Unlocking data potential:

In today's financial services firms, managing an ever-increasing volume of data—structured, semi-structured, and unstructured—is a growing challenge. With data flowing from loan applications, bank statements, insurance claims, and various communication channels, efficiency and accuracy are critical.

IDC and Gartner report that over 80% of enterprise data is unstructured, and by 2028, large enterprises are expected to triple their unstructured data capacity. Many firms have adopted intelligent document processing (IDP) solutions to handle this influx, achieving reduced error rates and faster service levels. However, traditional IDP solutions only address a fraction of the problem.

Fourth-generation IDP represents a leap forward, integrating seamlessly with end-to-end automation platforms to create frictionless workflows. This advanced technology not only enhances document processing efficiency and accuracy, but also captures invaluable insights from data and enriches business intelligence that can be used throughout the enterprise.

Our white paper explores the evolution from early document processing methods to the sophisticated AI-powered platforms of today. It highlights how the fourth-generation IDP builds on its predecessors, and details the critical role of AI in driving its effectiveness. Discover how integrating fourth-generation IDP can transform your organization's entire philosophy on data.

Download our white paper today.