Low Code/No Code Platform: Boosting Efficiency and Flexibility in Intelligent Document Processing
Digitalization has swept across industries worldwide, and with it, automation. Companies have turned to technology to streamline their operations, improve productivity, and reduce costs. However, this has led to a shortage of skilled IT workers, making it challenging to keep up with the increasing demand for digital solutions. This is where low code and no code platforms come into play. These platforms offer businesses the ability to create custom applications and workflows without the need for extensive coding knowledge or expertise.
Low Code/No Code Platform explained
What exactly is low code and no code? Low code refers to platforms that require minimal coding to create applications, while no code platforms require no coding whatsoever. Both allow businesses to create custom workflows quickly, easily, and cost-effectively.
The benefits of low code and no code platforms are significant. They allow businesses to reduce their reliance on IT developers, freeing up valuable resources for other critical tasks. Additionally, low code and no code platforms allow businesses to handle workflows faster than traditional methods. This means that businesses can respond to changes in their environment quickly, such as the need for new document classes, newly extractable content, or support for new languages.
One area where low code and no code platforms are making a significant impact is intelligent document processing (IDP). IDP involves the capturing of both handwritten and machine typed text. The documents are then classified into various categories that can be expanded at any time. Subsequently, any desired content can be extracted from structured or unstructured documents. This extracted data can be used to automate business processes. PLANET AI’s IDP software – IDA – utilizes patented AI technology – PerceptionMatrix – to achieve the highest accuracy and reliability in document processing.
With IDA, businesses can benefit from a no code platform to create custom workflows and applications for their specific document processing needs. For example, businesses can create custom workflows for invoice processing, contract management, or data extraction from receipts. These workflows can be created using the no code platform, allowing businesses to create tailored solutions without the need for extensive coding knowledge.
No Code Platform IDA to improve flexibility
In conclusion, low code and no code platforms are revolutionizing the way businesses approach workflow creation. In IDP, low code and no code platforms offer businesses the flexibility and agility they need to stay competitive in a rapidly changing environment. With PLANET AI’s IDA software and its PerceptionMatrix technology, businesses can achieve the highest accuracy and reliability in document processing, while also benefiting from the no code platform. As businesses continue to digitize and automate their operations, low code and no code platforms will become an increasingly critical tool in their arsenal.
Say goodbye to IT headaches and hello to IDA. Contact our team of experts to learn more about how we can help your business to automate your document processing.