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Banking

Our blog covers Document Automation tips, productivity hacks, and lessons learned from serving clients from multiple industries.

Process Loans 3X Faster with Mortgage Document Automation
Process Loans 3X Faster with Mortgage Document Automation

Mortgage industry has to deal with massive piles of documents for making verification checks and clearing loan approval. On the flip side, the age old document solutions (manual keying, OCRs…) aren’t enough to comprehend existing needs. The blog focuses on the process of mortgage, the documents used, documentation challenges, and intelligent document processing as a solution for mortgage document automation.

June 24, 2022

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Accelerated Data Extraction of Bills and Invoices via IDP for Invoicing
Accelerated Data Extraction of Bills and Invoices via IDP for Invoicing

With massive bills & invoices being produced, the logistics industry is always on the verge of credit risk. It calls for a solution that can fasten the process eradicating documentation delays completely. Learn why traditional systems can not comprehend today's needs, and what does intelligent document processing have on offer?...

June 24, 2022

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Narrowing Costs for Invoice Data Extraction via Automation
Narrowing Costs for Invoice Data Extraction via Automation

A large percentage of invoices are still being processed manually inducing a lot more cost that can be minimized. The blog focuses on the different costs related to invoice extraction, and possible invoice extraction automation remedies…

June 24, 2022

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Intelligent Document Processing- Helping Organizations become Intelligent
Intelligent Document Processing- Helping Organizations become Intelligent

Document processing is a complicated feat today. With high volumes and multiple formats, it is not just about data extraction but extrapolation of meaningful insights as well”. Read our article to understand how IDP can take up the mantle…

June 24, 2022

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How Banking Giants are adopting IDP to Improve Legacy Processes?
How Banking Giants are adopting IDP to Improve Legacy Processes?

Banking relies on paperwork, producing millions of documents daily. With challenges like process standardization, categorical data storage, & validation…it requires a solution with a fast track and secure approach. Know how IDP can help transform document processing in banking…

June 24, 2022

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Payments Banks Speed up Approval Processes by 30X and Detect Fraud using Intelligent Document Processing (IDP)
Payments Banks Speed up Approval Processes by 30X and Detect Fraud using Intelligent Document Processing (IDP)

Intelligent Document Processing reduces FASTag processing time by 90%. Swift machine-human collaboration decodes unstructured data to provide actionable insights, providing instant approvals and fraud detection using data triangulation.

June 24, 2022

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Intelligent Document Processing - What It Is and What It Offers Businesses?
Intelligent Document Processing - What It Is and What It Offers Businesses?

Intelligent Document Processing(IDP) is a solution that converts messy, unstructured and semi-structured data into a usable, structured format. The initial data set can be on offline documents like scanned forms and bills, or online documents like emails, PDF documents or images.

June 24, 2022

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Procure the Right IDP (Intelligent Document Processing) Solution to fulfill Organizational Goals!
Procure the Right IDP (Intelligent Document Processing) Solution to fulfill Organizational Goals!

In recent years, IDP has managed to fill the void left by traditional OCR software by offering artificial intelligence (AI) and machine learning (ML)-driven solutions that are gaining popularity with every passing day.

June 24, 2022

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Email Automation Use Cases for Efficient Customer Support in Banking
Email Automation Use Cases for Efficient Customer Support in Banking

This article will primarily focus on how the use of an AI enabled Mail Bot can boost operational efficiency and productivity, bringing a profound sense of customer satisfaction and loyalty by automation of customer support email responses.

June 24, 2022

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