AI-Powered Document Processing with DataBank

 

Automatically process and structure data at scale to uncover your most vital insights with AI and industry experts

We know the speed at which you receive incoming documents and data is overwhelming.

And inching by with outdated technology, not-so-informed decisions, and slow processes can be frustrating for you, your organization, and your stakeholders. With the help of DataBank’s industry experts and artificial intelligence, you can turn millions of documents, once manually indexed, into a fully automated processing machine.

Trusted by organizations across industries, automating and producing more with less.

Current state vs. what’s possible

Daily work challenges solved with AI-Powered Document Processing

Current state

    Nonstop incoming paper documents with inaccessible information

    Manual data entry that leads to inaccurate data

    Little to no visibility into process status and performance

    Incomplete or bad data, you have to double-check

      What’s possible

        Reduce or eliminate paper processes

        Backfile and day-forward high-volume scanning

        Label key data trapped in your documents at scale

        Automate incoming and outgoing records with digital mailroom

        Take the first step toward streamlined document processing.

        Common practices we solve for

        We’re not limited to these use cases, but these are the most prevalent we see.

        Industry use cases

        Oil & gas land files

        Manufacturing & Retail inbound orders

        Healthcare inbound medical records

        Higher Education transcripts

        Government information transparency and constituent access

        Department use cases

        Claims/Fraud, Waste, and Abuse

        Human Resources

        Mergers & Acquisitions

        Contract summarization, insights, and management

        Accounts payable

        Mailroom automation

        How we get it done

        Here’s how we help you reach your goals with intelligent document processing.

        Step 1: Outline objectives and choose your approach

        Select from self-service, full-service, or a combination to handle processing. We help you find the best tool fit, like Esker or PageIQ, and then do implementation and training to help you feel prepared.

        Step 2: Fix your file intake problem

        We’ll convert all existing and incoming paper records into digital files to prepare them for processing. This step also includes routing incoming digital records like email attachments, invoices, FTP transfers, faxes, and more.

        Step 3: Intelligent document processing

        Then, we use AI and machine learning technologies to identify key fields and label them accordingly – at scale. DataBank experts validate your data according to your accuracy requirements.

        Step 4: Deliver and activate your data

        We deliver to any system or can set up data warehousing or enterprise content management. With all this data in your systems, now you can automate highly manual processes and implement business intelligence tools – be an observer of the data in action.

        Let’s partner and start automating your work.

        Experience the impact AI-Powered Document Processing has on your performance and teams

        Accelerate processing

        Nix slow, manual indexing and process hundreds, thousands, or millions of documents at an efficient pace

        Rely on accurate data

        Eliminate errors that come with manual entry and get reliable data during the extraction and classification stages

        Scale up fast

        Expand processing needs without disruption to operations

        Save on operational costs

        Pave a pathway to cost savings by reducing labor-intensive tasks and reducing turnaround times

        Equip teams to make data-driven decisions

        Gather and share analytics and insights that drive better decisions

        Real results from DataBank clients:

        Merit Energy Company has an efficiency, totally hands-free document process which has sped up asset payout

        A major, mid-Atlantic health system that processed over 9 million documents per year projects annual savings at $7.9 million and ROI across the health system at 210%. 

        The Massachusetts Registry of Vital Records cut document search and retrieval from 10 minutes to under 3 minutes

        Why DataBank?

        • Built for mass amounts of documents
        • Prioritize sustainable outcomes over band-aid fixes or pushing products
        • Technical experts with knowledge of specific industry processes
        • Flexible service options, including self-service, full-service, or hybrid
        • Premium security program maintained for highly regulated industries

        You know where you want to go. Let’s help your data get you there.

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