Intelligent Document Processing (IDP) Software
Intelligent document processing (IDP) software enables companies to automate processing unstructured data such as documents, forms, and images and convert them into usable structured data. +Show More
| Products | Position | Customer satisfaction | |||
|---|---|---|---|---|---|
NanoNets |
Leader
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Satisfactory
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Nanonets uses advanced OCR and Deep Learning to extract relevant information from unstructured text and documents.
Digitize documents, extract data-fields, and integrate with your everyday apps via APIs in a simple, intuitive interface. Eliminate manual processes and automate invoice, receipt, document reviews.
Reduce processing time by upto 90% and save on costs by upto 50%.
Easy Integrations - API feeds captured data to CRM, WMS, DB, email & more
Scalable & Secure - GDPR compliance with on-prem option for additional security
Continuous Learning AI - The AI learns and improves as the usage multiplies!
Reduce TAT, Save Costs - Costs go down from $1 to $0.1 and TAT from days to minutes
Basis for EvaluationWe made these evaluations based on the following parameters; Customer satisfaction
Average rating
Market presence
Number of case studies
10-20 case studies
Company's number of employees
200-300 employees
Company's social media followers
40k-50k followers
Total funding
$10-50m
# of funding rounds
4
Latest funding date
March 12, 2024
Last funding amount
$10-50m
Company
Type of company
private
Founding year
2017
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Ephesoft |
Leader
|
Satisfactory
|
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Basis for EvaluationWe made these evaluations based on the following parameters; Customer satisfaction
Average rating
Market presence
Number of case studies
20-30 case studies
Company's number of employees
30-40 employees
Company's social media followers
5k-10k followers
Total funding
$10-50m
# of funding rounds
2
Latest funding date
July 11, 2017
Last funding amount
$10-50m
Company
Type of company
private
Founding year
2010
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Rossum |
Leader
|
Satisfactory
|
|
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Rossum provides a solution to automate data extraction from documents with Artificial Intelligence to create a world without manual data entry
Basis for EvaluationWe made these evaluations based on the following parameters; Customer satisfaction
Average rating
Market presence
Number of case studies
5-10 case studies
Company's number of employees
100-200 employees
Company's social media followers
10k-20k followers
Total funding
$100-250m
# of funding rounds
6
Latest funding date
January 26, 2024
Features
Invoice extraction
✅
Company
Type of company
private
Founding year
2017
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Grooper |
Leader
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Satisfactory
|
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Grooper is an intelligent document processing and digital data integration solution that empowers organizations to extract meaningful information from paper/electronic documents and other forms of unstructured data. The platform combines patented and sophisticated image processing, capture technology, machine learning, natural language processing, and optical character recognition to enrich and embed human comprehension into data. By tackling tough challenges that other systems cannot resolve, Grooper has become the foundation for many industry-first solutions in healthcare, financial services, oil and gas, education, and government.
Basis for EvaluationWe made these evaluations based on the following parameters; Customer satisfaction
Average rating
Market presence
Company's number of employees
50-100 employees
Company's social media followers
2k-3k followers
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Kofax TotalAgility |
Leader
|
Satisfactory
|
|
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Comprehensive Digital Transformation Platform.
Basis for EvaluationWe made these evaluations based on the following parameters; Customer satisfaction
Average rating
Market presence
Company's number of employees
1k-2k employees
Company's social media followers
50k-100k followers
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HyperScience |
Challenger
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Satisfactory
|
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HyperScience creates office automation products that streamline complex internal workflows and produce operational efficiencies to power better customer experiences
Basis for EvaluationWe made these evaluations based on the following parameters; Customer satisfaction
Average rating
Market presence
Number of case studies
5-10 case studies
Company's number of employees
200-300 employees
Company's social media followers
20k-30k followers
Total funding
$250-500m
# of funding rounds
9
Latest funding date
December 22, 2021
Last funding amount
$100-250m
Company
Type of company
private
Founding year
2014
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Infrrd |
Challenger
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Satisfactory
|
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Infrrd is a leading provider of proprietary and patented Intelligent Document Processing (IDP) solutions that leverage AI and ML technologies to extract and manage data from large volumes of semi-structured and unstructured documents. Infrrd offers pre-built and highly configurable solutions for managing complex documents with reliable accuracy while also allowing organizations to create and train custom models for their unique needs. Infrrd has IDP solutions for invoice, mortgage, and insurance document processing. With pre-built machine learning models for industry-specific documents, Infrrd makes automation easy and highly effective for each industry. Infrrd also combines its platform with its team of highly-specialized AI-trainers to provide a unique 100% Document Accuracy Delivered offering that is backed by performance-based pricing. Enterprises across the globe use Infrrd’s solutions to improve productivity, streamline operations, accelerate business scalability, reap cost efficiencies and deliver exceptional customer experiences. Infrrd Solutions for Intelligent Work: Infrrd for Invoice Infrrd for Mortgage Infrrd for Insurance 100% Accuracy Delivered
Basis for EvaluationWe made these evaluations based on the following parameters; Customer satisfaction
Average rating
Market presence
Company's number of employees
200-300 employees
Company's social media followers
30k-40k followers
Company
Type of company
private
Founding year
2017
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Workfusion Intelligent Automation Cloud |
Challenger
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Satisfactory
|
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RPA Express is a robotic process automation software that will increase your productivity. Free to install and easy to use.
