In this section we cover news, insights and trivia about Intelligent Document Processing (IDP), share interesting articles, upcoming webinars, events and more.
What we cover in this week’s (yes, more like last week’s, since it’s Monday already) recap:
🗞️News:
IDP vendor Insiders Technologies is acquired by Proalpha
Intelligent Document Processing vendor Insiders Technologies has announced that it has been acquired by business application provider Proalpha. The closing of the transaction is still subject to customary regulatory approvals. According to Proalpha, the company will integrate Insiders Technologies’ product portfolio into its ERP and business applications, while continuing to make it available as a standalone offering for use with third-party systems. Werner Weiss, CEO of Insiders Technologies, commented: “The solutions from Proalpha and Insiders are a perfect match and, as integrated AI offerings, will deliver real added value to both existing and new customers. Complementary target industries also create a promising basis for successful cross-selling. Above all, however, the long-standing partnership has convinced us to now jointly exploit the full potential of the collaboration.” Eric Verniaut, CEO of Proalpha Group, explained: “With the acquisition of Insiders, we are now expanding this AI platform for our customers to include cognitive process automation in document-based workflows, which will fundamentally change decision-making processes and operational efficiency. With Agentic AI, further development towards a new generation of artificial intelligence will also play a central role.” And the analysis of Insiders’ acquisition by Petra Beck, Senior Analyst at Infosource: “Proalpha’s announced intent to acquire Insiders Technologies reflects two major trends reshaping the IDP landscape: the convergence of IDP with the automation of core enterprise processes—where ERP plays a central role—and the shift toward agentic automation.”
Infosource releases 2025 Global IDP Market Report
Analyst firm Infosource has released its annual “2025 State of the Global Intelligent Document Processing (IDP) Market” report, which is based on hundreds of conversations with vendors and end customers worldwide, combined with in-depth market analysis. This year’s report emphasizes IDP as a key enabler of autonomous, end-to-end automation and highlights its role in the intelligent automation of business processes. Infosource highlights robust market growth, with the IDP sector reaching over $8 billion in 2024 (up 14.5% year-over-year) and forecasts a compound annual growth rate (CAGR) of approximately 16% through 2029. The analyst firm expects some delay in adoption due to evolving regulatory frameworks, but anticipates that companies will accelerate the deployment of GenAI-powered IDP solutions, domain-specific language models, and agentic orchestration once governance and ROI requirements are addressed. Petra Beck, Senior Analyst at Infosource, commented: “IDP has evolved from a niche capability into a strategic foundation for intelligent automation. GenAI and agentic orchestration are not just incremental improvements; they are redefining how organizations achieve efficiency, compliance, and resilience in a rapidly changing regulatory and business environment.”
Affinda launches its new agentic AI document processing platform
Intelligent Document Processing vendor Affinda has announced the launch of its agentic AI document processing platform, which enables organizations worldwide and across all industries to create customized workflows and validation logic in natural language. According to Affinda, the platform achieves over 99% accuracy in extracting, structuring, and transforming data from any document type. To do this, Affinda’s IDP platform applies persistent model memory (RAG) and agentic workflows, combining LLMs with proprietary algorithms, reading order logic, and robust OCR. Anthony England, Head of Growth at Affinda, explained: “Until now, enterprises that wanted to automate their document-heavy processes were forced to compromise on accuracy, time to value or flexibility. Now they can get all three. Affinda’s platform can accurately extract any information from any document, in any format, fast. It’s world class, and our customers are blown away by how quickly they can get set up and how powerful the platform is.
Konfuzio announces a strategic partnership with plenum AG
Intelligent Document Processing vendor Konfuzio has announced a strategic partnership with plenum AG, a consulting firm for digital transformation projects. This opens up new market opportunities for both companies in the fast-growing FinTech and InsurTech segments, where regulatory compliance and technological innovation are equally crucial to success. Thanks to this strategic partnership, clients will benefit from technological innovations and strategic consulting from a single source, without having to coordinate complex partnerships themselves. Christopher Helm, Managing Director of Helm & Nagel GmbH, commented: “The use of business technology requires a comprehensive understanding of an organization’s processes and structures. With plenum AG, we have an experienced partner at our side who understands management consulting from a technological perspective.”
DOConvert joins forces with ERPiQ
Intelligent Document Processing vendor DOConvert has announced a partnership with IT services company ERPiQ to build an integration between DOConvert’s IDP platform and Priority Software, enabling users in the UK to digitize and optimize their document workflows. Avi Rafalson, Co-Founder and CEO of DOConvert, commented: “A big thank you to the ERPiQ team for the collaboration. Partnerships like this allow us to deliver even more impact to Priority Software users, making document automation seamless for companies across the UK.”
ParaScript joins forces with BIRGER.
Intelligent Document Processing vendor ParaScript has announced a partnership with technology solutions provider BIRGER. Thanks to this partnership, the two companies will combine ParaScript’s AI-powered check processing and fraud detection solutions with BIRGER.’s proven banking expertise to help commercial banks in Mauritius automate check processing, reduce costs, and strengthen fraud prevention. David Gerber, Senior Vice President of Sales at ParaScript, commented: “We are excited to expand our presence in Eastern Africa through this partnership with BIRGER. Their deep expertise in delivering technology solutions to the banking sector and financial institutions, combined with our proven check recognition and fraud detection software, creates a powerful synergy. Together, we are helping banks in Mauritius accelerate their digital transformation while protecting against evolving fraud threats.”
🎧Podcast:
Insight into ‘Market Momentum Index: Intelligent Document Processing (IDP) Survey 2025’
Check out the latest episode of the “We Love Ugly Data!” podcast from Deep Analysis, where Dan Lucarini provides insight into the brand-new “Market Momentum Index: Intelligent Document Processing (IDP) Survey 2025.” Dan and Matt also discuss the latest Vendor Analysis updates, including IDP vendors Retarus, Affinda, and Hyperscience.
💡The latest opinion pieces on IDP Community:
AI-Ready Isn’t Optional Anymore: Why Most Enterprises Still Miss the Last Mile
“Organizations that treat Intelligent Document Processing not as an accessory but as infrastructure will be the ones that thrive,” says Chris Huff, CEO of Adlib Software. Read more on this topic in his latest opinion piece ‘AI-Ready Isn’t Optional Anymore: Why Most Enterprises Still Miss the Last Mile’. Read it here.
Hidden Gems In Automation: Microsoft SharePoint’s Comeback as an ECM platform of choice and the Surprise Value of Power Platform
“Microsoft has directed most of their focus on Artificial Intelligence and automation. Closing the gap on feature functionality with their ECM solution has not been a priority for them organizationally, which left an opening for a strategic partner to come in,” says Brent Wesler, VP of Strategic Technology & Digital Automation at Vital Records Control (VRC). With its recent change in approach to 3rd party integrations, is Microsoft SharePoint making a comeback as an ECM platform of choice? Check out Brent Wesler’s latest opinion piece to learn more. To read it, click here.
The Case for Automation and the Expanding Role of IDP
In this opinion piece, Petra Beck, Senior Industry Analyst at analyst firm Infosource, explains how Intelligent Document Processing is becoming a strategic enabler for intelligent automation and how she interprets – from an analyst’s perspective – this changing landscape. Click here to read her opinion piece.
📌Find upcoming events and webinars (or add yours!) in the Intelligent Document Processing space here.
Thank you for reading and see you next week!
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