{"id":14922,"date":"2023-07-04T11:42:12","date_gmt":"2023-07-04T06:12:12","guid":{"rendered":"https:\/\/www.vue.ai\/blog\/?p=14922"},"modified":"2024-06-27T16:25:59","modified_gmt":"2024-06-27T10:55:59","slug":"automated-document-processing-solution","status":"publish","type":"post","link":"https:\/\/www.vue.ai\/blog\/intelligent-document-processing\/automated-document-processing-solution\/","title":{"rendered":"Why Businesses choose Vue.ai\u2019s Automated Document Processing Platform?"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-transparent ez-toc-container-direction\">\n<p class=\"ez-toc-title\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a0b0f6d14de0\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a0b0f6d14de0\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.vue.ai\/blog\/intelligent-document-processing\/automated-document-processing-solution\/#the-need-for-an-automated-document-processing-platform\" title=\"The need for an automated document processing platform\">The need for an automated document processing platform<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.vue.ai\/blog\/intelligent-document-processing\/automated-document-processing-solution\/#vueais-capabilities\" title=\"Vue.ai\u2019s Capabilities\">Vue.ai\u2019s Capabilities<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.vue.ai\/blog\/intelligent-document-processing\/automated-document-processing-solution\/#vueais-automated-document-processing-unique-features\" title=\"Vue.ai\u2019s Automated Document Processing unique features\">Vue.ai\u2019s Automated Document Processing unique features<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.vue.ai\/blog\/intelligent-document-processing\/automated-document-processing-solution\/#summary\" title=\"Summary\">Summary<\/a><\/li><\/ul><\/nav><\/div>\n<span class=\"rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading Time: <\/span> <span class=\"rt-time\">6<\/span> <span class=\"rt-label rt-postfix\">minutes<\/span><\/span>\n<p class=\"has-drop-cap\">Organisations generate and manage vast amounts of data in multiple formats across various types of documents. From contracts and invoices to forms and reports, these documents are a crucial part of how businesses operate. <\/p>\n\n\n\n<p>However, as the volume of digital documents continues to grow, the task of managing and processing to achieve the desired business, functional, and operational\/tactical outcomes has become increasingly complex and time-consuming.<\/p>\n\n\n\n<p>As per <a href=\"http:\/\/globenewswire.com\/news-release\/2021\/08\/31\/2288864\/0\/en\/Global-Intelligent-Document-Processing-Market-By-Component-By-Deployment-Type-By-Enterprise-Size-By-End-User-By-Regional-Outlook-COVID-19-Impact-Analysis-Report-and-Forecast-2021-2.html\">GlobeNewswire<\/a>, \u201cthe core of digital transformation is business data, in which approximately <strong>80% of the business data <\/strong>is present in <strong>unstructured forms like emails, images, business documents, and PDFs.\u201d<\/strong><\/p>\n\n\n\n<p><strong>Automated document processing<\/strong><em><strong> <\/strong><\/em>is an important aspect of digital business operations because it allows companies to efficiently and accurately handle large volumes of documents. This includes contracts, invoices, reports, and other types of operational documents in fully structured, semi-structured or unstructured formats.&nbsp;<\/p>\n\n\n\n<p>Vue.ai offers solutions to help businesses streamline their operations, optimize costs, and process TATs in order to improve their decision-making &amp; <strong>increase the quotient of straight-through processing (STP).<\/strong> <\/p>\n\n\n\n<p>In this article, we will explore what sets Vue.ai\u2019s automated document processing platform capabilities and how it can help your organization achieve its goals.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"the-need-for-an-automated-document-processing-platform\"><\/span><strong>The need for an automated document processing platform<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-pullquote\"><blockquote><p><em>\u201cWe hardly see any product that can take us to 95% of automation. The current OCR engines cannot even read handwritten documents; everything comes down to doing half of the work manually\u201d<\/em><\/p><cite><em>Director- Global head of Automation, One of India\u2019s largest conglomerates&nbsp;<\/em><\/cite><\/blockquote><\/figure>\n\n\n\n<p>According to Gartner research, <strong>80 &#8211; 90% <\/strong>of all enterprise data is <strong><em>unstructured<\/em><\/strong>. Moreover,&nbsp; approximately 50% of RPA projects fail. The goal of <em>hyper<\/em>-automation is to achieve a high level of automation across the organization, resulting in increased efficiency, cost optimization, and improved accuracy.