How can IDP software simultaneously push through both the complexity barrier and expand to more complex documents? Machine Learning, that’s how. Now, I won’t ever make the claim that machine learning is a magical silver bullet, but when it comes to the chore of crunching large amounts of data to identify patterns and optimal solutions, […]
Don’t call it “OCR” anymore. Intelligent Document Processing (IDP) or what analyst firm Deep Analysis calls “cognitive capture” is something well beyond the traditional approach of applying brute force OCR on documents in order to create searchable content. In fact, increasing OCR is not needed at all with more and more documents born digital. All […]
Within practically any industry, key processes hinge upon access to information and data stored within documents and it is no less in healthcare. Even with significant advancements with EHR/EMR and interoperability, use of documents continues to flourish due to a number of factors including that documents are easy to use, and changing from documents to […]
Most organizations presume that the foundation of document automation relies upon optical character recognition (OCR). This is largely due to the fact that most documents are text-based and therefore, the primary methods available for automation tasks such as document classification and data entry require OCR (among other techniques). But the perspective that document automation is […]
Quick, which animal is smarter? If you selected the newborn baby. you’re right! And if you selected the newborn Gazelle, you’re right! Ok, both assertions cannot possibly be correct…can they? After all. the human will ultimately be able to communicate and do things that the Gazelle could never do. But the Gazelle, as a newborn, […]
Catch Me If You Can – Today, AI-powered software can mimic human investigators, detect check fraud in milliseconds and stop the scam.
The need for a data science approach where machine learning is applied to cognitive capture starts with high quality input data. Find out why.
Here are some guideposts that are useful in evaluating the authenticity of an AI capture product – whether it’s really cognitive capture.
The automation industry is on year-3 of its infatuation with everything machine learning and ‘unparalleled accuracy’ claims, what’s changed?
No machine learning to-date works with zero training, but advances to reduce the training required for reliable results are underway. Details here.
Key factors driving IDP adoption involve data science and specifically the confidence score that is arguably the most important factor involved with any decision to adopt IDP.
This new IDP article covers a major automation trend necessary for the claims submission-to-payment reconciliation process.