Evaluating the ROI of IDP for Insurance
Understand how to estimate direct and indirect benefits of intelligent document processing based on an insurance use case
From claims processing and FNOL to submissions intake and underwriting, Intelligent Document Processing (IDP) holds the promise to solve the challenge of handling labor-intensive paperwork which is still at the core of many insurance operations. With IDP, documents can be analyzed much quicker than with manual labor, and more accurately too.
How do these efficiency improvements translate to Return on Investment (ROI) for an insurance company? Besides the hard ROI of reducing manual labor time, how do you estimate the value of the soft benefits that IDP brings? This white paper is designed to help buyers from the insurance industry evaluate the ROI of IDP solutions before making their final decision.
Download this white paper to understand how to:
Determine the right business case for IDP
Calculate the direct savings brought by IDP
Quantify the indirect benefits of IDP
Estimate the ROI of IDP
