AI-Powered OCR & Document Processing System
AI IntegrationFinance & Banking

AI-Powered OCR & Document Processing System

High-performance automated document data extraction for financial services

-90%
Processing Time
Client
Enterprise Customer (Australia)
Completed
September 2024
Duration
5 months
Team
8 members
01

The Challenge

The problem we set out to solve

The client's existing third-party solution was slow (4–10 mins/document) and expensive. It struggled with diverse formats like scanned PDFs and images, leading to high failure rates and creating a bottleneck for the manual review team.

02

Our Solution

How we approached the challenge

We developed a custom solution combining deep learning-based OCR with advanced image preprocessing. The system identifies document types, corrects image quality, extracts structured data, and integrates seamlessly with their existing review workflow.

Technologies Used

PythonDeep Learning OCRComputer VisionNLPMicroservices
03

The Results

Achievements delivered after implementation

The new system dramatically reduced processing time and operational costs. It handles parallel requests efficiently, delivering structured data with high accuracy and significantly reducing the manual workload for the operations team.

-90%
Processing Time
From 10 mins to seconds
High
Cost Reduction
Eliminated license fees
99%
Accuracy
On financial docs

"The new OCR engine is a game-changer. What used to take our team hours to clear now happens almost instantly. The accuracy on poor-quality scans is particularly impressive."

Operations Manager
Operations Manager
Head of Lending Operations
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