ACORD form processing

by Ilya Evdokimov | Jul 11, 2019 | ABBYY

Previously, we talked about what ACORD forms are, and how WiseTREND’s ABBYY FlexiCapture & WiseACORD solution helps to cope with the task of ACORD form scanning and processing. Also, we described how it helps to build a workflow that makes the process transparent and manageable.

In short, ABBYY FlexiCapture & WiseACORD helps to solve the following problems:

  • reduce the number of errors that occur during manual data entry;
  • increase the number of documents processed by one operator up to 6 times and even more at the same time;
  • easy to set up integration with external systems;
  • Introduce convenient mechanisms to control and monitor processing.

In this article, we will take a closer look at the ACORD form processing in ABBYY FlexiCapture & WiseACORD, as well as consider what types of data ABBYY FlexiCapture has and how the correct setting of data types can increase the quality of data capture and reduce the number of errors when processing ACORD forms.

Why do you need to think about data types?

So, ACORD forms contain a very large number of fields that can contain various data: dates, integer numbers, alphanumeric codes, amounts of money, first and last names, addresses, emails, and etc. Therefore, we can predict in advance what data we expect for each field. When creating the WiseACORD solution, we had taken a careful look at this and using ABBYY FlexiCapture’s and custom data types, we set up the fields in such a way as to achieve maximum recognition quality.

How does it work?

Proper configuration of the data type for each field allows you to pass the recognition engine, built-in ABBBY FlexiCapture, information what exactly characters we expect in this field. Thus, we significantly simplify the work for the OCR engine, since it already knows which characters to look for in a particular field. ABBYY FlexiCapture allows you to customize the check by regular expressions or dictionaries, so you can create your own data types.

As a result, WiseTREND has created a smart and powerful WiseACORD solution based on ABBYY FlexiCapture. We have applied all our knowledge and experience in order to make the processing of ACORD forms for you as simple as possible.

If you are looking for a solution to simplify the ACORD form processing then contact us, entrust this work to the WiseTREND specialists.