How To Evaluate An IDP Partner?

-

 

How To Evaluate An IDP Partner?

Choosing a new technology partner is like making a move in a chess match. A wrong move from your end gives your opponent a competitive edge. While automation is inevitable in today’s world, picking the wrong partner for automating business processes can be a detrimental move for your business.

In our recent conversations, we have seen many companies choose Infrrd once they have become frustrated with their vendors after the first year of partnership. This is not about bragging but rather a true statement based on feedback from these new clients. We tried to understand why this happened and assumed it was due to a lack of effort invested in the evaluation of very critical aspects of the platform. This resulted in choosing an IDP partner that could deliver short-term benefits without the vision of how their solution would perform in the long term.

How can companies make an informed decision when choosing an Intelligent Document Processing (IDP) partner and avoid wasted efforts while accelerating digital transformation and fostering business growth?

Let us share some insights with you.

Where can things go wrong?

Comments

Post a Comment

Popular posts from this blog

What Mick Jagger Taught Me about Data Extraction from Tables

-
Image
Data Extraction From Complex Documents How accurate is your   dataextraction  from tables? Let’s face it.  Extracting information from tables  to feed an  automation process  is as complex as it is difficult.“You can’t always get what you want” is further validated when we recognize that automating the  information extraction process from tables  is a challenge few have fully conquered. Want to get what you want AND what you need? Let’s Chat! Start a conversation to get what you want and learn a lot more about what it takes to overcome  tabular data extraction  challenges.               READ MORE ...                                           
Read more

Image Recognition for Product and Shelf Monitoring and Analysis

-
Image
With the e-commerce boom, entrepreneurs have learned that conventional strategies of visual merchandising or sales promotions won’t be able to sustain profits in the cutthroat CPG industry. Many retailers are already implementing AI and image recognition to deliver the next level of customer experience, bringing the dawn of a new era for the retail industry. According to Gartner, by 2020, 85% of customer interactions in the retail industry will be managed by AI. Product discovery, product recommendations & trend analysis are some areas for implementation of computer vision and image recognition. This article elaborates on how image recognition can be implemented by retail & CPG companies. 1. Auditing Product Placement: Customers are making key buying decisions at store shelves and companies have to use technology to stay ahead of the fierce competition or face extinction. Gathering key consumer information helps companies understand their needs better. Shelf recognition us
Read more