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AI IDP Trends for 2026 Artificial intelligence continued its steady march into the mainstream throughout 2025. As AI models mature and adoption accelerates into 2026, expectations around accuracy, speed, and automation continue to rise. In this article, we explore the current state of AI and the key AI IDP trends shaping the market, examining what…

Automating Purchase Order Processing with OCR Processing purchase orders (AKA sales orders) is a common business process for many businesses providing products in the B2B space. While there has been a growth in EDI (Electronic Data Interchange) over the years, allowing the computer systems of the buyer and seller to exchange data directly, the reality…

  Bank Statement OCR & AI Data Extraction: How Automation is Improving Bank Statement Processing Manual bank statement verification has long been a bottleneck for lending teams. Even today, many organisations still receive PDFs or physical bank statements from prospective borrowers and manually check transactions one at a time. This process is repetitive and prone…

Invoice processing plays an important role in an organisation’s accounts payable (AP) function. Done well, suppliers are paid on time, accurate and audit-ready, and staff can focus on high-value tasks that bring strategic value. Done manually, invoices can become a costly bottleneck that holds your business back. Our 2026 guide to automated invoice processing compares traditional methods…

Choosing the Right Automated Invoice System The pace of business today demands smarter, innovative systems that save time without compromising on quality. Manually processing invoices typically takes days or even weeks to reach final approval. With an automated invoice system such as Xtracta, what once took multiple days can now happen on a much faster…

OCR vs AI Data Extraction: Why Machine Learning Matters Optical Character Recognition (OCR) has long been used to digitise physical documents, transforming printed or handwritten text into machine-readable data. But as document formats grow more complex and business needs become more demanding, traditional OCR technology is reaching its limits. Additionally, there is an industry shift…

For businesses aiming to reduce manual workloads and embrace automation, invoice capture is often one of the first areas explored. Traditional paper invoicing can take around 23 days to process, provided there are no issues. When errors are involved, processing times can stretch to as long as 90 days, a delay many businesses can’t afford…

Generative AI is being used across a growing number of industries to improve decision-making, reduce costs, and automate all manner of knowledge-based tasks. But not all AI is created equal. Two distinct types – general AI and specialised AI – offer very different capabilities. Before investing in one or the other, or both, understanding their strengths and…

Agentic AI is the newest trending development that has captured the imagination of businesses around the world. Promising genuine autonomy, it’s often been referred to as the next step beyond generative AI. It can make decisions, perform tasks, and learn tasks independently as needed for it to achieve its goals. On paper, agentic AI appears to…

Environmental responsibility is becoming more important for businesses due to growing concerns about climate change. With a heightened focus on sustainability, carbon accounting has become a valuable tool for measuring a business’s climate impact and identifying ways to reduce it. However, the process can be time-consuming due to the extensive data collection required to cover…

Despite advancements in digital technology in recent years, many workers still spend hours at work manually completing repetitive tasks. Time-consuming workflows and monotonous routines remain the status quo for many businesses. These inefficiencies often result in missed opportunities, underutilised talent, and staff disengagement. Enterprise automation software offers one solution to improving processes and optimising outcomes. This blog…