Form Recognition and OCR (Optical Character Recognition) for Claims Automation


    Inventor

    Professor Dr. Hezerul Abdul Karim
  • Description of Invention

    Document digitization is to convert physical documents into electronic copies computers can process. It converts printed and handwritten text to digital format. The Artificial Intelligence (AI)-powered document extraction service can accelerate business processes by automating information extraction and prediction modelling for diagnosis. It can turn documents into usable data at a fraction of the time and cost so that company can focus more time acting on the information rather than compiling it. Manual document digitization is time consuming and large number of paid manpower are required to do the task. Existing automated document digitization platforms and services are expensive and not able to learn from mistakes. Our solution is an AI-powered software for document extraction. The AI-powered Web App software is able to read documents (pdf or picture) such as invoice or bills and extract digital text from the layout of documents and structures of tables via an Optical Character Recognition (OCR) engine. The extracted data can be utilized for further processing such as decision making and stored in database.

  • Intellectual Property (IP) Status

    • Copyright Affirmed
    • TRL Status: 5

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