
Sign up to save your podcasts
Or
WiseTREND Advanced OCR & Data Capture
Are you a financial institution suddenly receiving hundreds of thousands or even millions of documents you have not needed to process before?
Are they coming in by different methods and from different channels?
Lacking staff or technology to automate your document processing?
Recent government programs like PPP (Paycheck Protection Program) empowered the Small Business Administration (SBA) to provide loans. But the back-office operation and all the overhead that comes with it was passed onto the banks. No wonder the process has been slow, confusing and arguably broken. If you think of it, literally overnight, now every bank needs to find staff and computing power to handle this new data inflow.
WiseTREND Advanced OCR & Data Capture provides powerful Optical Character Recognition (OCR) software powered by Artificial intelligence (AI) to automate the capture, collection and processing of images, as well as performing data extraction and data validation. Our software is pre-configured to process forms like IRS940, IRS 941, and all other documents required by the process.
Our software will receive input from your customer, process it, check for errors, auto-fix some errors, escalate to operator review if human assistance is needed, and export the data to your backend databases. No data entry or typing required. The process generates a full audit trail as well as productivity and performance reports.
We also provide complete offsite processing and full automation through our SOC-2 certified Managed Services and cloud-based processing.
Please contact WiseTREND for a live demonstration.
WiseTREND Advanced OCR & Data Capture
Are you a financial institution suddenly receiving hundreds of thousands or even millions of documents you have not needed to process before?
Are they coming in by different methods and from different channels?
Lacking staff or technology to automate your document processing?
Recent government programs like PPP (Paycheck Protection Program) empowered the Small Business Administration (SBA) to provide loans. But the back-office operation and all the overhead that comes with it was passed onto the banks. No wonder the process has been slow, confusing and arguably broken. If you think of it, literally overnight, now every bank needs to find staff and computing power to handle this new data inflow.
WiseTREND Advanced OCR & Data Capture provides powerful Optical Character Recognition (OCR) software powered by Artificial intelligence (AI) to automate the capture, collection and processing of images, as well as performing data extraction and data validation. Our software is pre-configured to process forms like IRS940, IRS 941, and all other documents required by the process.
Our software will receive input from your customer, process it, check for errors, auto-fix some errors, escalate to operator review if human assistance is needed, and export the data to your backend databases. No data entry or typing required. The process generates a full audit trail as well as productivity and performance reports.
We also provide complete offsite processing and full automation through our SOC-2 certified Managed Services and cloud-based processing.
Please contact WiseTREND for a live demonstration.