Question: Is there a tool that can help me streamline claims processing and provide instant payouts to customers?

Esker is a suite of document automation and order management software that spans the full business cycle, including claims. Esker automates routine tasks, improves data quality and customer satisfaction. The system uses a global cloud infrastructure, artificial intelligence, customizable dashboards and multi-ERP integration for a big efficiency and cost savings boost.

Another option is Novo AI, which uses generative AI to process and analyze text documents like policy and claims files. It can automate claims processing, optimize pricing and improve customer service, and is geared for insurance and banking customers seeking to improve operations and accuracy.

For something more specific to the industry, CCC Intelligent Solutions is a cloud-based system for the Property and Casualty (P&C) insurance industry. It offers intelligent experiences, workflow optimization and AI-based decision-making to improve claims processing and customer satisfaction. And with its connections to a large network of industry partners, CCC Intelligent Solutions can help streamline claims handling and improve overall efficiency.

Last, Osfin is an all-in-one finance and accounting automation system that automates reconciliation, invoice processing and payouts. It integrates with other tools for real-time visibility into cash flows, and is a good option for financial services companies trying to improve transparency and speed up financial operations.