Manual data extraction drains your team’s productivity as companies search for optimal approaches to reduce costs and boost efficiency. Your finance department processes hundreds of documents daily, yet when monotonous tasks like data extraction and entry consume significant effort and capital, backlogs keep growing while errors multiply with each manual entry.
Ask yourself:
- How much time does your team spend on repetitive document processing tasks that could be automated?
- What’s the actual cost of delayed document processing on your business relationships and compliance?
- With stacks of paperwork piling up, how are processing inefficiencies impacting your bottom line?
Modern businesses need more than basic OCR or template-based solutions. When processing and categorizing documents becomes a major challenge, a sophisticated IDP solution provides the answer.
Intelligent Document Processing (IDP) transforms how organizations handle their documentation workflows – from automated data extraction to instant categorization.
We’ve analyzed 11 top IDP solutions that can improve your document processing workflow in 2025. Our evaluation covers essential aspects like accuracy rates, processing speed, and integration capabilities to help you make an informed choice for your specific business needs.
What is Intelligent Document Processing (IDP)?
IDP or Intelligent Document Processing is a software that automates data extraction, classification, and storage from semi-structured and unstructured documents. It gets rid of any inaccuracies and significantly saves time and manual intervention.
IDP uses AI-based technologies to automate this process. They are:
- Machine Learning (ML)
- Optical Character Recognition (OCR)
- Robotic Process Automation (RPA)
- Natural Language Processing (NLP)
- Data Extraction and Classification Algorithms
According to market reports, the Intelligent Document processing market is estimated to generate a revenue of about $5.2 Billion by the year 2027. From cost-efficiency to data accuracy, businesses can leverage IDP to its full potential.
IDP can read, sort, extract, verify, and organize information from images, digital, printed, and even handwritten documents. It takes over manual tasks, making document processing faster, more accurate, and reliable.
In fact, IDP solutions have already been seamlessly deployed and have become an integral part of operational workflow in various industries such as:
- Healthcare and Medicine: Automating patient records, insurance claims, and medical documentation processing
- Supply Chain and Logistics: Processing bills of lading, shipping manifests, and delivery documentation
- Accounting and Finance: Streamlining invoice processing, expense reports, and financial statement analysis
- Law: Managing contracts, legal documents, and case file processing
- Trade Finance: Processing letters of credit, bills of exchange, and trade documentation
- Insurance: Handling policy documents, claim forms, and underwriting documentation
- Employee Reimbursement and Fraud Detection: Processing expense reports and identifying suspicious patterns in documents
Benefits of IDP Solutions
Integrating IDP solutions in your workforce will have a direct positive impact on overall employee productivity and financial savings. Its benefits are as follows:
- Increased efficiency: IDP solutions can automate a majority of manual tasks over time, like sorting, extracting data, and categorizing documents. This boosts productivity by freeing up valuable human resources for more strategic activities.
- Cost-saving: By reducing manual work, IDP solutions lead to significant cost savings. You can allocate your workforce to more strategic roles, rather than spending their time and energy on mundane and repetitive document tasks.
- Reduces the risk of human errors: Intelligent document processing reduces the scope of manual work, thereby reducing the risk of any kind of human error.
- Accuracy: With AI-powered algorithms, IDP solutions minimize up to 90% of errors that can occur during manual data entry. This ensures that extracted information is highly accurate, reducing the risk of costly mistakes.
- Time Savings: IDP speeds up document processing significantly. What used to take hours or days can now be done in a fraction of the time, allowing employees to focus on higher-value tasks.
- Scalability: As your business grows, so does the volume of documents. IDP solutions can handle a high volume of documents without compromising accuracy, making them scalable to your business needs.
- Data Insights: IDP solutions not only process documents but also extract valuable insights from the data. This can improve decision-making and provide a better understanding of your business processes.
- Compliance and Security: IDP solutions can enforce compliance by accurately processing documents according to regulations. Additionally, these solutions often have security measures in place to protect any sensitive data.
These advantages demonstrate why organizations across industries are adopting IDP solutions to transform their document processing workflows.
By combining efficiency, accuracy, and intelligence, IDP solutions provide a comprehensive answer to modern document management challenges while ensuring sustainable business growth and operational excellence.
Best IDP Solutions
Figuring out the best IDP solution for your business needs can be a bit overwhelming. Once you find the right solution for you, everything else becomes super easy.
Here are some of the best IDP solutions available on the market:
1. KlearStack
KlearStack is a dynamic, robust, and highly sophisticated Intelligent Document Processing (IDP) solution. With the power of Artificial Intelligence (AI), it helps to accelerate business automation.
