Introducing Intelligent Document Processing

Introducing Foundation AI

Foundation AI, founded in 2019, delivers transformative, AI-powered document processing solutions for the insurance and legal sectors across North America.

Specializing in intelligent document processing, their platform empowers claims organizations to automatically profile, classify, and extract essential data from documents and emails. By automating workflows such as document routing, data entry, and escalation, it enables carriers to manage both physical and digital mail with ease.

Foundation AI is also SOC 2 Type 2 certified, HIPAA compliant, and purpose-built to streamline operations for long-term growth and success.

Why Snapsheet and Foundation AI Partnered

This partnership, established in 2022, leverages Foundation AI’s expertise in intelligent document processing to meet a growing need in claims management – modernizing and expediting the handling of physical and digital mail.

With Foundation AI’s advanced API and AI-powered classification, our customers can automate labor-intensive document workflows and reduce manual processing time.

Together, we offer an innovative solution that addresses a longstanding industry challenge!

Benefits of the Snapsheet & Foundation AI Partnership

Key advantages of our collaboration include:

• Streamlined Efficiency

  A technology-first approach ensures consistent, automated document handling, reducing manual work.
• Cost Savings

  Carriers can avoid costly manual mail handling, leading to impactful operational savings.
• Improved Responsiveness

  With automated categorization and data entry, carriers can respond faster to policyholders and claimants.
• Fast Deployment:

  The integrated solution is designed for quick implementation, delivering benefits instantly.
• Modernized Processing

  With AI, carriers are able to transition from outdated mail handling systems to a modern, future-ready solution.

Core Functionality & Features

Our partnership leverages Foundation AI’s API and AI-based document classification, routing, and indexing to modernize claims workflows, enabling carriers to automatically organize and respond to physical and digital mail in their claims system.

The solution supports tasks such as:

• Profiling

  Automatically analyze incoming documents to extract key data points for streamlined processing.
• Document routing

  Seamlessly route documents to the appropriate departments, reducing manual intervention.
• Escalations & more

  Quickly identify and prioritize urgent cases to enhance response times.