&nbsp; Thus, to efficiently <em>hyper-<\/em>automate processes in the future, you need to go beyond just traditional <a href=\"https:\/\/www.vue.ai\/blog\/intelligent-document-processing\/rpa-and-ocr-vs-idp\/\">rule-based solutions\/ RPA<\/a>.&nbsp;<\/p>\n\n\n\n<p>For example: In the healthcare industry, hyper-automation can automate the intake and processing of patient records and the management of medication lists. This helps reduce errors and improve the efficiency of patient care.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"960\" height=\"482\" src=\"https:\/\/www.vue.ai\/blog\/wp-content\/uploads\/2023\/07\/Intelligent-Document-Processing.png\" alt=\"intelligent automation capabilities\" class=\"wp-image-14923\" srcset=\"https:\/\/www.vue.ai\/blog\/wp-content\/uploads\/2023\/07\/Intelligent-Document-Processing.png 960w, https:\/\/www.vue.ai\/blog\/wp-content\/uploads\/2023\/07\/Intelligent-Document-Processing-300x151.png 300w, https:\/\/www.vue.ai\/blog\/wp-content\/uploads\/2023\/07\/Intelligent-Document-Processing-768x386.png 768w, https:\/\/www.vue.ai\/blog\/wp-content\/uploads\/2023\/07\/Intelligent-Document-Processing-150x75.png 150w\" sizes=\"(max-width: 960px) 100vw, 960px\" \/><\/figure>\n\n\n\n<p>Many companies claim to offer accurate, automation-driven, intelligent solutions for document processing. But there is <strong>hardly a solution that truly delivers on all three fronts.<\/strong> <\/p>\n\n\n\n<p>Traditional rules-based or RPA solutions are not capable of providing end-to-end automation and intelligence at scale. This makes it challenging for businesses to achieve complete digital transformation and scale their operations effectively.&nbsp;<\/p>\n\n\n\n<p>There is a growing demand for solutions that automate at least 90% of manual processes, provide a clear return on investment, and <strong>offer intelligent automation capabilities to handle data variance and complexity.<\/strong><\/p>\n\n\n\n<p> <a href=\"https:\/\/www.ibm.com\/watson\/resources\/ai-adoption\">According to the recent IBM Global AI Adoption Index 2022,<\/a> 30% of global IT professionals say employees in their organization are already saving time with new AI and automation software.&nbsp;<\/p>\n\n\n\n<h5 class=\"wp-block-heading\">Let us see Vue.ai and its capabilities in in intelligent\/ automated document processing solution help businesses streamline their processes and workflows.<\/h5>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"vueais-capabilities\"><\/span><strong>Vue.ai\u2019s Capabilities<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Vue.ai\u2019s automated document processing platform leverages advanced technology such as NLP, <a href=\"https:\/\/www.vue.ai\/blog\/intelligent-document-processing\/rpa-and-ocr-vs-idp\/\">Computer Vision and intelligent OCR<\/a>. Additionally, Vue.ai\u2019s proprietary intelligence layer follows an ensemble approach that uses relevant models for specific problem statements, steps and use cases. <\/p>\n\n\n\n<p>Its AI-powered system is capable of understanding the problem and context at hand, enabling it to effectively automate and scale the data processed.&nbsp;<\/p>\n\n\n\n<p>Let\u2019s dig a little deeper into each of these capabilities and understand why Vue.ai\u2019s IDP is a standout solution.<\/p>\n\n\n\n<ul>\n<li><strong>Document preprocessing: <\/strong>Before the documents undergo the extraction stage, Vue.ai\u2019s IDP preprocesses the documents for a quality check (blur detection, image quality). In this crucial process, the documents pass through the advanced OCR and machine learning algorithms which evaluate the document quality, ensuring that the document extraction is of the highest quality.<\/li>\n<\/ul>\n\n\n\n<ul>\n<li><strong>Contextual search:<\/strong> Vue.ai\u2019s automated document processing uses advanced <a href=\"https:\/\/www.vue.ai\/blog\/intelligent-document-processing\/rpa-and-ocr-vs-idp\/\">NLP and intelligent OCR technolog<\/a>y to achieve high levels of accuracy and reliability. Contextual search allows you to search for information within a large volume of documents based on their context. It takes into account surrounding text, metadata, and other relevant information to provide more accurate and relevant search results.<br><\/li>\n\n\n\n<li><strong>Handles a wide range of document types:<\/strong> Vue.ai IDP works well with a wide range of different input document types, including scanned documents and digital documents in various formats such as invoices, receipts, contracts, forms, reports, resumes, emails, PDF files, tables, checkboxes etc.