You can eliminate 98% of manual work with the integration of KlearStack’s IDP solution, and get 99% accuracy. By utilizing KlearStack’s IDP software – you can cut down costs by 70% and increase overall productivity by up to 20%
| Key Features | Template-Less SolutionLine-Item Data ExtractionMulti-Page Invoice Data ExtractionBulk Invoice ProcessingIntegrationData ExtractionData ValidationDocument pre-processingStraight-Through-Processing (STP)Document ClassificationMultilingual Support15+ document type support |
| Benefits | Achieve 99% Accuracy 90% Cost Cut Down20x lower Set-Up CostTime-SavingReduced ErrorsNo Human Intervention |
| Pricing | Standard- Up to 100,000 pages per yearPremium- Up to 1 million pages per yearEnterprise- More than 1 million pages per year |
2. Laserfiche
Laserfiche is an enterprise content management and business process automation provider. Its well known IDP software helps businesses to digitize their process and effectively manage their information cycle.
With Intelligent Data Capture, it processes large volumes of content, extracts data, and organizes files automatically.
| Key Features | No coding requiredAI-powered intelligent character recognition |
| Benefits | Time-savingReduced errorsBetter data |
| Pricing | Starter- $50 per monthProfessional- $69 per monthBusiness- $79 per month |
3. UiPath
Document Understanding delegates bots to extract and interpret data from PDFs, images, and handwritten notes. A well received IDP software – UiPath bots can work with semi-structured as well as unstructured data in many layouts and formats.
| Key Features | Intelligent botsStart-to-end automation |
| Benefits | Improved accuracyEasy deployment |
| Pricing | Free- Unlimited individual automation runsPro- Robots to enable remote, on-demand executionEnterprise- Execute automated tests and RPA workflows with Test Robots |
4. ABBYY FlexiCapture
ABBYY helps to transform enterprise processes and data with purpose-built AI solutions. They help organizations turn their data into actionable outcomes which aids in better decision-making.
Through Its IDP software FlexiCapture, it transforms data using Artificial Intelligence (AI), Natural Language Processing (NLP), Machine Learning (ML), and advanced recognition capabilities from any document and format into insightful data that helps to make better decisions.
| Key Features | Straight-through processing of important documentsCloud availabilityIntelligent data extraction |
| Benefits | Control and complianceData validation |
| Pricing | Schedule a demo to learn more about pricing and other plans. |
5. Docketry
Docketry’s IDP software is designed using advanced AI and ML algorithms that handle complex documents easily and extract data accurately across various industries. It simplifies document processing helping you save time and effort.
| Key Features | Template-free processingIntelligent data captureEasy deploymentTiered pricing |
| Benefits | Error-free processingAccelerated productivity |
| Pricing | Request for a demo and contact for pricing information |
6. Automation Anywhere
Automation Anywhere’s IQ bot provides an IDP software that helps to transform important but unstructured data into easily accessible data. It uses RPA bots for end-to-end automation and leverages OCR technology.
| Key Features | Fast and seamless exception handlingAutomated classification |
| Benefits | Reduced set-up time |
| Pricing | Request for a demo or contact the sales team for pricing information and plans |
7. Infrrd
Infrrd’s IDP solution is an intuitive AI platform that automates the extraction of various types of documents with high-process intelligence. It helps businesses by providing flexible solutions with a high level of reliability and accuracy.
| Key Features | Easy API IntegrationIntelligent detection Enhanced document auditing tools |
| Benefits | Improved accuracyImproved complianceBetter decision-makingReduced costs and effort |
| Pricing | Basic- Document flagging, parking, and alerting toolsEnterprise- Process documents without any human review neededEnterprise Plus- 100% Document Accuracy Guarantee |
8. Super.ai
Super.ai’s IDP solution enables you to extract data from any document with high quality. It breaks down complicated tasks into simpler ones where each task is coupled with an AI, human, or software worker for optimal outcomes.
Its Data Processing Crowd is a workforce that is built for labeling data, post-processing, and handling exceptions.
9. Tungsten Automation (formerly Kofax)
Automation (Kofax) uses AI-powered software that helps businesses seamlessly automate their intensive workflows. It provides workflow solutions so that businesses can operate more intelligently and efficiently.
