According to expert estimates, up to 90% of corporate information remains unstructured, making it difficult to search and analyze. InBase has published an overview of artificial intelligence (AI) solutions that help automate document workflows.
Key AI capabilities in document management
- Intelligent Document Processing (IDP) and automatic document classification.
- Recognition of structure, tables, metadata, and headings.
- Fast information retrieval within large archives of unstructured data.
- Content analysis and summarization of key details in contracts and invoices.
- Business process automation based on extracted data.
Significance for Ukrainian business
Implementing AI allows companies to increase operational efficiency, reduce costs, and free employees from routine tasks to focus on strategic goals. Typically, digitalization begins with the automation of individual processes, such as invoice processing, and then scales across the entire document management system.
How to respond
To leverage these AI capabilities, businesses should:
- Identify routine document workflows that can be automated immediately, such as invoice processing or metadata extraction.
- Implement Intelligent Document Processing (IDP) tools to structure existing archives.
- Gradually scale digitalization from individual processes across the entire corporate document management system.
Prepared by a Software Ukraine member. Original publication.