Nividous Launches Enhanced IDP Capabilities within its Integrated Intelligent Automation Platform
Nividous Leverages Native AI to Accurately Extract Data From Any Document and Source Type to Enable End-to-End Business Process Automation
IDP is not just OCR. Traditional OCR can scan documents and transform them into a machine-readable structure but cannot understand the data. IDP contextually understands data by employing self-learning, and advanced AI techniques that allow more accurate, speedy data extraction.
IDP is not Robotic Process Automation (RPA). RPA is an automation tool that runs on a defined set of rules to process specific tasks. RPA cannot make sense of the context on its own and requires human intervention or support from other technologies like IDP to produce automated processes that require decisions based on unstructured data.
Nividous invests heavily in its R&D efforts and constantly works towards simplifying the overall experience of using its intelligent automation platform which is consistently shown to be very fast to implement and easy to learn. Nividous plans to introduce more domain specific IDP solutions, including insurance and healthcare and support for multi-page data extraction.
Find out more about IDP and how Nividous can help you with this technology here.