Through its IDP, it combines document capture and OCR technology to accurately process any type of document.
| Key Features | Security boost |
| Benefits | Workflow transformationAccelerated business outcomesReduced compliance risks |
| Pricing | Get in touch with the sales team to get pricing information. |
10. Datamatics
Datamatics is a Digital Technology, Operations, and Experiences company that helps enterprises boost their productivity and customer experience. Its Intelligent Automation platform harnesses the potential of IDP and RPA in order to automate tasks, processes, and documents.
| Key Features | AI at the coreBuilt for business |
| Benefits | ScalabilityFlexibility |
| Pricing | Get in touch with the sales team to enquire about pricing details. |
11. Rossum
Rossum is an end-to-end workflow automation platform. Its IDP solutions help to eliminate manual processes, improve data accuracy, and deploy workforce effectively. Its cloud-native solution is template-less and low code.
| Key Features | Template-freeLanguage agnostic |
| Benefits | High accuracyEasy integration |
| Pricing | Request for pricing details through their website. |
How to choose the best IDP solution for your business?
When it comes to choosing the right Intelligent Document Processing (IDP) solution provider, certain Key Performance Indicators (KPIs) are essential for evaluating their effectiveness and suitability for your business.
Selecting the right Intelligent Document Processing (IDP) provider hinges on key performance indicators (KPIs):
- Accuracy: Reliable data extraction to minimize errors. For instance, KlearStack offers 90% accuracy in just 90 days.
- Speed: Swift processing for enhanced efficiency. KlearStack eliminates 98% of manual work, with its accelerated processing.
- Adaptability: Handling various document types and volumes
- Integration: Seamless fit with existing systems.
- User-Friendly: Intuitive interface for smooth adoption.
- Security: Compliance with data protection regulations.
These KPIs form the foundation for evaluating IDP solutions that align with your organizational needs. By focusing on these metrics, you can select a solution that meets your current document processing requirements.
It’ll also scale with your business while maintaining high performance standards across all critical parameters.
Why Choose KlearStack?
Among various IDP solutions available today, KlearStack stands out through its advanced AI capabilities and proven results. As a leading provider in the intelligent document processing space, KlearStack delivers exceptional accuracy while offering cost-effective solutions for businesses of all sizes.
When evaluating the best IDP solutions for 2025, KlearStack’s combination of high accuracy, budget-friendly pricing, and significant cost savings makes it a compelling choice for modern businesses seeking efficient document management.
Key Features of KlearStack that makes it stand out:
- High Accuracy with AI: Achieves 99% accuracy through advanced AI-driven processing, ensuring reliable data extraction every time
- Cost-Effective Solution: Offers flexible pricing options while delivering up to 70% cost savings compared to manual processing
- Quick Implementation: Features a template-free approach for rapid deployment and immediate productivity gains
We invite you to see it for yourself. Experience how KlearStack’s IDP solution can simplify your daily operations and enhance efficiency for teams across departments. Our system is built for real business challenges — from invoice processing to compliance management.
- Hands-On Preview: See our IDP solution in action and get a live look at how it processes your sample documents
- Tailored Discussion: Ask questions about compatibility, potential cost reductions, and long-term gains
- Next Steps: Decide on a roadmap for a phased rollout or a pilot project that aligns with your organization’s goals
Whether you’re looking to automate invoice processing, streamline document workflows, or enhance data extraction accuracy, KlearStack provides the comprehensive tools needed to transform your document processing operations.
Reach out to Schedule a Free Demo Call Today!
Discover how KlearStack can become a trusted partner in modernizing your document management.
Conclusion
The top 11 solutions we’ve reviewed offer varying strengths in accuracy, processing speed, and integration capabilities to match different business needs.
Key Considerations for Your Final Decision:
- How does the solution’s accuracy rate align with your data quality requirements?
- What level of automation do you need to achieve your efficiency goals?
- Does the pricing structure match your budget while delivering expected ROI?
As organizations handle increasing document volumes, implementing an IDP solution becomes not just an option but a strategic necessity. The right choice depends on your specific requirements – from accuracy rates and processing speed to cost considerations and integration needs.
Essential Evaluation Criteria:
- Match between the solution’s capabilities and your document types
- Ease of integration with existing workflows
- Scalability to handle growing document volumes
- Security features and compliance standards
KlearStack’s IDP software stands out by combining 99% accuracy, significant cost savings, and template-free implementation. This makes it particularly valuable for organizations seeking to automate their document processing workflows without compromising on accuracy or budget constraints.
Take time to evaluate these solutions against your organization’s specific document processing challenges..
FAQs
Manual document workflows are time-consuming because they rely on repetitive tasks, human input, and inefficient processes.
– Data entry errors lead to rework.
– Slow processing impacts deadlines.
– Inconsistent handling disrupts operations.
Yes, many IDP providers offer free trials or demos.
– Most trials showcase core features.
– Request a demo for tailored use cases.
– Verify support for your specific document types.
Businesses face inefficiency and errors when managing large volumes of documents.
– Manual errors increase compliance risks.
– Slow workflows delay decision-making.
– Scaling processes with accuracy is challenging.
