Intelligent Document Processing

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Let’s get real – most of us HATE paperwork. But documents are also the foundation of how our business gets done, from contracts to records to paper applications. Extracting and processing information from these documents involves operationally intensive processes. Or to put it simply, it’s a pain. Let’s get to the numbers involved:

  • 80% of a company’s information resources exist as unstructured data. 
  • 9 in 10 employees waste up to 8 hours a week looking for data within documents
  • Companies spend 15% of their revenue on creating, managing, and distributing paper documents

And the results? Unplanned delays, errors, wasted time and even financial implications when documents are processed poorly.

Introducing: Intelligent Document Processing

Intelligent Document Processing by Blox.ai leverages AI with programmable automation. And what can you do with it?

  • Convert data from semi-structured and unstructured documents into usable, structured formats.
  • Enable faster and more accurate processing of documents across use cases (Listed at the end!) with organized data that is optimized for downstream processes.

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