This Persistent paper explores how GenAI is transforming Intelligent Document Processing (IDP). With data volumes surging—80% unstructured—enterprises face rising costs and inefficiencies. GenAI enhances every IDP stage: training, pre-processing, classification, extraction, validation, summarization, and querying. In BFSI, GenAI-powered IDP streamlines KYC, lending, and claims with up to 95% accuracy and 75% cycle time reduction. It supports noisy, unstructured documents and integrates seamlessly with RPA. The paper also compares IDP vendors and offers selection criteria, emphasizing speed, accuracy, and compliance readiness.

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