Intro to FormXtract
Welcome to the documentation of the FormXtract API. This guide will help you implement FormXtract within your business to process forms faster.
What Is FormXtract
Quik! FormXtract is an API-based data extraction solution for forms, applications and structured documents.
The FormXtract API takes in a completed form, extracts the data from the fields on the form, and returns that data via API in a context-rich and exceptionally accurate (99.9%) manner.
Customers use FormXtract to streamline and fully automate their forms processing steps within their business processes.
Any static form can be used with FormXtract.
A “static” form is a document whose design does not change each time it is used. Unlike “dynamic” documents (such as contracts) where paragraphs, text and objects might be added to the document based on the user inputs, a static document retains it’s size, field placement and design as it is used.
Goal and Purpose
Many business processes depend on forms being filled out in order to capture information. The question is, what happens next; what happens to that filled out form?
The answer: the data must be taken off the form and used within the system that performs the transaction that form is designed for.
While many companies still manually re-key data from forms into their systems, and others use OCR (optical character recognition) software to scan and get data off forms, the reality is the none of these methods are fast, efficient or even accurate. FormXtract brings 99.9% accuracy to this problem, with speed and scale to match.
The main benefits of FormXtract are to:
Eliminate Work For Your Team
Enable 99.9% Accuracy
Increase Data Capture
Automate Document Setup
Process Business Faster
Why Use FormXtract
The number one question FormXtract answers for customers is: how do I get data off my completed forms?
A few key reasons customers need to extract data off of forms is:
E-Signing does NOT make form data readable
Wet-signing is still the default for most companies
Handwritten forms still occur in large numbers
Most forms processing still requires humans to read and type the data into a system, even if OCR or other technologies are in place.
Benefits of Using FormXtract
Eliminate Work For Your Team
Quik! sets up your documents for you - other than sending Quik! your forms, nobody on your team has to draw bounding boxes, define labels or anything else typically associated with data extraction tools.
FormXtract can reduce data entry and verification tasks by 90-99%, depending on the quality of your documents. By using FormXtract your errors will truly become exceptions to the rule and require far less effort for your team to validate.
Enable 99.9% Accuracy
Data from FormXtract is already verified by humans (when necessary) which means the data is ready to insert into your system.
Cleaner data going into your system results in little to no additional work needed on that data within your systems.
Increase Data Capture
Capture more data points with Quik!. Every field that Quik! defines on a form will be returned by FormXtract. This results in more data becoming available to your system without any human intervention.
Process any or ALL of your forms, not just the most valuable ones. Because Quik! sets up your forms for you in 10 days or less, you can add any form into the FormXtract process easily and quickly.
Eliminate Backlogs
Eliminate batch runs and scheduling jobs to handle your incoming documents. Instead, send them to FormXtract 24-hours per day, as they come in to your system. If you already automated capturing your documents electronically then you send them to the FormXtract API as a step in your workflow. There’s no longer a need to batch documents together and wait for a processing window.
Process spikes in forms volume with ease. FormXtract has a service level agreement (SLA) to return data on submitted forms within a specific time period. Whether that means one document or a huge volume of documents, FormXtract will get the job done within the timeframe specified in your SLA.
For help regarding Quik! Forms and the Quik! API
Email: support@quikforms.com | Phone: (877) 456-QUIK