1. Beyond Traditional OCR
Traditional OCR merely recognizes text characters on a page. Document AI (Intelligent Document Processing or IDP) understands the semantic layout: it extracts multi-column transaction tables, identifies salary credits, detects fraud anomalies, and returns clean structured JSON.
Key Takeaway: Document AI turns unstructured PDF scans into verified, actionable JSON database records.
2. Fintech & Lending Use Cases
In digital lending platforms, Document AI parses 6 months of bank statement transactions in under 5 seconds, calculating average monthly balances (ABB), salary deposits, and existing EMI bounces automatically.