Glossary · AI & ML
IDP
Intelligent Document Processing
Intelligent Document Processing (IDP) combines OCR, AI, and workflow automation to extract, classify, validate, and process document information at scale without templates.
In short
Intelligent Document Processing (IDP) reduces document processing costs by 70-80% through automated extraction and validation. Common applications include accounts payable automation and insurance claims processing. BespokeWorks deploys Intelligent Document Processing solutions for UK businesses, typically live within 7 days.
Definition
What is Intelligent Document Processing?
Intelligent Document Processing (IDP) combines OCR, AI, natural language processing, and workflow automation to handle documents as intelligently as humans but exponentially faster. IDP reads any format, identifies document types automatically, extracts fields without rigid templates, validates against business rules, and routes appropriately, eliminating 80-90% of manual data entry.
The IDP market is projected to reach $12.8 billion by 2030, driven by organisations digitising paper-heavy processes in finance, healthcare, legal, and insurance. Modern IDP platforms use transformer-based models that understand document layout, context, and meaning, achieving 95-99% extraction accuracy even on documents never seen before.
BespokeWorks implements IDP solutions tailored to your specific document types and business rules. Our deployments include custom model training, validation workflows, exception handling, and seamless integration with your ERP, CRM, and accounting systems, delivering end-to-end document automation.
Where it earns its keep
Real-world applications.
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Accounts Payable Automation
Extracts invoice data from any format, matches against purchase orders, validates amounts and tax calculations, routes for approval, and posts to accounting, processing hundreds of invoices daily.
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Insurance Claims Processing
Processes claims forms, medical reports, and supporting documents automatically, extracting key data, validating coverage, flagging fraud indicators, and routing for adjudication.
Why it matters
Key benefits.
- Reduces document processing costs by 70-80% through automated extraction and validation
- Accelerates document processing from days to minutes with instant extraction
- Achieves 95-99% accuracy rates across varied document formats and layouts
See how Intelligent Document Processing fits your business.
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