Xerox Workflow Automation Solution for ACORD Applications Processing – Life Insurers
Improve ACORD applications processing, speed to market and customer service. The Xerox Workflow Automation Solution for ACORD Application Processing automates the capture of information from ACORD-compliant sources and facilitates straight-through processing (STP) with data extraction directly into your agency management system.
Our solution can help life insurers manage new client applications and onboarding and accelerate claim form processing, including Whole Life, Endowment, Annuity and Pension Plan Policy, to name a few.
Workflow Automation for ACORD Applications Processing can help life insurers:
- Streamline submission intake for faster turnaround times.
- Provide better customer service experience.
- Ensure consistency through the process.
- Automate agency workflows and ensure delivery into internal systems.
- Increase employee processing productivity and reduce labour overhead costs associated with manual processing.