In today’s AI-driven economy, documents are data waiting to be understood. Invoices, contracts, bank statements, IDs, and receipts contain critical business intelligence. But automation is only as good as its accuracy.
If your AI misreads a single field or misses a value, it can cascade into compliance risks, financial errors, or lost productivity. That’s why document extraction accuracy has become one of the most important performance benchmarks in Intelligent Document Processing (IDP) and AI automation.
This guide explains what accuracy really means, how it’s measured, why it varies, and how platforms like floowed ensure you get data you can trust every time.
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