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 recap:
🗞️News:
Following the acquisition of Intelligent Document Processing vendor Klippa just a week ago, SER Group is already announcing its next move with the acquisition of AFI Solutions
Intelligent Content Automation solutions provider SER Group has announced that it has acquired AFI Solutions, a specialist in SAP document automation solutions. Financial terms of the deal were not disclosed, and the transaction is subject to customary regulatory approvals. With this acquisition, SER Group will leverage AFI Solutions’ SAP offering for purchase-to-pay and order-to-cash processes and establish a new global SAP Center of Excellence. Dr. John Bates, CEO of SER Group, explained: “We see huge potential here, joining with our new colleagues from AFI to meet the requirements of global enterprise SAP customers as they undertake significant modernization programs – moving to the cloud, upgrading their SAP platforms, connecting SAP to other enterprise apps, and overall taking advantage of AI and automation to increase agility and reduce the costs of ‘content chaos’.” Thomas Förster, co-CEO of AFI Solutions, added: “Together, we will deliver even greater value to our shared customers through the Doxis Intelligent Content Automation platform and its broad range of solutions.” Just last week, SER Group announced the acquisition of IDP vendor Klippa out of The Netherlands. SER Group will integrate Klippa’s advanced Intelligent Document Processing capabilities into Doxis, its intelligent content automation platform.
Docsumo introduces its latest feature, Data Tables, for smoother document processing
Intelligent Document Processing vendor Docsumo has announced the launch of Data Tables, its latest feature that provides user with a single, consolidated view of all the extracted data in one structured table. With Data Tables, the user gets a unified view, instant searching and filtering (with the ability to find the exact data needed in seconds by searching or filtering across thousands of rows) and inline editing (for editing data points on the fly). Rushabh Sheth, Co-Founder and CEO of Docsumo, commented: “I still remember the first time a customer asked, “Can I see all my extracted data in one place?” That simple question stuck with us. Data Tables is our answer, and it’s been one of our most highly requested features for good reason.” Bikram Dahal, Co-Founder and CTO of Docsumo, added: “What I love about Data Tables is that it directly addresses a real-world pain point. This wasn’t just a “nice-to-have” – it was something many of you asked for, and we knew it would make your day-to-day work much easier. For me, it’s innovations like these that make our platform truly end-to-end for document processing.” To see Data Tables in action, check out this 7-minute video.
Konfuzio launches Konfuzio GPT with a private LLM
Intelligent Document Processing vendor Konfuzio has announced the launch of Konfuzio GPT, its platform for simplifying daily operations by automating the creation and editing of text, images and speech while maintaining full data control and data governance. Key highlights of Konfuzio GPT include that it offers more options and flexibility than other AI tools, at a more affordable price. This includes all OpenAI models, a private Large Language Model (LLM) from Konfuzio and even more language models and features, highest data security with the option to run on-premises, quick access to information and full customization with white-label capabilities.
AIDA launches AIDA 14.0 with three new features to enhance document automation
Intelligent Document Processing vendor AIDA has announced the launch of AIDA 14.0. The latest release of AIDA’s IDP platform offers three new features: A new UI/UX for better document relationship management (a redesigned user experience for easier navigation and faster operations), improved table analysis for faster data extraction (allowing users to effortlessly extract tabular information, even from thousands of rows across dozens of pages from PDFs, scans and digital documents), and enhanced PDF editing (allowing users to edit PDFs directly within the platform for greater flexibility and control).
TCG Process and Sefas join forces to transform customer communications
Intelligent process automation software provider TCG Process has announced a partnership with Sefas, a developer of Customer Communications Management (CCM). Through this partnership, TCG Process integrates its DocProStar IDP platform with Sefas’ Harmonie Communication Suite of CCM solutions to enable automated processing of incoming and outgoing documents to address challenges in customer service and management. Barry Richards, Managing Director at TCG Process UK and Ireland, commented: “This partnership enhances the value proposition for Sefas and TCG Process customers. Sefas clients gain rapid, cost-effective integration of legacy communication channels using DocProStar, while we further expand our support within regulated sectors by offering seamless integration with a proven and highly regarded Customer Communications Management solution.”
