Intelligent Document Processing: Capturing the Opportunity

According to Quocirca’s Document Trends 2024 Study, a significant 63% of organisations are gearing up to increase their investment in intelligent document processing (IDP) within the next year. This number is even more pronounced in sectors such as business and professional services and finance, where the figures jump to 68% and 69%, respectively. IDP is becoming increasingly recognised as a powerful force in workflow automation, equipping organisations to adeptly navigate the complexities of managing and securing myriad enterprise document formats.

At the heart of digital transformation, IDP stands as a pivotal enabler, streamlining data extraction and processing to foster a more agile and responsive business environment. For print suppliers and channel partners, this technological evolution unlocks significant opportunities. It paves the way for them to diversify their offerings, enhance customer value, and secure a competitive edge in a landscape that’s increasingly shedding its reliance on paper.