Company
Date Published
Author
Prithiv S
Word count
985
Language
English
Hacker News points
None

Summary

Traditional receipt OCR scanning methods face limitations in accuracy, manual validations and categorisations, and limited integration capabilities. However, IDP software combines artificial intelligence, machine learning, and workflow automation to transform unstructured data into structured usable data that integrates seamlessly with other business operations, automating tasks like expense reporting and reimbursements.