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:
ABBYY appoints Arnaud Lagarde as new Vice President of Sales EMEA
Intelligent Document Processing vendor ABBYY has announced that it has appointed Arnaud Lagarde as its new VP of Sales EMEA. Arnaud Lagarde joins ABBYY from OctaiPipe, where he most recently served as Chief Revenue Officer. Lagarde brings extensive sales and technical expertise in the field of AI-powered optimization, with previous roles including Vice President Europe at Automation Anywhere. Neil Murphy, Chief Revenue Officer at ABBYY, explained: “Arnaud brings a rare combination of deep technical acumen and commercial leadership across AI, automation, and advanced analytics. His experience in driving complex enterprise transformations and building high-performing teams makes him an ideal fit for ABBYY as we scale across EMEA and deliver even greater value to our customers.” Arnaud Lagarde commented on his new role: “I’m thrilled to be joining ABBYY as we enter a pivotal moment for intelligent automation across EMEA. With a background in scaling AI and automation businesses across multiple continents and industries, I look forward to helping our customers unlock new levels of efficiency and insight. My focus will be on enabling our teams and partners to accelerate growth, drive real business outcomes, and foster long-term innovation. The key to my success so far has been people development, and I am also committed to maximizing team performance while fostering a culture of integrity and innovation.” Lagarde will lead ABBYY’s revenue growth and strategy across the EMEA region, develop key partnerships, and guide customers through their digital transformation.
Box announces major platform updates with AI Agents for enhanced data extraction
The intelligent content management platform Box has announced its all-new Box AI platform. This enables customers to leverage AI agents for search, deep research and advanced data extraction, among other capabilities. With enhanced data extraction, Box AI agents transform unstructured data into actionable data. Thanks to OCR, document intelligence and natural language processing, Box AI agents automatically extract key information such as dates, financial figures, clause types and contract terms. Aaron Levie, Co-Founder and CEO of Box, explained: “The future of enterprise AI will be defined by intelligent agents that can work together across systems, each bringing unique context and capabilities to the table. Just as APIs once connected software, AI agents will change the way we work – and that transformation will be most profound when applied to enterprise content. With this next evolution of Box AI, we’re putting the intelligence of millions of files directly into the hands of users and into the AI tools they already use. These Agents will integrate seamlessly across platforms, helping teams make faster, more informed decisions while preserving the security and compliance enterprises depend on.” Dan Lucarini, Senior Analyst at Deep Analysis, commented: “Box AI’s Agent approach aligns with broader agentic AI trends we’ve been tracking in intelligent document processing, ECM and automation. Seems every vendor is releasing – or planning to release – agents that extract data. Last year Box acquired IDP software company Alphamoon and it looks like they’re leveraging the Polish company’s document AI expertise for the new data extraction agents.” To get the in-depth view on all platform enhancements, read the Box blog here.
Datamatics reports Q4FY25 results
Intelligent Document Processing provider Datamatics has announced its standalone and consolidated results for Q4 (which ended March 31, 2025). Datamatics reports a 20.5% year-on-year increase in revenue and a 15.3% year-on-year increase in EBITDA. Rahul Kanodia, Vice Chairman and CEO of Datamatics, commented: “We delivered a steady performance in Q4FY25, with revenue at ₹497.2 crore, up 20.5% year-on-year, and EBITDA at ₹74.5 crore, reflecting a 15.3% growth. For FY25, we recorded a revenue of ₹1,723.4 crore, reflecting a year-on-year growth of 11.2% over FY24. Going forward, we will continue to focus on our strategic accounts, expand our presence in the US and European markets, and maintain cost discipline. We believe in AI’s transformative potential and remain committed to delivering real, impactful business outcomes for our customers through our AI-first approach.”
