AI Can’t Work Without Good Data—And Most of It is Stuck in Documents
Blog – AI Can’t Work Without Good Data—And Most of It is
Stuck in Documents.
AI is only as good as the data it’s fed. No matter how
advanced an AI model is, if it doesn’t have access to high-quality,
structured data, it won’t deliver accurate insights or automation. And
here’s the problem: most businesses don’t have clean, structured data sitting
in a neat database. Instead, 80% of enterprise data is trapped in
unstructured formats—PDFs, emails, scanned contracts, invoices, reports,
and handwritten forms.
This is why Intelligent Document Processing (IDP) is
rapidly becoming the cornerstone of AI initiatives across industries. Without
IDP, businesses struggle to extract and leverage the very data that AI needs to
function effectively.
Why AI Needs IDP to Succeed
Most AI initiatives fail—not because the technology doesn’t
work, but because companies don’t have the right data infrastructure in
place. AI models rely on clean, structured information to generate insights,
automate tasks, and make intelligent decisions. But when that data is buried
inside documents, AI can’t access it efficiently.
IDP solves this problem by:
·
Extracting data from unstructured
documents in real time
·
Validating and cleaning data to remove
errors and inconsistencies
·
Structuring information so AI can process
it seamlessly
·
Integrating with business applications to
automate workflows
Think of IDP as the bridge between raw business data and
AI-driven automation. Without it, companies waste time manually inputting
data, increasing the risk of human error and slowing down AI adoption.
Where IDP is Making the Biggest Impact
Because data is the fuel for AI, businesses are
pouring investments into IDP to streamline operations, improve decision-making,
and unlock automation opportunities. Some of the fastest-growing use cases
include:
Financial Services & Insurance – Automating
claims processing, loan approvals, and compliance checks by extracting critical
data from documents like bank statements, policy agreements, and underwriting
reports.
Healthcare & Life Sciences – Digitizing patient
records, clinical trial forms, and insurance claims to improve accuracy, reduce
manual work, and accelerate care.
Enterprise Operations – Extracting data from
invoices, purchase orders, and contracts to eliminate manual data entry and
speed up approvals.
Legal & Compliance – Automating contract review,
redaction, and regulatory compliance by processing legal documents at scale.
The ROI of IDP: Where the Money is Going
Enterprises are investing heavily in IDP because it delivers
measurable results fast. Companies implementing IDP are seeing:
30-50% reduction in operational costs by eliminating
manual document handling
70%+ faster processing times for invoices, claims, and customer requests
Higher AI accuracy by ensuring AI models are trained on structured,
reliable data
IDP isn’t just a “nice-to-have” technology—it’s an essential
foundation for any business looking to scale AI-driven automation. As
organizations continue to ramp up their AI investments, IDP is the first
step in making those initiatives successful.
If your AI strategy doesn’t start with data, you’re setting
yourself up for failure. And in today’s data-driven world, that’s not an
option.