Nephrite Kanverse PR

Kanverse.ai with Nephrite release offers AI powered unstructured document processing to transform Insurance workflows and strengthens suite for accounting.

San Jose, California | Dec 10, 2024 – Kanverse.ai, a Hyperautomation company, has announced the global launch of Nephrite release of its patented AI-powered Intelligent Document Processing Product suite for Enterprises. 

The Nephrite release brings out enhancements to the platform overall and strengthens the existing product suites with exciting new features: 

  • Kanverse Suite for Insurance 

    • New Kanverse accelerator for Guidewire Policy Center. Also listed in the Guidewire marketplace. 
    • In addition to ACORD forms, Kanverse now supports Unstructured and Semi-Structured Insurance documents, namely  
       
      • Statement of Values (SOV)

      • Loss Run Reports 

      • Quotation Slips 

      • Custom forms 

    • Loss Run Insights visualization

    • Normalized downloadable CSV and JSON  

    • Extraction of Insurance submission data from the Broker’s email body

  • Kanverse Suite for Accounting 

    • AP Invoice Automation 

      • Powerful Collaboration framework for GL code allocation 

      • Enhancement to AP Dashboard metrics 

      • Role-based access control and enhanced user interface for approvals.

    • AP Vendor Management
       
      • Vendor Onboarding.

        • Automated AI-powered extraction of W-9 form and validation with form details for Vendor Onboarding 

        • Managing routing, accounting numbers, and other bank details. 

  • Kanverse Suite for BFS 

    • Processing of Complex Unstructured Contract documents. 

  • Kanverse Platform Features: 

    • Support for complex Excel file processing 

    • Excel Preview feature 

    • New Dark Theme of User Interface 

    • Visualization of usage data using subscription start date as a filter in the Operations Dashboard. 

 

Dr. Akhil Sahai, Chief Product Officer said, “With Nephrite release, we have brought to the market latest AI/ML innovations in unstructured document processing. Our suite for Insurance shifts the paradigm on automated submission and claims intake with processing support for the whole range of insurance documents now”. 

 

Kanverse.ai Overview 

Kanverse.ai, a Hyperautomation company, offers a cloud-based platform and a suite of products that can support various use cases across the enterprise to remove bottlenecks, streamline business processes, and minimize manual touch points across workflows. Our flagship product is AI-powered Kanverse Intelligent Document Processing (IDP) that supports the processing of unstructured, semi-structured, and structured documents. Kanverse delivers solutions for AP Invoice Automation, Sales Order Automation, Insurance Document Processing Automation, and KYC & KYB Automation. Learn more at: www.kanverse.ai  

 

Contact -   

Info@kanverse.ai