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Average Ratings 0 Ratings

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ease
features
design
support

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Write a Review

Description

Manual review of customer contracts to determine revenue accounting impact can be time-consuming and painful. Each contract requires that accountants spend hours creating and populating new contract review lists with metadata, dates, fees, and non-standard terms. This is time that could be used to innovate processes. Klarity automates all aspects of this process. Klarity pre-populates a checklist to automatically review all contracts. The application includes all the necessary tools to review contracts and provide notifications, accounting impact, notes, as well as an automated workflow. Klarity allows organizations to focus on strategic value by focusing on analysis and audit documentation, rather than the tedious manual work. For a smoother contract review process and a quicker month-end close, create customized workflows for the first- and second-level reviewers.

Description

The insurance sector focuses on achieving optimal rates and effectively managing risk. In such a competitive landscape, reducing manual processes is essential to distinguish ourselves from other industry players. A significant workforce is often necessary to sift through, interpret, categorize, analyze, and disseminate information for underwriting and support activities. Much of this information is unstructured and text-based, requiring manual examination. Scaling operations typically involves hiring additional personnel or resorting to outsourcing solutions. It is vital to filter and classify complaints based on their subject matter and severity level. Automotive businesses collect these complaints through various channels, including emails, feedback forms, and comments. Lymba’s Underwriting and Support NLP solution addresses the text-heavy challenges by converting data into actionable insights; this efficiency not only saves time and resources but also facilitates the initial review process, ultimately enhancing overall productivity and decision-making. By leveraging such technology, companies can focus more on strategic initiatives rather than getting bogged down by manual data handling.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

Amazon WorkDocs
NetSuite
Oracle Fusion Cloud ERP
SAP ERP
Salesforce
Workday Financial Management

Integrations

Amazon WorkDocs
NetSuite
Oracle Fusion Cloud ERP
SAP ERP
Salesforce
Workday Financial Management

Pricing Details

No price information available.
Free Trial
Free Version

Pricing Details

No price information available.
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

Klarity

Founded

2017

Country

United States

Website

www.tryklarity.com

Vendor Details

Company Name

Lymba

Founded

2005

Country

United States

Website

www.lymba.com

Product Features

Data Extraction

Disparate Data Collection
Document Extraction
Email Address Extraction
IP Address Extraction
Image Extraction
Phone Number Extraction
Pricing Extraction
Web Data Extraction

Product Features

Data Extraction

Disparate Data Collection
Document Extraction
Email Address Extraction
IP Address Extraction
Image Extraction
Phone Number Extraction
Pricing Extraction
Web Data Extraction

Natural Language Processing

Co-Reference Resolution
In-Database Text Analytics
Named Entity Recognition
Natural Language Generation (NLG)
Open Source Integrations
Parsing
Part-of-Speech Tagging
Sentence Segmentation
Stemming/Lemmatization
Tokenization

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