Drive Business Process Automation with Intelligent Document Processing

Banks deal with countless document-based workflows that involve data entry and processing in huge volumes. With the help of IDP, they can complete typical processes such as customer onboarding, mortgage applications, or KYC document verification in a much shorter time and ensure greater customer satisfaction.

The administrative overhead at hospitals in processing documents such as admission forms, health insurance claim forms, consent forms, and such are enormous. Adopting IDP can expedite processing and provide a trouble-free experience for patients as well as hospital staff.

The end-to-end bills of lading processes such as receipt of bills, bill verification, and delivery confirmation can be managed and processing time cut down with IDP. Intelligent data processing can be used to extract key data points from paper documents, integrate with enterprise systems, and automatically generate emails to concerned parties.

Claim forms have to be verified against policy documents for eligibility and extent of coverage. Supporting documents have to be verified as well before a claim can be accepted and payment determined. Adopting intelligent document processing, insurers can automate the claims adjudication process.