Settlement Letter OCR API

Every settlement letter contains dozens of critical legal and financial data points that organizations desperately need—settlement amounts, payment terms, release dates, party names, case numbers, attorney information, and compliance deadlines—yet most organizations across industries still rely on painfully manual processes that consume 30-45 minutes per document review, create massive operational bottlenecks, and leave dangerous room for billing errors and missed deadlines. From insurance companies losing track of claim resolutions while managing thousands of cases, to law firms struggling with settlement tracking delays, to financial institutions chasing incomplete payment documentation, the cost of manual settlement letter processing extends far beyond wasted time—it directly impacts cash flow management, regulatory reporting, and client satisfaction.

Veryfi’s Settlement Letter OCR API transforms this broken process by instantly extracting structured, actionable settlement data from scanned agreements and digital documents with 99%+ accuracy, eliminating the need for manual data entry, follow-up calls, and the endless paperwork reconciliation that stalls critical payment processing. Whether you’re handling dozens of settlement agreements weekly or thousands, our advanced machine learning technology scales effortlessly to turn settlement letters into instant financial intelligence, helping forward-thinking organizations across every vertical—from insurance adjusters ensuring accurate claim closure to legal accounting teams monitoring payment obligations—stop losing time and money to document processing delays and start gaining the competitive advantage that comes from real-time, automated settlement data extraction.