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Infosource Global IDP Vertical Market Analysis 2023-2024 Update

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These solutions are designed to acquire, classify, validate, and convert business inputs into valuable data for use in business transactions, analytics, records management, discovery, and compliance applications. All business inputs are interpreted to understand the content, and where and why it is needed.

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State of the Global Intelligent Document Processing Market 2023/2024

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We also forecast an ongoing strong demand for IDP solutions to automate Accounting processes while e-invoicing mandates expand, broadening into P2P and OTC automation. These solutions are increasingly utilized in end-to-end automation of business processes. One of the major impacts on the input mix is the adoption of B2B e-invoicing.

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Infosource Global Capture & IDP Vertical Market Analysis 2022-2023 Update

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For example, organisations in the Legal and Retail sector may see impressive ROIs. These solutions are designed to acquire, classify, validate, and convert business inputs into valuable data for use in business transactions, analytics, records management, discovery, and compliance applications.