AND Digital has launched its Intelligent Document Processing (IDP) Accelerator, an AWS-powered solution designed to unlock data trapped in documents, automate document processing and minimize errors.
Nearly 80% of business data sits locked within invoices, contracts, forms and correspondence. This leaves it inaccessible to analytics tools and slows process time. And about 60% of those documents lose accuracy when going digital due to manual data entry or documents being improperly handled.
As businesses look to become more efficient, adaptable and scalable, there is growing demand to automate the extraction and processing of this information, reducing manual effort and improving data quality.
AND Digital has launched its Intelligent Document Processing (IDP) Accelerator. This AWS-native solution uses AI, ML and OCR in an orchestration layer to transform documents of all types into actionable data. It includes the full ability to report and audit while enabling a human-in-the-loop step when necessary.
“Every day, teams waste hours on work that should take minutes, resulting in slower onboarding, frustrated customers, compliance risks – and the best people are stuck doing work a machine should handle," says Steve Van De Steene, Director of Product Management.
“Building an IDP solution from scratch can be difficult and expensive, particularly when every organization has different documents, processes and systems. Many businesses also struggle to move from a successful pilot to a solution that can be used at scale. By making intelligent document processing more accessible, we’re giving business teams greater control over how their documents are processed and how their data is used.”
A key capability of IDP is Smart Cost Routing. Costs are kept lean by this process that automatically routes documents to the right service-based process depending how complex they are and IDP enables No-Code Model Training. This helps business snalysts and SMEs to create, train, and retrain models through an intuitive UI without data science expertise.
IDP also has Human-in-the-Loop Integration, a point-in-time workflow step where business users review only documents with specific flags to ensure high accuracy and data quality and alleviate bottlenecks to reduce time costs. Real-time performance analytics also enable teams to monitor a centralized dashboard that processes health, model precision and overall processing efficiency.
AND’s Accelerator also allows organizations to track and rollback model versions with a full audit trail and deployment history through enterprise version controls. Its Rapid Deployment feature means teams can move 4x faster in deployment than traditional ground-up builds – from assessment to a production-ready IDP solution in weeks.
The IDP Accelerator is also now available in the AWS Marketplace. For more information about AND Digital’s Intelligent Document Processing capabilities, please visit here.
AND Digital is on a mission to close the world’s digital skills gap. Our award-winning approach to talent development makes us the go-to digital partner for some of the world’s most renowned organizations. By working collaboratively, we help you deliver value faster today and strengthen your in-house capabilities for independence tomorrow.
With an ever-growing team of experts, we’re hard at work guiding a diverse range of organizations to digital independence. Our unique model allows us to ‘Guide, Build and Equip’ the likes of British Airways, Nike, Sky, and Subway, giving them the critical skills they need for a successful future.
