Laborious steps are involved in the issuance of bank guarantees which is painstaking.
The client was looking for a cost-effective and efficient solution for its labor-intensive and error-prone bank guarantee closure. The employees had to manually transcribe data between disconnected legacy systems to identify bank guarantee status. Multiple stages of manual verification reduced their productivity.
Dolphin.ai sped up the process effectively whilst increasing productivity.
Dolphin.ai was deployed to automate the end-to-end bank guarantee closure process. The real-time document processing solution sped up the bank guarantees vetting and delivered to more customers on demand.
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