<br><\/li>\n\n\n\n<li><strong>Extensibility to multiple use cases: <\/strong>Vue.ai\u2019s IDP can quickly adapt and scale to different types of documents and use cases beyond its original design which helps the system to deal with documents of variance at scale.<br><\/li>\n\n\n\n<li><strong>Easy integration with other systems:<\/strong> Vue allows easy integration with other systems by enabling a single point of integration for all necessary tools, reducing the need for multiple vendors by 4x and resulting in fewer tools and no data silos.&nbsp;<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"vueais-automated-document-processing-unique-features\"><\/span><strong>Vue.ai\u2019s Automated Document Processing unique features<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul>\n<li><strong>Custom-built intelligent workflows: <\/strong>Vue.ai\u2019s IDP goes beyond traditional process mining. It is flexible and allows you to create custom workflows to visualize any process you can think of, across all sorts of different fields. Plus, it comes with machine learning models ready to use, making it super easy to get started.<\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"823\" height=\"395\" src=\"https:\/\/www.vue.ai\/blog\/wp-content\/uploads\/2023\/07\/Vue-IDP-Workflow.png\" alt=\"Automatic Document Processing\" class=\"wp-image-14925\" srcset=\"https:\/\/www.vue.ai\/blog\/wp-content\/uploads\/2023\/07\/Vue-IDP-Workflow.png 823w, https:\/\/www.vue.ai\/blog\/wp-content\/uploads\/2023\/07\/Vue-IDP-Workflow-300x144.png 300w, https:\/\/www.vue.ai\/blog\/wp-content\/uploads\/2023\/07\/Vue-IDP-Workflow-768x369.png 768w, https:\/\/www.vue.ai\/blog\/wp-content\/uploads\/2023\/07\/Vue-IDP-Workflow-150x72.png 150w\" sizes=\"(max-width: 823px) 100vw, 823px\" \/><\/figure>\n\n\n\n<ul>\n<li><strong>Intelligent automation:<\/strong> Empower non-tech teams with a no-code workflow setup to build and visualize intelligent workflows for automating processes end to end. You can even use the drag-and-drop interface to program workflows with just a few clicks. This approach is particularly beneficial for tasks such as invoice processing and mortgage document processing, allowing non-tech teams to streamline these complex processes efficiently and effectively. It&#8217;s a great way for non-tech teams to empower themselves and enhance overall productivity.<br><\/li>\n\n\n\n<li><strong>Active learning with Human-in-the-Loop (HITL):<\/strong> Active learning happens when a human is actively involved in the training process by providing input or feedback to the machine learning system as it learns. With a short-term\/ active learning loop, you can train models each time you add a layer of intelligence &amp; learning. Using active learning with HITL enhances the overall efficiency and performance of the models and helps you drive accurate results with intelligent OCR, classification &amp; extraction.<\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"676\" height=\"297\" src=\"https:\/\/www.vue.ai\/blog\/wp-content\/uploads\/2023\/07\/Vue-IDP-workflow-2.png\" alt=\"Intelligent automation\" class=\"wp-image-14926\" srcset=\"https:\/\/www.vue.ai\/blog\/wp-content\/uploads\/2023\/07\/Vue-IDP-workflow-2.png 676w, https:\/\/www.vue.ai\/blog\/wp-content\/uploads\/2023\/07\/Vue-IDP-workflow-2-300x132.png 300w, https:\/\/www.vue.ai\/blog\/wp-content\/uploads\/2023\/07\/Vue-IDP-workflow-2-150x66.png 150w\" sizes=\"(max-width: 676px) 100vw, 676px\" \/><\/figure>\n\n\n\n<ul>\n<li><strong>Validate, match\/ reconcile<\/strong>: With Vue.ai\u2019s trainable models, you can easily deploy workflows that help you reduce your reliance on manual processes and scale your operations. These models are super accurate and can help you with actionable tasks like validation, matching, and reconciliation. Plus, they enable automation at every step, which makes it easy to automate and process your work and get more done in less time.&nbsp;<\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"770\" height=\"243\" src=\"https:\/\/www.vue.ai\/blog\/wp-content\/uploads\/2023\/07\/Vue-IDP-workflow-3.png\" alt=\"Document Processing\" class=\"wp-image-14927\" srcset=\"https:\/\/www.vue.ai\/blog\/wp-content\/uploads\/2023\/07\/Vue-IDP-workflow-3.png 770w, https:\/\/www.vue.ai\/blog\/wp-content\/uploads\/2023\/07\/Vue-IDP-workflow-3-300x95.png 300w, https:\/\/www.vue.ai\/blog\/wp-content\/uploads\/2023\/07\/Vue-IDP-workflow-3-768x242.png 768w, https:\/\/www.vue.ai\/blog\/wp-content\/uploads\/2023\/07\/Vue-IDP-workflow-3-150x47.png 150w\" sizes=\"(max-width: 770px) 100vw, 770px\" \/><\/figure>\n\n\n\n<ul>\n<li><strong>Measure &amp; improve: <\/strong>With this interactive dashboard, you can easily capture all the critical details you need and evaluate if they&#8217;re accurate. You can use it to monitor and measure field-level accuracy and improve your overall workflow metrics to meet your specific business needs. It&#8217;s a great way to keep track of everything and check if all the workflows are running smoothly.