Understanding IDP: Data Validation and Feedback Loop

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According to Gartner, "The market for document capture, extraction, and processing is highly fragmented. Data and analytics leaders should use this research to understand the process flow and differentiated capabilities offered by intelligent document processing solutions". Gartner's recently released "Infographic: Understand Intelligent Document Processing" covers these 6 critical flows in IDP.

1. Capture or Ingestion
2. Document Preprocessing
3. Document Classification
4. Data Extraction
5. Validation and Feedback Loop
6. Data Integration

Source: Gartner, Infographic: Understand Intelligent Document Processing, Shubhangi Vashisth et al., 22 September 2021

This is the fourth post in the series exploring Data Validation and Feedback Loop. 

When it comes to IDP systems, one of the key evaluation parameters is the accuracy it offers. Besides depending on just the quality of the extraction process, there are external signals that IDP systems tap into to improve accuracy. Data validation against an external source is one of many such signals.

When you think of these signals, try to draw a parallel to how modern-day GPS location systems work. You may know that GPS systems measure the distance of the subject from three or more satellites and apply a technique called triangulation to detect an intersection point. It is impossible to accurately pinpoint the location of the subject with a signal from just one satellite.

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