Ocrolus and Entech join forces to power AI-driven income verification for lending
Intelligent Document Processing vendor Ocrolus has announced a strategic partnership with digital consultancy Entech. Thanks to this partnership, the two companies will combine Ocrolus Intelligent Document Processing technology with Entech’s loan origination platform to help lenders speed up application review, automate manual steps and improve data accuracy. Zach Haehn, Chief Technology Officer at Ocrolus, explained: “Organizations looking to harness AI and automation need more than off-the-shelf solutions—they need purpose-built integrations that align with their unique workflows and compliance needs. Our deep expertise in developing financial AI applications allowed us to build a solution with Entech that not only enhances operational efficiency but also strengthens compliance and risk mitigation—giving lenders a clear competitive edge.”
UiPath launches IXP – according to analyst Dan Lucarini, this is about “far more than just Intelligent Document Processing”
Intelligent Document Processing vendor UiPath has announced the launch of Intelligent Xtraction and Processing (IXP), a new platform that integrates its existing Intelligent Document Processing products (Document Understanding and Communications Mining) with a new multi-modal data extraction capability. Deep Analysis’ Senior Analyst Dan Lucarini says the real news is that “the IXP platform is tightly integrated within UiPath’s new Agent Builder and the Agent Orchestration ecosystem, providing new AI agents with easy access to all UiPath document processing and understanding tools.” Read his article to learn more about UiPath’s latest launch.
ClearDox joins forces with BBGC to to transform commodity operations with AI-powered solutions
Intelligent Document Processing vendor ClearDox has announced a partnership with consulting firm BBGC. Under this partnership, the two companies will combine ClearDox’s commodity intelligence platform with BBGC’s comprehensive consulting services to provide clients in the commodities sector with access to streamlined operations, improved decision making and enhanced risk management. Rick Nelson, CEO at ClearDox, commented: “Partnering with BBGC is a significant milestone for ClearDox. BBGC’s deep understanding of the commodities industry and proven implementation expertise will accelerate the adoption of our AI powered commodity intelligence platform, enabling more businesses to harness the power of data and technology.”
TWAIN Working Group and Keypoint Intelligence join forces
Image acquisition device provider TWAIN Working Group (TWG) has announced a partnership with Keypoint Intelligence, a testing and certification lab for document scanning solutions, to launch a new subscription-based program. This program will provide comprehensive testing and certification services to developers, independent software vendors (ISVs) and scanning device manufacturers to ensure compliance with TWAIN Direct and PDF/Raster specifications, streamline development and improve hardware and software interoperability.
📰Article:
Transforming Compliance with AI: Insights from Parashift’s latest FSI Event
Last week, Intelligent Document Processing vendor Parashift hosted an event highlighting the power of AI in regulatory compliance in the finance and insurance sector. Read this article for insights from two speakers and key takeaways on the topic.
📊Report:
Unveiling the True ROI of Intelligent Document Processing
Intelligent Document Processing has proven to be a breakthrough solution to inefficient and error-prone manual document processing. But is it worth your investment? Read Everest Group’s latest report for a comprehensive analysis of the financial impact of Intelligent Document Processing.
📝Interview:
Human-in-the-Loop: Why TCG’s Patrick Ulrich Believes People Still Matter in IDP
Check out this interview in which Bill Dawes spoke with TCG Process CTO Patrick Ulrich about AI validation techniques, false positives, the value of human-in-the-loop, and more.
💡Opinion:
RPA vs. IDP: Technology Inflection that will Cannibalize a Whole Industry
The Intelligent Document Processing (IDP) industry is transitioning to Robotic Process Automation (RPA)? “It’s already begun,” says Brent Wesler, VP of Strategic Technology and Digital Automation at Records Management Solutions provider Vital Records Control (VRC). In his latest opinion piece, he takes us through the early days of document management and explains where Intelligent Document Processing originally came from, where he sees IDP as a standalone product and where he thinks RPA is more suitable than IDP. To read it, click here.
🎥Upcoming Webinar:
March 31, 2025, 10 am EST: Better Data, Better Decisions: How AI and Automation Are Reshaping Risk and Pricing
In this webinar, Intelligent Document Processing vendor Indico Data will explore how insurers can harness better data to improve risk evaluation, enhance underwriting precision, and make more informed pricing decisions that drive efficiency and profitability.
