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Data Entry Automation – Transforming Insurance Workflow

Jul 11, 2022

In today’s fast-paced world, keeping businesses competitive requires streamlined and efficient processes for which an appropriate data repository is indispensable. If the insurers depend on data that is not available in an easy-to-access format, it quickly becomes a bottleneck that creates an impediment to a successful business. Data entry automation can help insurance companies eliminate such bottlenecks and automate entire workflows, thereby improving overall business processes.

Data entry automation implies software-based solutions that optimize and streamlines data entry by eliminating manual interventions. Such software can extract data from PDFs, images, documents, websites, emails, etc., and present just the relevant information in a structured format. Then, the data is readily available in structured formats like spreadsheet files, databases etc.

RPA-driven Solutions for Seamless Data Entry

Data entry automation leverages Robotic Process Automation (RPA) and Optical Character Recognition (OCR) to find important data on documents and consolidate them in a systematic format. Automated data entry solutions streamline manual, time-consuming, and repetitive tasks and allow employees to concentrate on high-value tasks that enhance overall productivity.

KMG’s data entry automation can simplify the entire process. Our RPA script automates the data retrieval process from disparate sources and uses an aniSeries terminal emulator to automate the data entry into green screens, finally storing it as databases. Please visit https://bit.ly/3v1frOo to know more about our automation solutions.

Let’s have a look at the entire automated data entry process:

Data Source Upload:

Insurers receive unstructured data in the form of texts, documents, PDFs, images, or scanned files. These are imported into the data entry automation system.

Pre-processing Stage:

It is a crucial stage where RPA and OCR convert the documents into machine-readable formats. Each document is reshaped into a simplified form that computer software can understand. 

Selective Extraction:

The data entry automation software identifies & extracts only relevant portions of data. In this way, the software will be trained to understand each document requirement without requiring to repeat commands each time. 

Validation & Verification:

This step allows for a manual or semi-manual data verification for accuracy based on validation rules. This ensures that required corrections are done, and errors are not repeated. 

Data Transfer to Destination:

The final step is to transport the extracted data in structured forms like CSV, XML, JSON, Excel, etc., to an appropriate destination. Alternatively, the data can also be uploaded into the ERP software of the business for additional downstream workflows.

In A Nutshell

Data entry automation simplifies business processes that leverage business growth. Henceforth, save money and time by investing in data entry automation today and witness the profit for yourself! 

Get in touch with us at https://bit.ly/3v1frOo to automate your data entry workflow!

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