Top 10 Document Processing Solutions Companies - 2022

The automation of document processing has only grown in popularity over the past few years, with companies wanting to divert employees from manual document management tasks to other productive modes of work. Organizations are yearning for optimal document processing solutions that use smart tech to swiftly and accurately process and sort data while retaining low costs.

On this note, the global intelligent document processing market is expected to reach $5.2 billion by 2027 according to the most recent market estimates, growing at a CAGR of 37.5 percent during this period.

The primary factor driving this growth is the increased requirement for quick, efficient, and accurate document processing in large volumes for both structured and unstructured documents. The soaring usage of technologies like machine learning, optical character recognition, and artificial intelligence for document processing is also giving rise to the need for advanced tech solutions, contributing to the market expansion.

To put the spotlight on such key developments in the industry, CIOReview illustrates how companies are leveraging the latest technologies to meet the document processing expectations of businesses. The edition features thought leadership articles from Jarrod Anderson, Senior Director, Artificial Intelligence at ADM, who speaks on the immense potential of using pre-trained machine learning models for faster and more efficient document processing, and Mark Parkinson, Next Generation Technology Director at Mars, who talks about the advantages of utilizing design thinking to improve automation and scaling capabilities for handling large amounts of data.

In this edition of CIOReview, we also bring you some of the top document processing providers that deliver the best smart solutions for their clients. The list includes SouthState Bank, which stands out for its digital-first marketing technologies such as its scalable content management system and marketing automation platform that allows businesses to perform omnichannel work efficiently.

We hope this edition assists you in finding the ideal document processing solutions provider that will deliver high-tech services that optimize and improve the efficiency of your workflow.

Let us know your thoughts!  

    Top Document Processing Solutions Companies

  • 1

    ArmorDoc is a leading a Data Science company that leverages a myriad of machine learning techniques to solve document classification, data extraction, and stamp/signature recognition problems. The company’s superior, flexible and scalable AI identifies missing documents and converts millions of pages into usable data at scale with speed and accuracy

  • 2

    Document Agility has architected a one-of-its-kind cloud-based platform that allows users to seamlessly create and manage critical, complex, and highly-regulated documents using a guided collaboration technology. This plays vital role in business success

  • 3

    Foundation AI provides transformative artificial intelligence (AI) solutions to organizations seeking to optimize their document processing workflows. The technology streamlines operations, improves process accuracy and efficiency, frees up employees from labor-intensive tasks, and reduces costs

  • 4

    MS Technology

    MS Technology

    MS Technology has grown from its humble beginnings of three engineers in a two-bedroom apartment in 1991 to over 50 workers with offices throughout the world. They founded the company with the intention of providing their customers with superior software solutions for content viewing, editing, and conversion procedures

  • 5

    ABBYY

    ABBYY

    ABBYY automates intelligent processes. By providing the intelligence that powers automation platforms, they reimagine how people work and how companies accelerate business. They strive to continuously reimagine how technology addresses process and data challenges in order to help people and organizations flourish

  • 6

    Automation Hero

    Automation Hero

    Automation Hero expedites the processing of any type of document for businesses by providing the most robust and comprehensive intelligent document processing platform available. It provides the most accurate and easiest-to-use AI in the industry, allowing businesses to focus on accelerating business processes to remain competitive

  • 7

    Conduent

    Conduent

    Conduent provides mission-critical services and solutions for businesses and governments, producing exceptional results for its clients and the millions of people who rely on them. Conduent's solutions and services automate workflows, improve efficiencies, reduce costs, and facilitate revenue growth by leveraging process, technology, and a team of diverse and devoted employees

  • 8

    Ephesoft

    Ephesoft

    Ephesoft's Intelligent Document Processing (IDP) platform and data enrichment solutions optimize operational efficiency and human productivity for businesses and government agencies by automating document-centric processes

  • 9

    Hyperscience

    Hyperscience

    Hyperscience offers the most precise intelligent document processing platform on the market, which is powered by machine learning. By combining artificial intelligence with a human-centered approach, Hyperscience elevates business processes, releasing actionable knowledge with unmatched accuracy

  • 10

    Panda Doc Panda Doc

    Panda Doc Panda Doc

    one document workflow automation platform that speeds up the process of making, managing, and signing digital documents like proposals, quotes, contracts, and more for rapidly expanding teams