consider what more and more borrowers look for when they choose their lender. Labor-intensive and costly processing methods …

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Topics:Intelligent AutomationIntelligent Document ProcessingMachine LearningIDP InsightsAI TechnologiesNo Touch Processing

by Aastha Jaspal, on April 26, 2023 9:00:00 AM PDT

This article was not written by AI. Yes, a human wrote this article, which, looking at the gushing commentary across social media and office corners on the capabilities of ChatGPT …

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Topics:Intelligent AutomationIntelligent Document ProcessingMachine LearningIDP InsightsAI TechnologiesHuman in the Loop

by Anusha Venkatesh, on March 8, 2023 6:11:12 AM PST

According to a report by United Nations, India tops the world in producing female graduates in STEM but ranks 19th in employing them. While some unfair societal expectations keep female …

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Topics:Life at InfrrdAI Technologies

by Amit Jnagal, on December 23, 2022 11:00:00 AM PST

A decade of running startups has taught me one thing about myself - I am wrong a lot of times. I have been so sure about having hired rock star …

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Topics:Intelligent AutomationAI ReadinessIntelligent Document ProcessingMachine LearningIDP InsightsAP OperationsIntelligent Invoice Matching

by Anusha Venkatesh, on November 10, 2022 9:00:00 AM PST

Accounts Payable (AP) departments have thousands of invoices that need to be processed every month. In order to avoid unauthorized spending, invoice fraud, and duplicate or fraudulent payments to vendors, …

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Topics:Intelligent AutomationAI ReadinessIntelligent Document ProcessingMachine LearningIDP InsightsAP OperationsIntelligent Invoice Matching

by Sujith Parakkunnath, on October 6, 2022 11:30:00 AM PDT

Recently, Gartner published the report Hype Cycle for Natural Language Technologies, 2022, that evaluated various natural language technologies (NLT). In this report, Intelligent Document Processing (IDP) is referred to as …

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Topics:Intelligent AutomationAI ReadinessIntelligent Document ProcessingMachine LearningIDP Insights

by Sujith Parakkunnath, on September 6, 2022 9:00:00 AM PDT

Document rules (also known as business rules) are the icing on the cake for an Intelligent Document Processing (IDP) solution. You can enjoy a delicious cake even without the icing …

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Topics:Intelligent AutomationIntelligent Document ProcessingUnderstanding IDPIDP InsightsAI TechnologiesIDP Partner

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

Although businesses across various industries have benefited from automation technologies such as robotic process automation (RPA), low-code platforms and chatbots, most are yet to explore the opportunity to automate their …

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Topics:Intelligent AutomationIntelligent Document ProcessingUnderstanding IDPIDP InsightsAI TechnologiesIDP Partner

by Sujith Parakkunnath, on August 25, 2022 9:00:00 AM PDT

Choosing a new technology partner is like making a move in a chess match. A wrong move from your end gives your opponent a competitive edge. While automation is inevitable …

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Topics:Intelligent AutomationIntelligent Document ProcessingUnderstanding IDPIDP InsightsAI TechnologiesIDP Partner

by Sujith Parakkunnath, on August 18, 2022 11:00:00 AM PDT

What happens when you read a book that starts well but does not end well? Or, vice versa? The beginning of a book sets the tone, mood, expectation, etc., and …

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Topics:Intelligent AutomationIntelligent Document ProcessingUnderstanding IDPIDP InsightsAI Technologies100 Percent Accuracy

by Sujith Parakkunnath, on August 11, 2022 10:00:00 AM PDT

How do alerts make repetitive processes efficient? Let’s for a moment consider the job of a supervisor level in a manufacturing plant. And, this person’s responsibility is to monitor the …

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Topics:Intelligent AutomationIntelligent Document ProcessingMachine LearningOCR AlternativeIDP InsightsAI Technologies

by Sujith Parakkunnath, on August 3, 2022 9:00:00 AM PDT

During an interaction with an industry leader about his experience with IDP, said he had recently decided to automate his document extraction process because of the challenges faced with data …

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Topics:Intelligent AutomationIntelligent Document ProcessingMachine LearningOCR AlternativeAI Technologies

by Sujith Parakkunnath, on July 28, 2022 11:00:00 AM PDT

It is a human tendency to formulate assumptions while analyzing the difficulty of information extraction in documents. We automatically assume it is easier to extract information in the form of …

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Topics:Intelligent AutomationIntelligent Document ProcessingMachine LearningOCR AlternativeAI Technologies

by Sujith Parakkunnath, on July 13, 2022 10:00:00 AM PDT

We entered 2022 with focused goals, an industry-driven product roadmap and a futuristic perspective. As we kick off this third quarter, we remain focused on providing you features to help …

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Topics:Intelligent AutomationIntelligent Document ProcessingMachine LearningOCR AlternativeAI Technologies

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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