COGNITIVE DOCUMENT PROCESSING
USING DEEPINSIGHTS^TM

Enable straight through downstream processing

SOLUTION HIGHLIGHTS

The insurance industry relies heavily on manual processing of documents—submissions, policy endorsements, claims—delivered in many different formats and templates. This process requires valuable knowledge experts to analyze documents, which ultimately inhibits the ability to capture insights and analytics in a way that is both economical and time efficient. But through DeepInsights^TM, Mphasis eases this process. Features include:
• Powerful cloud-based cognitive engine along with cognitive OCR
• Leverageable machine learning and deep learning algorithms
• An adaptable module that works with multiple file formats and types
• Innovative template agnostic designs
• Internal and external field validation
• Analytics and decision metrics from structured and unstructured data
• Cognitive analytics driven straight through processing

TRANSFORMATION DELIVERED

Automated Unstructured Document Processing

Rich Analytics and Actionable Insights

Augmented Knowledge Experts to Focus on Complex and Challenging Tasks

BENEFITS

80-90 Percent Reduction in Time Per Case Document

50-60 Percent Reduction in Cost of Operations

80-95 Percent Quality Accuracy in Data Extraction

Improved Broker and Customer Experience

Improved Straight Through Processing Rates

COGNITIVE DOCUMENT PROCESSING USING DEEPINSIGHTSTM