Basis for EvaluationWe made these evaluations based on the following parameters; Customer satisfaction
Average rating
Market presence
Number of case studies
20-30 case studies
Company's number of employees
200-300 employees
Company's social media followers
30k-40k followers
Total funding
$250-500m
# of funding rounds
7
Latest funding date
March 9, 2021
Last funding amount
$100-250m
Company
Type of company
private
Founding year
2009
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Indico |
Challenger
|
Satisfactory
|
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Indico enables organizations to turn process in to profit by automating manual document-based workflows using unstructured content through intelligent process automation
Basis for EvaluationWe made these evaluations based on the following parameters; Customer satisfaction
Average rating
Market presence
Company's number of employees
50-100 employees
Company's social media followers
5k-10k followers
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Evolution AI |
Challenger
|
N/A
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Basis for EvaluationWe made these evaluations based on the following parameters; Customer satisfaction
Average rating
Market presence
Number of case studies
1-5 case studies
Company's number of employees
5-10 employees
Company's social media followers
4k-5k followers
# of funding rounds
1
Latest funding date
December 31, 2017
Company
Type of company
private
Founding year
2015
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“-”: AIMultiple team has not yet verified that vendor provides the specified feature. AIMultiple team focuses on feature verification for top 10 vendors.
Sources
AIMultiple uses these data sources for ranking solutions and awarding badges in intelligent document processing (IDP) software:
Intelligent Document Processing Leaders
According to the weighted combination of 4 metrics
What are intelligent document processing
customer satisfaction leaders?
Taking into account the latest metrics outlined below, these are the current intelligent document processing customer satisfaction leaders:
Which intelligent document processing solution provides the most customer satisfaction?
AIMultiple uses product and service reviews from multiple review platforms in determining customer satisfaction.
While deciding a product's level of customer satisfaction, AIMultiple takes into account its number of reviews, how reviewers rate it and the recency of reviews.
- Number of reviews is important because it is easier to get a small number of high ratings than a high number of them.
- Recency is important as products are always evolving.
- Reviews older than 5 years are not taken into consideration
- older than 12 months have reduced impact in average ratings in line with their date of publishing.
What are intelligent document processing
market leaders?
Taking into account the latest metrics outlined below, these are the current intelligent document processing market leaders:
Which one has collected the most reviews?
AIMultiple uses multiple datapoints in identifying market leaders:
- Product line revenue (when available)
- Number of reviews
- Number of case studies
- Number and experience of employees
- Social media presence and engagement
What are the most mature intelligent document processing (IDP) software?
Which one has the most employees?
Which intelligent document processing companies have the most employees?
159 employees work for a typical company in this solution category which is 136 more than the number of employees for a typical company in the average solution category.
In most cases, companies need at least 10 employees to serve other businesses with a proven tech product or service. 23 companies with >10 employees are offering intelligent document processing (idp) software. Top 3 products are developed by companies with a total of 300k employees. The largest company in this domain is EdgeVerve Systems with more than 300,000 employees. EdgeVerve Systems provides the intelligent document processing solution: XtractEdge
Insights
What are the most common words describing intelligent document processing (IDP) software?
This data is collected from customer reviews for all intelligent document processing companies. The most positive word describing intelligent document processing (IDP) software is “Easy to use” that is used in 1% of the reviews. The most negative one is “Difficult” with which is used in 1% of all the intelligent document processing reviews.
What is the average customer size?
According to customer reviews, most common company size for intelligent document processing customers is 51-1,000 employees. Customers with 51-1,000 employees make up 38% of intelligent document processing customers. For an average Automation solution, customers with 51-1,000 employees make up 424% of total customers.
Customer Evaluation
These scores are the average scores collected from customer reviews for all intelligent document processing (IDP) software. Intelligent Document Processing (IDP) Software are most positively evaluated in terms of "Overall" but falls behind in "Customer Service".
Where are intelligent document processing vendors' HQs located?
Trends
What is the level of interest in intelligent document processing (IDP) software?
This category was searched on average for 163 times per month on search engines in 2024. This number has decreased to 0 in 2025. If we compare with other automation solutions, a typical solution was searched 1.2k times in 2024 and this decreased to 0 in 2025.