Until now, data processing from insurance forms required dependencies on third-party vendors or operational teams - keying in data manually. As a result, data processing errors were frequent. In addition, enriching data quality and lack of operational scalability have continuously troubled process owners, leading to operational bottlenecks.
Kanverse multi-stage AI engine can parse and process SOVs, Loss Run Reports, Quotation documents, ACORD and supplemental forms – extract with up to 99.5% accuracy, detect incomplete and invalid applications and help focus staff on valid applications
AI-powered automated workflows do all the heavy lifting – enables staff to focus on strategic activities.
Kanverse workflow engine automates repetitive and time-consuming activities
Measure and validate processed data based on quality and completeness – through a new generation business rule framework
From the moment the forms arrive in the system till the extracted data is publishing to systems of records – the entire workflow is automated.
Kanverse platform helps businesses adhere to compliance and security protocols trough a robust framework
Connect with us for a 1:1 product demonstration and understand how Kanverse AI can entirely digitize your document processing workflows.
Kanverse IDP digitizes document processing for enterprises from ingestion, classification, extraction, validation to filing. Extract data from a wide gamut of documents with up to 99.5% accuracy using its multi-stage AI engine. Say goodbye to manual entry, reduce cycle time to seconds, optimize cost by up to 80%, minimize human error, and turbocharge productivity of your team.
