Intelligent Forms Processor (iFP) transforms electronic forms such as insurance claims forms, vendor invoices, application forms or any other type of forms into a business advantage by extracting business critical information from electronically scanned forms automatically and accurately. iFP handles the unstructured documents intelligently with minimum human intervention with SoluSoft Intelligent Forms Processor
iFP has five stages, a) ingest scanned image or electronic PDF form or document on eat a time from a predefined shared folder, b) classify the incoming image or document using artificial intelligence classification, c) extract the business-critical information off the classified image using smart OCR and AI, d) optionally send the image and data to a quality control queue for a person to verify the extraction, and finally e) output the image and the data to a predefined output folder for ECM or DMS to ingest.
However, for theclassification and OCR to successfully work, iFP AI engine needs to be trainedon each document or form type that needs to be classified to extract businesscritical information.
The intelligent Forms Processor delivers true end-to-end management of the entire process, and provides much greater control and visibility to all areas of the business. The entire organization can leverage the iFP to:
Intelligent Forms Processor (iFP) transforms electronic forms, such as insurance claims forms, vendor invoices, application forms, or any other type of form, into a business advantage by automatically and accurately extracting critical business information from electronically scanned forms. IFP handles unstructured documents intelligently with minimal human intervention, thanks to SoluSoft's Intelligent Forms Processor.
iFP has five stages, a) Ingest scanned images or electronic PDF forms or documents one at a time from a predefined shared folder., b) Classify the incoming image or document using artificial intelligence classification. c) Extract the business-critical information from the classified image using smart OCR and AI. d) Optionally, send the image and data to a quality control queue for verification by a human. e) Finally, output the image and the data to a predefined output folder for ECM or DMS ingestion."
"However, for the classification and OCR to work successfully, the IFP AI engine needs to be trained on each document or form type that requires classification to extract business-critical information."
The Intelligent Forms Processor delivers true end-to-end management of the entire process and provides much greater control and visibility to all areas of the business. The entire organization can leverage iFP to: