The Bank needed Classification & Data-Extraction technology to automatically process everyday, transaction-related documents provided by customers, like: Identity Cards & Passports, Utility & Phone Bills, Tax Residence Certificates, Income Statements, Real Estate Registration documents, Commercial Register Certificates and many more.
The back-end Robotic Process Automation (RPA) Classification & Data-Extraction solution that was implemented helped the Bank achieve high levels of automation, reducing more than 40% of the time spent on checking and verifying document metadata.