Intelligent Document Processing (IDP) has undergone a massive revolution, powered by recent breakthroughs in AI. Advanced OCR, integrated with Large Language Models (LLMs) and Retrieval-Augmented Generation (RAG), is redefining how we extract, understand, and utilize information from documents. This post dives into the current state of AI-powered document processing, its challenges, and proposes an architecture that leverages cutting-edge technologies for robust, scalable solutions.