Goal
Extract key elements from Form 990 (1000+ fields) with near 100% accuracy
Challenge
The Form 990 is an annual tax information filing exempting organizations from paying taxes. There are hundreds of thousands of 990 forms completed yearly that our client processes, each containing 1000+ fields to extract across 12 pages.
The Form 990 is a challenge due to the large number of fields needed to be captured with near 100% accuracy due to the importance of the information. Client gave us this form to process after receiving sub-par results (under 90% accuracy) from other IDP providers.
Outcome
Achieved near 100% straight-through processing of IRS Form 990