Intelligent Document Processing News: Weekly Recap

In this section, we cover news, insights and trivia about Intelligent Document Processing (IDP), share interesting articles, podcasts, reports and more.

What we cover in this week’s Intelligent Document Processing recap:

News:

Laiye acquires AutoML company Intelligent automation provider Laiye has announced the acquisition of Intelligence Qubic, an automatic machine learning company. With Intelligence Qubic’s AutoML offering, Laiye expects to improve the accuracy of AI models, further developing business value transformation.

UiPath expands integrations with Box Leading enterprise automation software company UiPath has announced that it has expanded its integrations with Box, a cloud content management. With the addition of Box Sign (secure electronic signature of documents), teams can automate content capture, routing, distribution, and electronic signing of documents, saving time previously spent on manual, repetitive tasks.

UiPath acquires NLP company Re:infer And UiPath again: The leading enterprise automation software company has announced the acquisition of Re:infer, a natural language processing (NLP) company that has developed a no-code conversational data intelligence platform. With this move, UiPath aims to expand the capabilities of its UiPath platform by further unlocking the value of unstructured data within an enterprise.

Article:

IDP and HITL for best results Read this article from IDP vendor Infrrd to learn why with IDP 95% accuracy doesn’t translate to 95% correct values, and how a powerful Intelligent Document Processing solution combined with human-in-the-loop can deliver the best results for an organization.

Why a Chief Automation Officer can reduce risk Enterprise automation encompasses a wide range of processes, so it may be increasingly important for companies to hire a chief automation officer to stay on top of innovations in intelligent automation, among other things, as this article discusses.

Podcast:

Intelligent automation misconceptions and benefits Listen to this 25-minute podcast to learn more about the misconceptions about intelligent automation, such as that fixing bad processes doesn’t necessarily change the outcome, as well as the benefits of intelligent automation, such as automating invoice processing.

Upcoming webinar:

How AI helps underwriters Over 80% of data received by underwriters is unstructured, making the underwriting process slow and error-prone. Join this webinar on August 10 to learn how AI-powered solutions like Intelligent Document Processing turn large amounts of data into actionable insights and make the underwriting process faster and more efficient.

See you next week!

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