📆Upcoming Events (in-person):
March 31 – April 2, 2025: AI+IM Global Summit 2025 in Atlanta, US
Do you happen to be near Atlanta, US, in the next few days and want to gain practical insights on how your organization can succeed with AI? Join AIIM (The Association for Intelligent Information Management) as a last-minute attendee at the AI+IM Global Summit 2025 – secure your ticket now. Some of the highlights of the workshops, keynotes and interactive sessions that await you over the next 3 days:
- Getting started with data extraction and AI: Practical use cases (Workshop and Lunch) – Ready to move beyond AI hype and start using it today? Join this workshop hosted by Brent Wesler, VP of Strategic Technology and Digital Automation at Records Management Solutions provider Vital Records Control (VRC).
- Fueling Agentic AI: Unlocking the power of unstructured data (Workshop and Lunch) – Join Hyland’s VP of Product Content Intelligence, Rohan Vaidyanathan, and Deep Analysis’ Founder, Alan Pelz-Sharpe, in this interactive workshop to explore the five questions to ask your stakeholders when it comes to the implementation of AI and AI agents across your organization.
- Accelerating IDP implementation with Generative AI: From months to minutes (Interactive breakout session) – Transform your Intelligent Document Processing implementation – join KnowledgeLake’s VP of Product Marketing, Bart Peluso III, and learn to reduce document setup time from weeks to hours using GenAI-powered classification, simplify data extraction configuration through intelligent prompting, and accelerate your ROI by minimizing professional service requirements.
- Bridging strategy and execution: Your pathway to Intelligent Document Processing & AI-powered automation (Workshop) – Dive into automation planning with this hands-on workshop – hosted by Petra Beck, Senior Analyst at analyst firm Infosource, and Nina Carter, President of The Information Professionals (the InfoPros) – designed to align your strategic vision with actionable steps. In 90 minutes, you’ll explore a comprehensive framework for identifying automation opportunities and planning successful implementations, emphasizing Intelligent Document Processing and AI-driven solutions.
April 1 – April 2, 2025: ABBYY AI Summit 2025 in Vienna, Austria
Join Intelligent Document Processing vendor ABBYY at its first oft three ‘AI Summit 2025’ in Vienna, Austria, and benefit from a fantastic agenda, including the following highlights of keynotes and sessions:
- State of AI 2025: Trends, Truths, and Transformations – Join Maxime Vermeir (Senior Director of AI Strategy at ABBYY), Alexander Hanff (Cybersecurity & AI Governance Expert at Hanff & Co AB),Bernhard Hecker (Enterprise Transformation & Automation Strategist), Dr. Marlene Wolfgruber (Product Marketing Lead AI at ABBYY), and Martin Schwarz (Software Engineering & Digital Building Processes at TGC Consulting), as they’ll unpack the most pressing trends steering AI’s evolution, confront hard truths about its challenges, and unveil the transformative impacts that redefine what’s possible.
- Amplifying AI Potential by Unlocking Your Document Data – Join Slavena Hristova, Director of Product Marketing Document AI at ABBYY, to discover the groundbreaking development of Document AI in the enterprise landscape.
- The Hidden Playbook of Next-Gen AI – Join Dr. Marlene Wolfgruber, Product Marketing Lead AI at ABBYY, to discover the practical challenges lurking in the shadows, from unexpected implementation issues to the intricacies of next-gen models.
April 2 – April 3, 2025: Crawford Technologies 2025 Industry Summit in Chicago, US
At this year’s 2025 Industry Summit, software solutions and services provider Crawford Technologies is bringing together end users, analysts, consultants and industry experts to share best practices and trends in document automation.
April 9, 2025, 3:30 pm CEST: AI For Your Digital Mailroom: End-to-End Automation
Join Intelligent Document Processing vendor Parashift and intelligent process automation software provider TCG Process at this event to find out how AI-driven solutions are transforming incoming mail and increasing the efficiency of business processes.
📌Find more upcoming events and webinars in the Intelligent Document Processing space here.
Thank you for reading and see you next week!
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