Document Automation Benchmarks: OCR & Document Processing
We benchmark leading OCR solutions, LLMs and intelligent document processing (IDP) platforms for accuracy and efficiency in document automation.
Explore Document Automation Benchmarks: OCR & Document Processing
Agentic Document Extraction: LandingAI & more
Agentic Document Extraction (ADE) is a specialized form of Optical Character Recognition (OCR) that extracts data from various file types. It combines document processing, data retrieval, structured output generation, and automation to streamline knowledge work. ADE stands out from traditional OCR by its ability to recognize complex document structures, such as tables, flowcharts, and images.
Receipt OCR Benchmark with LLMs
Extracting data from receipts is essential for businesses, as millions of employees submit their work-related expenses via receipts. With the latest developments in generative AI and large language models, data extraction accuracy has reached a level comparable to that of humans.
OCR Benchmark: Text Extraction / Capture Accuracy
OCR accuracy is critical for many document processing tasks and SOTA multi-modal LLMs are now offering an alternative to OCR.
Invoice OCR Benchmark: Extraction Accuracy of LLMs vs OCRs
Invoice processing is a critical yet labor-intensive business operation that traditionally requires manual data extraction and entry into accounting systems. This manual approach is time-consuming and susceptible to human error.
AP AI Applications & Tools for Accounts Payable Processes
AI eliminates the inefficiencies that plague manual AP, like fraud risk, data errors, slow payment cycles, and a lack of spending visibility. By implementing these AP AI tools, your finance team can achieve massive cost savings, boost compliance, and gain the strategic insights needed for better cash management.
Blackbaud AP Automation: 5 Software & Features Analyzed
Blackbaud offers accounting software, namely Financial Edge NXT. The product offers services in accounting such as: Although Financial Edge offers a wide range of solutions in the field of accounting, it can be improved with native software add-ons like Pairsoft for AP automation.
14 Rossum AI Alternatives / Competitors
Document processing is crucial in many industries such as finance automation and accounts payable. Alongside accounts payable AI (APAI) solutions, AI-driven Intelligent Document Processing (IDP) vendors such as Rossum capture attention. In this vibrant market, AP AI market spending is projected to surge to $1.9 billion by the end of 2025.
Top 10 Tungsten Automation (Kofax) Alternatives
With the acceleration of artificial intelligence (AI), businesses are constantly looking for tools to: Intelligent document processing (IDP) tools can do all this, and more. For this reason, the global Intelligent Document Processing (IDC) market sizeis expected to grow from USD 1.1 billion in 2022 to USD 5.
State of OCR: Is it dead or a solved problem?
Optical Character Recognition (OCR) is one of the earliest areas of artificial intelligence research. Today OCR is a relatively mature technology and it is not even called AI anymore which is a good example of Pulitzer Prize winner Douglas Hofstadter’s quote: AI is whatever hasn’t been done yet.