AI-Powered Document Processing with DataBank
Automatically process and structure data at scale to uncover your most vital insights with AI and industry experts
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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And inching by with outdated technology, not-so-informed decisions, and slow processes can be frustrating for you, your organization, and your stakeholders.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.
Current state vs. what’s possible
Daily work challenges solved with AI-Powered Document Processing
Current state
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Nonstop incoming paper documents with inaccessible information
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Manual data entry that leads to inaccurate data
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Little to no visibility into process status and performance
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Incomplete or bad data, you have to double-check
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What’s possible
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Reduce or eliminate paper processes
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Backfile and day-forward high-volume scanning
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Label key data trapped in your documents at scale
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Automate incoming and outgoing records with digital mailroom
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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
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Oil & gas land files
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Manufacturing & Retail inbound orders
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Healthcare inbound medical records
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Higher Education transcripts
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Government information transparency and constituent access
Department use cases
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Claims/Fraud, Waste, and Abuse
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Human Resources
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Mergers & Acquisitions
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Contract summarization, insights, and management
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Accounts payable
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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.
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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.
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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
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Accelerate processing
Nix slow, manual indexing and process hundreds, thousands, or millions of documents at an efficient pace
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Rely on accurate data
Eliminate errors that come with manual entry and get reliable data during the extraction and classification stages
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Scale up fast
Expand processing needs without disruption to operations
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Save on operational costs
Pave a pathway to cost savings by reducing labor-intensive tasks and reducing turnaround times
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Equip teams to make data-driven decisions
Gather and share analytics and insights that drive better decisions
Real results from DataBank clients:
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Merit Energy Company has an efficiency, totally hands-free document process which has sped up asset payout
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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%.
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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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