Articles

Despite significant strides in document automation, a new report from IDP vendor Rossum finds that 58% of finance leaders still consider Excel their most often used tool for automating financial tasks, underscoring the challenges enterprises face in adopting advanced automation solutions.

Since the launch of ChatGPT in late 2022, the topic of artificial intelligence has been in the forefront of conversation across industries and has also led to significant opportunities in intelligent document processing (IDP) – a term that was created long before the recent AI wave which describes the intelligent extraction and processing of data from structured and unstructured documents, which AI and ML has always been a part of (hence ‘intelligent’). 

The Australian Taxation Office, Department of Defence, National Archives of Australia (NAA) and Services Australia have been given a six-month deadline to report progress in closing significant breaches relating to their governance and control of IT systems. 

Two examples of business email compromise (BEC) fraud in NSW have resulted in the theft of more than $A4 million, with a hospital and NSW Government department the victims. 

The future of Robotic Process Automation (RPA) is a subject of intense debate in the tech industry, with venture capital firm Andreessen Horowitz (aka a16z) declaring "RIP to RPA" while market researchers project continued growth. 

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