Challenge
Automate your bank check processing with 99% accuracy
- Standardize check data across formats and integrate it into your existing business tools.
- Accelerate payment reconciliation by using out-of-the-box document AI models to instantly capture check information.
- AI validations and smart error flags alert reviewers of manual processing mistakes so staff can focus on DSO improvements.
No credit card required
Preferred by Leaders from
Finance
Insurance
Real estate
Healthcare
Logistics
Biagi Bros is saving more than 500 hours per month on their Bill of Lading processing.
Jones document processing time reduced from minutes to seconds for their ACORD forms.
Valtatech turned their invoice processing time from a few hours to < 5 minutes with 99% accuracy.
Hitachi reduced reconciliation time of bank statements to under 30 minutes. Saving around 200 hours/month.
PayU processed 7 financial statement types across 100+ banks enabling 95% straight-through processing for income & ID verification.
National Debt Relief got a straight through processing rate of over 95% for their financial documents.
Arbor Powers 95%Straight-Through Processing on 1 Billion documents for CRE lending and risk assessment.
Westland processes 2000+ utility bills in 6 formats from 6 vendors, achieving 99% data accuracy.
Problem statement
Managing receivables with check deposits or remittances involves juggling multiple processes, channels, and providers that might lead to an error-prone experience.
What docs do we handle?
Checks
Remittance slips
Solution
Results
See how we can help your credit and collections team
Let's talk.
Docsumo's intelligent document processing enables you to extract data easily, efficiently, and accurately. Fill up the form to speak with an automation expert.
