Parascript Solutions for Service Providers & Outsourcers

Parascript Solutions for Service Providers & Outsourcers

Add cognitive document automation to your digital workforce services for higher efficiency & accuracy

Parascript Solutions for Service Providers & Outsourcers

Add cognitive document automation to your digital workforce services for higher efficiency & accuracy

Parascript Solutions for BPOs

Add cognitive document automation to your digital workforce services with the most expansive advanced capture platform.

Achieve high levels of true unattended automation. Processing documents efficiently with high accuracy is critical for your business. With the increased focus on robotic automation, the ability to offer straight through processing improves your bottom line and enhances the competitiveness of your solution offerings.

Cognitive Automation with Parascript Smart Learning

Parascript has, over the past 30 years, developed in-depth expertise in applied machine learning to automate document-intensive tasks. We have helped reduce manual efforts supporting payment transaction costs by over 85% and enabled government posts to achieve greater than 95% unattended automation.

Smart Learning is our latest advancement in the world of document automation. Parascript Smart Learning allows your organization to significantly reduce the costs and complexity of configuring and optimizing your document automation tasks.

Using only tagged sample data, Smart Learning can automatically configure image optimization, document classification and separation, and data extraction. The system automatically analyzes the output data to set document and field level accuracy thresholds that ensure your data meets stringent SLA requirements.

We offer exceptional software solutions designed specifically for BPOs and a unique partnering program for select BPOs that takes the partnership to an entirely new level. Let us show you how our software works.

Parascript Accelerator Program

The Parascript Accelerator Program for Business Process Outsourcers (BPOs) is a unique program for select BPOs that eliminates the risks of technology adoption and ongoing maintenance while returning guaranteed cost savings to our clients. Unlike typical software providers, we prove our value prior to payment and ensure software performance throughout the life of our partnership.

We provide this value through a combination of our proprietary machine learning platform along with our in-depth experience working with the largest services providers. We solve your data and document processing challenges, which allows you to focus on exceptional process outsourcing.

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Key Benefits of the Parascript Accelerator Program

The Parascript cognitive document automation and associated Accelerator Program provide select document-oriented BPOs and service providers with the following key benefits:

  • Data analysis and optimization designed to meet your specific SLA requirements.
  • Ongoing partnership provides maintenance and improvements that ensure continued profitability and customer satisfaction.
  • Proven track record from large-scale projects for government agencies to projects for some of the largest financial institutions in the world with check processing saving tens of millions of dollars each year.

Parascript Automation for Invoices, Receipts & Claims

Parascript excels in invoice processing, claims processing, government forms and receipt processing. Over the past 20 years, Parascript has become known for our large-scale projects for the government and large financial institutions that reduce the costs associated with manual labor to sort, classify, and perform data entry (or indexing) by 50% or more.

For an example of how Parascript automates invoice processing, watch our “Invoice Processing Automation” video.

Inc. 5000 BPO Reduces Data Entry Costs by 90 Percent

An established Business Process Outsourcer (BPO) founded over forty years ago, this Inc. 5000 company has widely expanded its service offerings, staff and facilities. Today, it is one of America’s fastest growing privately held companies.

Due to rapid growth, the company was experiencing significant data entry costs among other challenges. Parascript reduced labor costs by 50 percent initially and ultimately by 90 percent.

Find Out How to Reduce Your Manual Data Entry Costs by 50 Percent

We analyze the costs associated with manual labor to sort, classify, and perform data entry (or indexing) to process invoices, receipts, claims, applications and other types of forms for select BPOs and service providers. Typically, we reduce these costs by 50 percent or more on large-scale projects through automation while significantly improving accuracy and decreasing processing time.

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We’d like to find out more about your business needs.  Please feel free to contact us.

Contact Us or call us today at 888.225.0169

NEED TECHNICAL SUPPORT?

We’re here to answer any questions you may have. Our technical support department in on hand and ready to assist your needs.

Call 888.772.7478 or email techsupport@parascript.com