More than ever, procurement teams need an in-depth understanding of critical information trapped in contract agreements and other documents to manage risk more effectively, make better purchasing decisions and streamline ongoing administration.
AI-powered intelligent document processing (IDP) platforms can automate the extraction and analysis of data from virtually any document. These systems learn from experience, adjust to new inputs and perform document analysis faster and cheaper than humans – with far fewer errors.
In this eBook, you’ll discover what intelligent document processing is and how it can improve performance and drive efficiencies within procurement.