Automate insurance submission workflows and seamlessly process ACORD and supplemental forms with Kanverse.
Automate insurance submission workflows and seamlessly process ACORD and supplemental forms with Kanverse.
Enterprises today are burdened with document processing heavy workflows. Documents, whether they are invoices and sales orders in Accounting, ACORD, custom forms, supplemental forms, SOVs, Loss Run reports in Insurance or Financial statements, KYC documents in Banking and Financial Services, run the gamut in terms of complexity, variations in formats, form factor (pdfs, excels, word, images formats like jpg, tiff etc.) languages used in the documents, handwritten or printed, domain and country-specific interpretations of the data et al.
So, an IDP product should be highly extendible and flexible and handle a wide range of complexity of unstructured, semi-structured, and structured documents with little or no training. Kanverse IDP enables end-to-end automation and the creation of 'Zero-Touch' workflows, from document ingestion, classification, extraction, and validation to filing the data into multiple systems, freeing up valuable time and resources for other critical tasks.
At Kanverse, we are committed to delivering the highest extraction accuracy. Our patented multi-stage engine, which includes Fuzzy Logic, Computer Vision, NLP, and ML stages, is a testament to this commitment. With an extraction accuracy of up to 99.5% or more, we are already setting new standards.
In the OPAL release, we have further enhanced our offering with a meta-model framework that combines the core AI engine with the enterprise versions of the latest LLMs, namely OpenAI GPT, MS Azure OpenAI, Google Gemini, and Anthropic Claude. This cutting-edge meta-model framework allows us to leverage AI and Generative AI, ensuring the best possible extraction accuracy across the widest range of document types and complexity. You can be supremely confident in the capabilities of our industry-leading offering.
Learn more about Intelligent Document Processing