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Forms Processing Overview
Forms processing for business process outsourcing and data processing
centers
Processing different types of forms and text styles is labor intensive and
rife with errors and delays, especially if your forms processing environment
requires manual keying from paper or image. With Parascript’s automated data
capture from different types of forms such as tax returns, insurance claims,
credit applications, health claims, and fulfillment forms, commercial
enterprises and government agencies can solve data processing labor
inefficiencies, while reducing costs.
With automated forms
processing, Parascript captures, interprets and transforms the
mass of disconnected forms data – cursive, handprint, machine print, constrained
and unconstrained – into a business asset delivering fast, accurate information
to your business applications and databases.
Parascript helps you handle more than 100,000 forms per day, using over 150
concurrent keying operators. Parascript's forms processing solution is based
on Intelligent Recognition technology, which reads
any text style – in any combination – and recognizes all form field types
including name, address, dollar amount, and check boxes. Intelligent Recognition
combines character-based engines with engines that read entire words or phrases.
Application-specific context such as vocabularies, templates, alias tables,
postal databases, and other contextual information increases recognition speed
and accuracy.
Lower costs - higher accuracy - faster processes
- Cost Reduction and Time Savings – Automated forms
processing eliminates tedious and time-consuming manual entry, reducing fully
loaded cost per manual data entry operator by up to $40,000.
- Improved Accuracy – With the potential for human error
reduced, machine print (OCR),
handprint (ICR), natural handwriting
(NHR®), check marks (OMR) and barcodes can be interpreted with
unparalleled speed and accuracy.
- Enhanced Security – Form snippets – rather than complete
form data – enforce security at the field level. Information can be sent to
multiple sites, potentially eliminating security breaches or data misuse.
- High Quality –Identify top performing operators and
increase the level of verification for less efficient operators, maintaining
high accuracy and quality while minimizing forms processing costs.
- Complete Workflow – A complete forms processing workflow
that enables form design optimization and
is scalable to increasing volumes of forms.
The right solution for your business
Parascript’s forms processing workflow helps businesses across the industry
spectrum – from insurance, financial services, and banking to business process
outsourcing (BPO) and data processing centers within large enterprises. This
flexible solution can be deployed out-of-the-box or customized from the
ground-up using Parascript’s software development kit (SDK) to tailor forms
processing applications to the exacting requirements of your environment.
| BPO |
Centralized and distributed data capture
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| Financial Services |
Credit applications, enrollment forms, change of
address |
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| Fulfillment |
Mail orders, coupons, surveys and
subscriptions |
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| Government |
Tax returns, census forms, accident reports, passport
applications, registrations and licenses |
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| Insurance |
Insurance claims, enrollments and health
claims |
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| Legacy Data |
Paper archives, city records, microfilm -
microfiche |
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| Other |
Participation forms, event ticket orders, packing slips
and bills of lading |
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- Parascript® FormXtra®
Enterprise - Processes a variety of form types faster and more
accurately than alternative products. Provides all modules for a complete
forms processing workflow, including an integrated keying tool and dynamic
quality control. FormXtra Enterprise can be used
'off-the-shelf' for specific departmental requirements and
expanded to meet the complex needs of high-volume enterprises.
FormXtra open architecture makes it easy to handle complex, high-volume
forms processing, as well as data capture directly from
remote offices.
- Parascript® FormXtra®
Standard - Combines the power of Parascript's flagship Intelligent
Recognition with a form definition module. FormXtra Standard is
the software development kit (SDK) that helps tailor form processing
applications to precise business requirements.
- Parascript®
FieldScript® - Quickly and accurately recognizes data
fields found in virtually any type of form.
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