Datamatics announced the launch of a new version of TruCap+, an AI-enabled Intelligent Document Processing (IDP) product. TruCap+ will allow enterprises to realize faster time-to-value and achieve greater Straight-Through Processing (STP) with accuracy. The product is closely integrated with Datamatics Robotic Process Automation (RPA) product, TruBot. Datamatics Intelligent Automation Platform comprises RPA (TruBot), IDP (TruCap+), and AI/Machine Learning (ML) capabilities. The new IDP Product, TruCap+, has several key and differentiating features, including – A template-free approach that reduces set up time by 30% -70% and delivers faster time-to-automation. Users do not need to create and maintain multitudes of document templates that escalate the Total Cost of Ownership (TCO) and increase time-to-value. Pre-built AI/ML capabilities and business rules enable automated verification and validation of data. Continuous learning & improvement based on AI/ML algorithms and user inputs. Cognitive capabilities deliver a greater percentage of Straight-Through Processing (STP) with higher accuracy, thereby reducing manual effort and saving time. TruCap+ supports multiple Optical Character Recognition (OCR) engines. Rapid Cloud deployment, ensuring infrastructure flexibility and scalability with increasing workloads. An easy-to-use Configurator and a compelling User Experience (UX) that enables business users to quickly achieve document automation. Browser-based access and an intuitive User Interface (UI) ensures faster document processing.