INDUSTRY-INSIGHTS

IDP

IDP Financial Services - Uncomplicating, Accelerating and Streamlining your organization

Read this article to learn how different financial services are using IDP for document processing and how the roadmap looks like if you decide to go that way.
Pankaj Tripathi
March 4, 2022
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6 min
read
LENDING

A Guide to Automating Loan Document Data Extraction

With an automated data extraction solution, loan documents can automatically be processed end-to-end without any human errors and delays. Automation in loan document processing prevents downtimes, eliminates data redundancy, and allows companies to respond faster to client queries. By combining machine learning with deep learning and OCR, companies can eliminate huge costs, derive actionable insights, and streamline loan processing and approvals through efficient data extraction and analysis.
Pankaj Tripathi
September 13, 2021
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8 min
read
LENDING

A Guide to Automating Mortgage Document Data Extraction

Mortgage lenders receive multiple identity and income verification documents along with different forms from loan applicants in a variety of formats and styles. Traditional OCR solutions fail to extract data from these semi-structured documents and that’s why more and more lenders are adopting intelligent document processing solutions. IDP solutions not only extract data correctly, they are able to validate extracted data against predefined rules in order to improve accuracy.
Pankaj Tripathi
September 13, 2021
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7 min
read

Get detailed automation stories & case studies to expand your process automation knowledge

Given the immense benefits it has to offer, more and more companies are inclined towards automating their accounts payable (AP) processes.
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DATA-EXTRACTION

Best Insurance Claims Automation Software in 2021

Best 5 insurance document processing software in 2021. Read this blogs to learn about top insurance claim automation solutions and see how they fit in your system.
Pankaj Tripathi
August 9, 2021
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4 min
read
IDP

Introduction to Bank Statements - Importance, Requirements, and Benefits

Definition of bank statements and why they are used by companies. Read this blog to learn about elements of bank statement and data extraction from bank statements.
Pankaj Tripathi
July 15, 2021
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4 min
read
IDP

An Introduction to Financial Account Statements and different types

Learn about different types of financial statements. Read more to learn about benefits and importance of these financial statements for BFSI industry.
Pankaj Tripathi
July 15, 2021
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4 min
read
DATA-EXTRACTION

5 Best Purchase Order Data Extraction Software for Automation

Take a look at top 5 best purchase order data extraction software available in 2021. The comparison is based on accuracy, efficiency, customer satisfaction, and pricing to help you choose the best invoice automation software for your business.
Pankaj Tripathi
June 25, 2021
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4 min
read
IDP

Acord Form Processing: All You Need to Know

A quick guide to all the major Acord forms, their importance, processing, and automation. Learn how you can automate data extraction from different Acord form with Docsumo's intelligent OCR API.
Pankaj Tripathi
May 21, 2021
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8 min
read
IDP

Top 7 Intelligent Document Processing Solutions in 2022

Let's have a look at 7 best intelligent document processing(IDP) software to look forward to in 2022. The comparison is based on accuracy, efficiency, customer satisfaction, and pricing to help you choose the best invoice automation software for your business.
Pankaj Tripathi
April 23, 2021
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read
DATA-EXTRACTION

5 Best Bank Data Extraction Software in 2021

Take a look at top 5 best bank data extraction software available in 2021. The comparison is based on accuracy, efficiency, customer satisfaction, and pricing to help you choose the best invoice automation software for your business.
Pankaj Tripathi
March 31, 2021
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3 min
read
OCR

10 Best OCR software in 2022

Let's have a look at 10 best OCR software to look forward to in 2022. The comparison is based on accuracy, efficiency, customer satisfaction, and pricing to help you choose the best invoice automation software for your business.
Pankaj Tripathi
March 25, 2021
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5 min
read