Klippa joins forces with Ben Accord Business Solutions
Intelligent Document Processing vendor Klippa has announced a strategic partnership with Ben Accord Business Solutions, a technology consultancy specializing in ERP (SAP HANA). Through this partnership, the two companies will combine Klippa’s DocHorizon IDP platform with Ben Accord’s industry expertise to help businesses in Australia optimize their operations and increase efficiency. Yogesh Balraj, Director & Senior Consultant at Ben Accord Business Solutions, commented: “The combination of Klippa’s technology and our ERP experience is a game-changer for businesses looking to modernize and stay competitive. We’re ready to help our clients reduce costs, improve profitability, and enhance operational efficiency through this partnership.”
Parashift is selected by one of the largest private hospital groups in Germany (via newsletter)
Intelligent Document Processing vendor Parashift has announced that Sana Kliniken AG, the third largest private hospital group in Germany, has selected Parashift in collaboration with Bolten IT Solutions for a large-scale proof-of-concept. According to the IDP vendor, they will classify clinical documents to reduce manual touch points and thus speed up patient workflows.
xSuite joins forces with Trenex Consulting
Software manufacturer and workflow solutions provider xSuite has announced a partnership with Trenex Consulting, an IT advisory firm with deep expertise in financial process automation and SAP-driven business optimization. As a result of this collaboration, Trenex Consulting is now an xSuite Solution Partner and can distribute, implement and support xSuite’s solutions for automated invoice and procurement processes as well as archiving across the USA, Europe and the APAC region. Andreas Nowottka, Managing Director at xSuite, commented: “We are excited to welcome Trenex as a solution partner that combines deep market knowledge with a strong track record in business process automation. Their commitment to delivering innovative and future-proof solutions to SAP clients around the globe aligns perfectly with xSuite’s mission.
Kanverse.ai introduces the Ruby release
Intelligent Document Processing vendor Kanverse.ai has announced the launch of the Ruby release of its IDP platform. The Ruby release includes several new features and enhancements, including: A new reporting feature that allows users to effectively analyze data to make important data-driven decisions, provide transparency and ensure compliance; Platform Health Monitoring that improves platform performance, increases reliability and ensures availability; a filtering feature that allows users to filter data or lists by predefined criteria. Other enhancements include an improved dashboard for better navigation.
📰Article:
Indexing in Intelligent Document Processing
Why is indexing a critical component for document processing workflows? And what are the common challenges with traditional indexing methods? Check out the article by Intelligent Document Processing vendor Planet AI to find out.
💡Opinion:
How IDP Transforms Document Accessibility Remediation
“The effort it takes to convert a regular PDF into a compliant PDF can be significant and time-consuming,” writes Ernie Crawford. This is where Intelligent Document Processing can help. But how exactly? In this opinion piece, Ernie Crawford President/CEO and Founder of software solutions and services provider Crawford Technologies, explains exactly that.
🎥Upcoming Webinars:
May 22, 2025, 1 pm EST: How to Stay Ahead in the Rapidly Evolving Market for Capture & IDP Solutions
What does a successful Intelligent Document Processing solution look like in today’s market? Register for this webinar from AIIM Florida Chapter, and learn from Ralph Gammon, Senior Analyst at Infosource, what he sees in terms of capabilities and market demand, and what sets solutions apart.
June 4, 2025, 12 pm EST: Demo Days – IDP and Automation Excellence
Finding the perfect Intelligent Document Processing solution can be overwhelming—especially with rapidly evolving AI and automation capabilities. Join AIIM Demo Days for this two-hour session to simplify your search.
June 10, 2025, 1pm EST: ABBYY Ascend 2025
Join ABBYY Ascend 2025 for insightful sessions led by experts on the future of purpose-built AI, interactive demos of ABBYY’s latest AI-powered capabilities, as well as first looks at upcoming features and innovations.
📆Upcoming Event (in-person):
May 21, 2025: ABBYY AI Summit in London, UK
The last of three ABBYY AI Summits of 2025 is happening in London, UK. You can expect a day full of keynotes and insights from leading experts on the state of AI in 2025, how to maximize your AI investments, how to prepare your business for the future when it comes to compliance and data privacy, and much more.
📌Find more upcoming events and webinars in the Intelligent Document Processing space here.
Thank you for reading and see you next week!
📨Get IDP industry news, distilled into 5 minutes or less, once a week. Delivered straight to your inbox ↓
