Banking &
Insurance
Healthcare
Other Industries
Document Intelligence
Our intelligent document processing solutions are trained to handle industry-specific documents and learn in real time from your data and people, so you can enjoy unmatched automation and accuracy rates
Problem
Every day, companies like yours must handle massive volumes of structured and unstructured documents, arriving in various paper and electronic formats.
Data in these documents must be extracted, understood and classified. Exceptions must be handled, and certain data may need to be validated. Data must then be processed and actioned.
Conventional, rules-based RPA tools can’t automate this process end-to-end, which limits their ROI and scalability.
Solved
You can automate all of this manual work, saving you millions in costs, boosting accuracy, customer satisfaction and employee happiness, with WorkFusion smart solutions:
- Pre-built to automate industry-specific processes, able to be installed in weeks, with no need for data scientists.
- Applicable for specific functions: IDP capabilities are complemented by end-to-end automation and specific analytics.
- Sustainable, as business users can retrain ML models, easily compare results and upgrade the bots over time.
90%
Decrease in handling time
for Identity Verification when onboarding new customers, enabling a superior customer experience
70%
Manual work reduction
for Name Screening Alert Review process, allowing employees to focus on more valuable tasks
95%
Reduction in false positives
for Adverse Media Monitoring for AML, creating higher data accuracy and process efficiency
Document understanding
Process documents of any type in multiple languages, including high-complexity documents with 100+ fields, sophisticated structures, or calculated fields.
Wide range of data formats
Automate processes with multiple data input formats.
Recognize handwriting, signatures, checkmarks, logos, stamps, barcodes, even in low-quality documents.
Pre-trained machine learning models
Start processing documents right away with pre-trained ML models and quickly adjust them in real-time with just a few documents.
With no need for data scientists!
Real-time, continuous learning
The accuracy of your solution increase with every exception your employees process.
AutoML automatically retrains bots on your data, allowing them to be easily re-used across your enterprise.
Polaris Transport Group
A leader in transport and logistics in North America uses our IDP solutions to automate 80% of processing for their customs documents, reducing turnaround time and error rates to levels beyond expectations.
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80%
Paperwork processing automated -
90%
Reduction in shipment errors
Standard Bank
Standard Bank leverages WorkFusion's Document Intelligence to automate document processing for customer onboarding, decreasing its account opening time from 23 days to 5 minutes.
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1M
Transactions automated monthly -
60%
Cut in customer verification time
Axis Bank
The third-largest private sector bank in India automates document processing in Account Opening and KYC operations, dramatically reducing onboarding times and improving customer satisfaction.
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170K
Checks processed daily -
70%
Reduction in errors