Digitization of processes using DocumentAnts is an appropriate solution if:
You process manually a large number of financial statements
The size of the department and the cost of the staff that processes documents and performs checks are growing significantly
You perceive an increased error rate during manual rewriting and subsequent data processing for business needs
The current OCR solution has a low yield of information compared to the invested funds
Reference case of the process automation of the financial statement extraction from the banking sector:
1 400 financial statements a day, which were previously processed manually, now are handled automatically thanks to DocumentAnts
Of the total volume was flawlessly processed and automatically verified without the need for manual action
Realized annual savings on the document extraction process, reduction from 8 FTE to 3 FTE
Digitalization of the process of financial document processing saves FTE and reduces the error rate.
The procedure of processing is up to 10 times faster than during manual rewriting and data analysis.
Automated processing eliminates manual error rate of rewriting and data analysis.
The solution allows you to process documents from multiple sources, regardless of the document format.
DocumentAnts automates the entire procedure of financial statement processing