remittances/EOBs. Using a combination of OCR and data verification technology, the iERA technology converts paper Explanations of Benefits (EOBs) to electronic remittance advice (ERAs). Clients benefit from improved speed, accuracy and lower costs.
The iERA (intelligent ERA) solution eliminates paper by making 100% of your payments electronic. The tool receives scanned EOB’s and 837 files as its inputs and delivers a high-quality 835 file as the output.
The iERA platform is built on top of our Business Process Management tool, iP2P.