In today’s digitally driven world, automation has seamlessly crawled into every aspect of various business processes. Thus, automation for document creation and assembly, data gathering, integration and analysis is the need of the hour for modern enterprises to survive in the competitive world.
What is Document Automation?
Document Automation is the process of generating accurate documents using well-defined rules in a blink of an eye. In most cases, document automation is accomplished with the help of programs that use complicated functions to create an immaculate document using template/rule-based input to create an error-free document automatically without any manual intervention.
However, with IDP AI (Lynk), document automation is a much more simplified and effortless process. IDP AI (Lynk) is not a template/rule-based document automation solution. This solution operates on how AI trains itself with a sample document uploaded or provided via a data source to the IDP system. It then automatically classifies and processes the data to generate a list of data elements that can be verified manually or using NLP.
Benefits of AI-powered Document Automation
Document Automation helps enterprises run their business operations smoothly without the hitch of data collection and interpretation. AI can change the landscape of document automation tremendously by mitigating the risks associated with manual data entry and providing fruitful outcomes under new and dynamic scenarios.
With AI-powered document automation, companies can:
- Reduce Redundancies: Manual processing of documents is prone to errors like duplication and redundancies. However, with AI-powered document automation, these fallacies can be controlled substantially.
- Lower Processing Time: AI can significantly lower the document processing time and generate relevant documents within a fraction of a second.
- Improve Accuracy: Contextual data extraction is one of the many features of AI-powered document automation. With its ability to handle complex data, AI can create functional and pertinent documents efficiently.
- Extract Unstructured Data: Data comes in all shapes and sizes. And with AI, extracting data from unstructured documents like invoices, forms, and contracts becomes a piece of cake. Moreover, AI-enhanced OCR effortlessly captures text from handwritten and scanned documents.
- Enhance Security: With its ability to analyse content for sensitive information, AI can implement the best end-to-end encryption method to keep the document secure and compliant.
- Summarize Lengthy Documents: AI-powered document automation can dynamically generate an adequate summary of an extensive document, highlighting the main ideas crucial to the document.
What is IDP AI (Lynk)?
Intelligent Document Processing AI (Lynk) is a revolutionary document management technology that can automate and streamline document extraction, classification, and analysis for numerous industries. Lynk Document Intelligence Solution is an AI-driven platform that expedites the document management process by eliminating the complexities of constraint-based processes for industries such as:
- Retail and E-commerce
- Insurance and Healthcare
- Finance and Accounting
- Legal
Key Features of IDP AI (Lynk)
- Automated Document Classification
- Natural Language Processing (NLP) for Contextual Understanding
- Multi-language Support
- Adaptive Workflow Automation
- Customizable AI models
- Version Control with AI Insights
- Machine Learning Models for Fraud Detection
In a Nutshell: Choose AI to Automate Your Document Processes
Leveraging AI to transform document automation is a cost-effective, seamless, agile, profitable, and scalable solution to refine and add a new perspective to the document automation process. It ensures an overall and tremendous growth and development of companies.
Ready to embrace the power of AI to transform your document management process? Get started with our free trial of the IDP AI (Lynk) solution to experience the future of document management. All you need to do is visit us at https://jediteck.com/pages/contact-us and/or write to us at info@jediteck.com