-Finance & InsuranceIDP in the Credit Office for more efficient processing of credit applicationsMore than ever, banks and financial service providers need to question the status quo in their credit office. The detailed review of credit applications is one of these processes that is still based on paper-heavy and manual workflows. The goal... March 15, 2022Read more
-PartnersArcplace and Parashift bring swarm learning to Input ManagementSwitzerland 08 March 2022 – Parashift, a provider of advanced machine learning-based software for extracting data from documents, announces its partnership with Arcplace, one of Switzerland’s leading IT service providers for document management and archiving. Through this collaboration, companies of... March 8, 2022Read more
-Finance & InsuranceInsurance blog series: Automated reading of claims documents with IDP – 01 pharmacy receiptsHow do insurance companies receive claims documents today? Partly physically, partly digitally, and increasingly directly via the insurance company’s own app. The problem for many insurers, however, is that their systems cannot handle poor quality claims documents. Accordingly, automated processes... March 8, 2022Read more
-Finance & InsuranceBanks and financial service providers with indicative offers for excellent 24/7 customer experienceMore than ever, banks and financial service providers are required to provide private customers with feedback on financing and mortgage applications around the clock. This requires efficient business processes in the background, which can only be realized with state-of-the-art automation... March 1, 2022Read more
-Finance & InsuranceHow insurance companies automate their claims processing and significantly reduce throughput timesReducing the processing time of claims with an increasing number of insured customers at the same time? In processes with unstructured and complex insurance documents, as in claims processing, this seems to be an impossibility. Especially when insurance companies have... February 22, 2022Read more
-IDP PodcastBasler Kantonalbank: Leading the way in Digital Banking TransformationA few weeks ago, Alain Veuve, CEO of Parashift, welcomed an expert in digital transformation of banks; Mr. Christophe Makni, Internal Managing Consultant (Lean, AI, Automation) at Basler Kantonalbank (until 31/01/2022). Christophe Makni was in charge of process management, improvement,... February 17, 2022Read more
-Finance & InsuranceMortgage process: the biggest problem of a bank and how they can solve itFor a bank, customer centricity is essential. The danger, however, is that too many resources are used for this purpose and the condition of back-office systems is pushed into the background. Outdated systems quickly lead to manual interventions and block... February 15, 2022Read more
-Finance & InsuranceAutomatically read out documents from mortgage applications with Intelligent Document ProcessingAccording to an SNB report the banks surveyed believe that personal customer service will continue to play an important role in the future. In order to be able to focus on excellent customer service, mortgage documents processing must be automated. To... February 8, 2022Read more
-GeneralHow to customize standard document types or create your own document types from scratchMost capture solutions have one thing in common: they are extremely complex to use. As long as OCR experts are available internally to customize or create new document types, the company can escape with a slap on the wrist. However,... February 1, 2022Read more
-Parashift PlatformThe top 5 reasons why Parashift is a cloud-first serviceModern software solutions are being installed less and less on-premises. Mostly, they run in the cloud. In many cases, this makes perfect sense. This is also the case with Parashift and its Intelligent Document Processing (IDP) solution: the modern and... January 25, 2022Read more