<\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"736\" height=\"426\" src=\"https:\/\/www.vue.ai\/blog\/wp-content\/uploads\/2023\/07\/Vue-IDP-workflow-4.png\" alt=\"Intelligent Document Processing\" class=\"wp-image-14928\" srcset=\"https:\/\/www.vue.ai\/blog\/wp-content\/uploads\/2023\/07\/Vue-IDP-workflow-4.png 736w, https:\/\/www.vue.ai\/blog\/wp-content\/uploads\/2023\/07\/Vue-IDP-workflow-4-300x174.png 300w, https:\/\/www.vue.ai\/blog\/wp-content\/uploads\/2023\/07\/Vue-IDP-workflow-4-150x87.png 150w\" sizes=\"(max-width: 736px) 100vw, 736px\" \/><\/figure>\n\n\n\n<p>Vue.ai\u2019s automated intelligent document processing do drives your digital transformation with a system that adds intelligence to automation at every step. Be it processing semi-structured or unstructured documents, extracting tables, checkboxes, handwriting or even fixing typos. <\/p>\n\n\n\n<p>Vue.ai\u2019s intelligent <strong>AI classifies all data source types<\/strong>, extracts data using intelligent OCR and verifies and lets you automate each step in the process. Thus, automating your business processes end-to-end.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"summary\"><\/span><strong>Summary<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Vue.ai\u2019s <a href=\"https:\/\/www.vue.ai\/solutions\/intelligent-document-processing-solution\/\">Intelligent document processing<\/a> considers the over-the-top challenges businesses face with <strong>unstructured data.<\/strong> From processing any input-type document or adding a layer of intelligent automation post the data extraction step, Vue.ai is capable of handling &amp; powering your unique business use cases in <strong>less time, resources &amp; money.<\/strong> Find out how your business can leverage the power of <strong>automated document processing platform<\/strong> with Vue.ai.&nbsp;<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">Read More About <a href=\"https:\/\/www.vue.ai\/blog\/intelligent-document-processing\/ultimate-guide-to-intelligent-document-processing-idp\/\">Intelligent Document Processing<\/a> Article<\/h4>\n","protected":false},"excerpt":{"rendered":"<p><span class=\"rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading Time: <\/span> <span class=\"rt-time\">6<\/span> <span class=\"rt-label rt-postfix\">minutes<\/span><\/span> Organisations generate and manage vast amounts of data in multiple formats across various types of documents. From contracts and invoices to forms and reports, these documents are a crucial part of how businesses operate. However, as the volume of digital documents continues to grow, the task of managing and processing to achieve the desired business,  &#8230;<\/p>\n","protected":false},"author":86,"featured_media":14932,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1493],"tags":[1490,1491,1492],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What is Automated Document Processing? : Ultimate Guide (2024)<\/title>\n<meta name=\"description\" content=\"Automated document processing is an important aspect of digital business operations because it allows companies to efficiently and accurately handle large volumes of documents.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.vue.ai\/blog\/intelligent-document-processing\/automated-document-processing-solution\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What is Automated Document Processing? : Ultimate Guide (2024)\" \/>\n<meta property=\"og:description\" content=\"Automated document processing is an important aspect of digital business operations because it allows companies to efficiently and accurately handle large volumes of documents.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.vue.ai\/blog\/intelligent-document-processing\/automated-document-processing-solution\/\" \/>\n<meta property=\"og:site_name\" content=\"Vue.ai Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/vueai\/\" \/>\n<meta property=\"article:published_time\" content=\"2023-07-04T06:12:12+00:00\" \/>\n<meta property=\"article:modified_time\" 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