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USPS Complies with Federal Anti-Money Laundering & Anti-Terrorism Regulations with RasterMaster®
To comply with federal anti-money laundering/anti-terrorist laws and regulations, the USPS analyzes images of cleared postal money orders to detect possible suspicious activity. Because there are no required standards for the image formats, when the Federal Reserve initiates the digital process and issues the electronic image of the money order, the USPS must be able […]
APIs: The Cornerstone of LegalTech, Part 1
The legal profession may not be the first sector that comes to mind when thinking about how technology is transforming the way organizations conduct business, but LegalTech is quickly becoming an essential component of practicing law. Innovative digital platforms are helping legal firms to improve efficiency and solve problems, even though choosing and implementing these […]
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What Technology Surveys Can Tell You About Recent LegalTech Trends
Technology trends are moving quickly in the legal industry as firms scramble to adapt to a shifting business landscape. Although many firms and organizations were already taking steps to break away from old fashioned processes and embrace the potential of LegalTech solutions, the COVID-19 pandemic has accelerated change initiatives and forced legal professionals to reassess […]
Building a Better Insurance Application
Reconciliation is the process of reviewing digital claims forms before they’re submitted to insurance providers, and it’s a critical step to ensure accuracy, prevent fraud, and reduce overbilling. However, as the amount of digital data increases, the process of reconciliation threatens to overwhelm many insurance organizations. Matching incoming payments to their source and reconciling […]
Webinar: Stop Drowning in Documents – Automate and Gain Control with Intelligent Document Processing
Automating High-Volume, Low Complexity Tasks
As the manager of a growing sales team at ImagiCorp, Tina receives a lot of approval requests for a bunch of different reasons. She gets asked for discount approvals, travel requests, and infrequent calls for specialized payment or contract terms. Many of those approvals can be handled with a simple email confirmation, while others require […]
Barcode Xpress: A Shift in the Pricing Model
When you’re looking to integrate a toolkit into your application, your first priority is assessing the capabilities. Once you’ve found the right fit, you need to make sure that the pricing matches your budget and makes sense for your needs. Historically, Accusoft has offered a variety of different licensing options for our clients. Products […]
Underwritten and Overworked — The Case for Improved Insurance Data Capture
The insurance industry continues to rebound. As noted by a recent Deloitte report, positive economic factors in 2018 are “setting the stage for enhanced top and bottom-line growth in the year ahead.” With steady growth, comes growing pains. While 70 percent of insurance CEOs now rely on operational efficiency to drive growth, 31 percent remain […]
Business Process Automation: Why “Good Enough” Won’t Cut It
Workplace stress is on the rise. As noted by Forbes, managers are more stressed than ever. The majority feel they don’t have enough time to complete critical work and leaders from all corporate levels say they lack control over critical business processes. Not surprisingly, process stress starts at the top and rolls downhill, with staff […]
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The Information Governance Revolution
Governmental information management is lagging behind. As private organizations embrace digital transition, many public agencies remain committed to paper processes. NextGov notes that just 28 percent of government survey respondents say their agency has implemented a “comprehensive data governance plan” and 20 percent said their department still relies primarily on paper records. The result? Reduced […]