Acord Forms Processing & Data Extraction

Hassle-free and Reliable Acord form processing from different Insurance Providers!

Automate data extraction from various ACORD forms  with Docsumo's Intelligent OCR and APIs. Check if your customers have enough coverage by getting granular data from certificate of insurance. Minimal setup, intelligent extraction, smart validation & easy integration.

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Acord Forms Processing & Data Extraction

Challenges with Manual Acord Form Processing

In the absence of a standard layout, your operations team spends majority of their time in extracting data from various ACORD forms. Traditional optical character recognition (OCR) solutions are can't accurately detect hand-filled checkmarks and signatures.

Moreover, extracted data needs to be validated against government database in order to raise red flag against any inconsistent applicant. This becomes a huge bottleneck to reduce cost of operations and turnaround time.

Advantages of Docsumo's Automated Acord Form Processing

< 30 sec
Processing Time
Reduce turnaround time from hours to minutes.
70%
Cost Reduction
Halve your cost of operations when processing 50k+ statements/month.
98%+
Accuracy
Reduce manual errors and get precise data

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Tell us where you are today
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This is what your document processing operations could look like tomorrow
Based on real benchmarks from Docsumo customers, this is what we project for you and your team.
85 %
Straight through
Processing
$ 0
Total Cost
Reduced
< 30 sec
Average
processing  time
0 hrs
Total time
saved
$300k
Projected ROI

Solution

Docsumo is one of the most efficient and best-performing customized tools for Acord forms data capture. A sample always works. Have a look:-

Docsumo is one of the most efficient and best-performing customized tools for Acord forms data capture. A sample always works. Have a look:-

Features

Efficiency and Accuracy in Acord form processing is what we strive for. Have a look into what you are ensured to have with Docsumo.

OCR Scanned Acord Form
OCR Scanned Acord Form

Our built-in intelligent OCR engine allows you to extract text from scanned acord forms as well as text based PDF files.

Advanced Image Processing
Advanced Image Processing

Advanced image preprocessing (deskewing, noise reduction, contrast correction) gives higher data extraction accuracy.

Extract Tables
Extract Tables

Extract multipage tabes from PDF bank statements and convert them to excel or JSON data for downstream processing.

Smart Filters
Smart Filters

Apply filters for dates, numbers and other regular expressions to extract data in desired format.

Standard fields that are extracted

You can easily add, delete and move any field.

Basic Information

Policy Effective Date

Policy Expiry Date

NAIC Code

Project 

Project Location (loc)

Policy Number 


Insurer Details

Insurer

Address

Company 

Insured Details

Producer

Mailing address

Contact Name

Phone Number

Email address

Producer ID

Amount of Insurance 

Deductibles


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We’d love to show you how you can increase your productivity, process your documents faster and save operations cost!

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