Overview of How FormXtract Works
FormXtract is an API-based solution for extracting data off of completed forms. The process includes AI-driven solutions for reading the data off the form and humans to validate, verify or reject data that the machine gave a low-confidence score to. The resulting data is up to 99.9% accurate and context-rich so the customer’s system can ingest the data and perform work without involving any humans in the process.
The animation below shows how FormXtract takes in a submitted form and then reads each of the fields off the form to extract not only the name and value of the field, but additional meta data that can be used to display the data, make business decisions and more.
FormXtract Steps
A customer’s user or client fills out a form and submits it back to the customer for processing.
The customer’s processing system takes the electronic copy of the submitted form (or scans it to TIF or PDF) and submits it to the FormXtract API.
FormXtract then matches the submitted document to the Quik! Forms Library to determine the company, form, page and fields to extract.
The data is then passed through several AI-driven processes to read the data.
Every character read is given a confidence score and when that score is too low, the data is then verified, edited or rejected by humans to ensure 99.9% accuracy
The extracted data is stored in the Quik! Vault, a hyper-secure storage mechanism.
A webhook then notifies the customer system that their submitted document has been processed.
The customer calls another FormXtract API to download the extracted data to then transform and use within the customer’s systems.