Insurance
Learn how organizations like BlueCross BlueShield and Kaiser Permanente improve efficiency, accuracy, and compliance in data processing with intelligent automation
Major Insurance firms use DataSnipper
Learn how organizations like BlueCross BlueShield and Kaiser Permanente improve efficiency, accuracy, and compliance in data processing with intelligent automation
Manual data entry and reconciliation are time-consuming and error-prone
Keeping up with ever-evolving regulations is complex and time-consuming
Varied regional tax rates requires the need to simplify complex data sets
Extract and analyze data from insurance policies and its payment receipts. Verify application of tax rates and compliance with local tax regulations.
Automatically extract payment amounts and dates from bank statements, and reconcile with policy records. Flag any discrepancies for further investigation.
Extract data from financial statements and expense reports. Automatically calculate tax provisions to ensure accuracy and compliance with tax laws.
Extract details from insurance applications and claim forms. Compare against policy standards to comply with internal policies and external regulations.
"Using DataSnipper introduced an agile approach in our auditing and helped our team of auditors transform their previously traditional mindset and embrace innovation."
