By automating the processing of medical claims, organizations can increase operational productivity without the need to add headcount. Since claims forms are complex, with hundreds of fields to review and process accurately, automated data extraction and intuitive validation steps help speed forms processing. Additionally, bringing claims processing in-house provides greater control, process visibility and HIPAA compliance over the entire process. Learn more about the Kofax Medical Claims Add-on Pack
Capture paper and electronic invoices automatically as soon as they are received. Eliminate data entry delays using automatic recognition. Automatically trigger electronic invoice approval workflows for coding and appropriate approvals for on-time payment. Reduce data entry costs through automatic recognition and validation of invoice line items. Learn more
New account applications require a variety of supporting documents in both paper and electronic forms. The Kofax enterprise capture platform enables employees at the branch or in customer service centers to automatically capture all relevant documents from their customers, validate them and send them to back end systems for immediate processing. This enables customer facing employees to spend higher value time with their customers, improve the service experience, and close more business faster. Learn more
Kofax enables financial institutions to increase operational efficiencies by automating the capture and preparation of documents and information that are critical to the approval and funding of new loans. Kofax dramatically reduces the time and cost to close, while enhancing the customer experience. Learn more
Success in funds processing depends on real-time transaction processing. But today, only 50% of transactions are handled completely electronically. The remaining 50% are still processed via fax. To close this gap, investment banks need a secure and reliable way to capture funds orders at the point of entry and process them in a timely manner. Learn more
The Mailroom Automation Solution from Kofax, builds on the traditional high-volume, centralized paper mail opening and routing process to enable the capture and routing of paper and electronic communications in a digital format to provide a lower cost, more accurate and accelerated solution. Learn more
Automatically extract customer data from application/enrollment forms, claim forms, loan documents, etc., significantly reducing manual costs and processing delays.
Automatically extract sales order data from scanned and faxed POs and validate against catalogue databases, ensuring correct shipments and reducing the order to cash cycle.
Automatically identify unstructured, text-rich documents and extract data form them—even when the location of the data is unpredictable and anchoring keywords cannot be found on the document—reducing manual review costs and feeding pertinent data to downstream business processes
The Kofax Claims Processing solution enables P&C and life insurance organizations to shorten claims processing times, reduce the cost of claims management, adapt to changing compliance requirements and be more responsive to policy holders. The solution provides customer-facing employees, agents, brokers, adjusters and service organizations with a powerful scan-to-process platform.
Increase share of wallet with existing customers and win new customers by improving customer service quality and sales efficiency through multiple communication channels. Multi-channel offerings and communication improve the customer experience and increase sales efficiency only if they are accompanied by shorter response times and better response quality.
Kofax turns relevant documents into meaningful information and seamlessly integrates it into electronic health records by automatically capturing all relevant documents and data from any device, from any place, in any format, paper or electronic. Automatically classify documents, extract metadata, validate information and trigger workflows and processes. Learn more