Intelligent Document Processing (IDP) is a leading-edge technology that Australian businesses can utilize to enhance their efficiency and streamline their processes. In today’s digital age, data, information, and knowledge are valuable assets for any organization, and IDP can enable businesses to effectively manage and leverage these resources. At Valenta, we specialize in providing consulting and implementation services for Intelligent Document Processing to Australian businesses. Our expert consultants possess the knowledge and experience to help businesses achieve their automation and digital transformation goals, optimizing their operations and driving growth. By adopting IDP technology, businesses can enhance their productivity, remain competitive in a rapidly evolving business landscape, and achieve long-term success. Valenta’s IDP services help Australian businesses unlock their full potential, achieve their strategic objectives, and thrive in the digital economy.

Why Intelligent Document Processing Makes Sense
Advanced technologies such as artificial intelligence (AI) and machine learning (ML) are employed in Intelligent Document Processing (IDP) to extract data and information from various types of documents such as invoices, receipts, contracts, reports, and forms. By implementing IDP, businesses can streamline their document-related processes, resulting in improved productivity, reduced errors, and time savings.  Combining IDP with Robotic Process Automation (RPA) enables businesses to achieve hyper automation, which is a crucial element of any digital transformation and automation strategy. Hyper automation empowers businesses to automate complex tasks, minimize manual intervention, and boost efficiency, enabling them to expand their operations and remain competitive in today’s rapidly changing business environment.  IDP can help businesses improve their overall performance, reduce costs, and enhance productivity, making it a critical tool in today’s digital economy.

Where Intelligent Document Processing is Needed
Various industries in Australia such as finance, healthcare, manufacturing, retail, logistics, and others require the capability to process large amounts of data accurately and swiftly. Intelligent Document Processing (IDP) can be highly beneficial in such scenarios. By automating the process of data extraction from documents, businesses can reduce the time, effort, and costs required for data entry, and gain valuable insights into their business processes, enabling them to make informed decisions. Adopting IDP technology can have significant impacts on businesses’ efficiency, accuracy, and overall performance, making it a critical tool for modern businesses looking to stay ahead in today’s competitive business landscape.

Advantages of Intelligent Document Processing
In addition to saving time and money, IDP reduces the risk of errors, improving accuracy and consistency. IDP can operate 24/7, and the software always follows the same procedures, making it reliable and efficient. IDP also helps with Business Intelligence (BI) and analytics, enabling businesses to identify trends, patterns, opportunities, and threats.

How Intelligent Document Processing is Used
Australian businesses can leverage IDP to automate time-consuming tasks such as invoice processing, purchase order handling, contract management, and customer database management. In the healthcare industry, IDP can help manage the large volumes of data involved in medical records. Valenta’s Intelligent Document Processing solutions are customizable to meet the specific needs and goals of Australian businesses.

Contact Us for Intelligent Document Processing
If you’re interested in learning more about Intelligent Document Processing and how it can benefit your business, contact Valenta today. Our Australia based team of experts can help you identify opportunities to streamline your processes, reduce costs, and improve productivity through IDP. Whether you’re a small business or a large corporation, we can help you achieve your automation and digital transformation goals with the latest technologies and best practices.

Working with Valenta for Intelligent Document Processing
Large companies have been taking advantage of IDP since it became available.  Midsized companies and small businesses have been slower to deploy Intelligent Document Processing.  For most businesses this is not due to a lack of desire.  Not deploying IDP typically comes down to not having access to the required skill sets.  IDP is a newer technology.  Developers and staff can be hard to find and also be expensive.  Valenta is 100% focused on midsized companies and small business.  We have local Managing Partners in cities and countries across the world.  Our Managing Partners are digital transformation experts.  They work with other local partners and SMEs or subject matter experts plus nearshore and offshore developers to deliver best in class Intelligent Document Processing solutions.  Digital transformation that makes sense for midsized companies is their mission.

Valenta IDP Processes and Methodology
Intelligent Document Processing consulting at Valenta adheres to project management best practices gained over multiple deployments.  Every Valenta IDP engagement follows the Valenta Way process.  Our Managing Partners and the Intelligent Document Processing team they assemble will execute against the below plan.  Intelligent Document Processing implementation is structured and easy with Valenta.

IDP Consulting and IDP Managed Services with Valenta
Valenta provides insightful Intelligent Document Processing consulting on all projects.  We can help clients implement IDP and then manage their own platform.  Valenta can also act as an IDP MSP.  Managed services can be a great way for midsized companies and small businesses to kick start their digital transformation journey.  Managed Services can also get Intelligent Document Processing projects started quickly and effectively.  Whether we are executing an IDP consulting project or launching an IDP managed service we will follow Valenta Way Intelligent Document Processing project planning principles.  Valenta Intelligent Document Processing managed services will typically involve an economical set up fee followed by cost effective monthly rates that have no lock ins. 

There human validation is usually the final check point, and this dependency can reduce over time as more documents and trained and processed by the AI. A combination of NLP, Unsupervised Learning, Deep Learning, ML, Google Vision, OCR are all deployed to produce the best results.

Our approach
Valenta believes in designing, modernizing, and building mission Critical technology systems which most clients depend on every day. We are a focused, independent company, implementing Valenta’s Business-Unit Prototype, we make sure that strategic requirements are covered, and that the solution is built from end-to-end from a chosen business function.

Here are the three simple steps we take for Automation implementations :

End Results
The end results will consist of a centralized team in charge of finding and promoting interesting analysis across the entire organization.

Local teams will be empowered to create and innovate. The centralized team identifies the most successful work being done at a local level and provides a platform to share and promote this work at a corporate level.

Valenta’s Managed Automation service is designed to Measure and Govern automation programs to align with business outcomes. Using a Managed Service not only offers Companies a much faster ROI, but it also enables organizations to repurpose their in-house resources to more revenue driven activities.

Also, the below steps help in providing right analytics capabilities for real-time marketing insights and decision making