Manual processing of intricate documents results in delays and bottleneck
Automated document processing system to streamline the bank guarantee vetting, enhance workflow, and ensure compliance.
Introduced Marvel.ai, an intelligent document processing system
To automate and streamline the bank guarantee vetting process.
By harnessing advanced AI and ML technology, Marvel automated document analysis, simplified relevant data extraction, and optimized workflows, resulting in quicker decision-making, enhanced accuracy, and improved overall vetting process efficiency.
High accuracy and high-speed precise parsing of information from intricate documents.
Detection of inconsistencies and errors in extracted data, with flags for manual review.
Identification of atypical patterns and fraudulent content in documents.
Scalable solution for processing a large volume of documents and prioritizing urgent requests.
Drastic reduction in document processing time
Document processing time reduced from 4 hours to 5-6 seconds and a maximum of 30 seconds.
Provides insights for maker and checker to improve decision-making.
>95% Data accuracy.
Capable of processing a large volume of data within a minute.
Reduced TAT and operational cost
Improved compliance
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