Retarus has been recognized as a Major Player in a new IDC MarketScape: Worldwide Intelligent Document Processing Software (IDP) 2023-2024 Vendor Assessment.
The IDC MarketScape report evaluated 28 vendors worldwide on their strategy and product capabilities, measuring a range of criteria such as delivery, customer satisfaction, functionality, research and development pace and portfolio benefits.
Retarus IDP supports electronic data exchange and is operated in Retarus’ own data centers. The solution guarantees the highest service levels for customers’ specific requirements in terms of speed, security and scalability and offers full GDPR compliance. This is essential, as many of Retarus’ IDP customers work in business-critical or highly regulated environments. With IDP, customers increase their efficiency, save costs, and achieve customer satisfaction, employee prioritization and competitive differentiation.
Retarus IDP enables businesses to digitize their communication with customers and suppliers, reducing order processing costs by around 60 percent. Retarus’ document recognition system reads incoming business documents such as orders or invoices via email or fax and automatically converts them into structured data – ready for processing by backend software applications. Currently Retarus IDP is available direct and in cooperation with selected partners in Germany, Austria, Switzerland, and Italy.
For more details, please take a look at our recent press release.