Case Study: Large Financial Services Company achieves 94% automation with Hyperscience

How one large financial services company is uniting speed & accuracy to transform data extraction processes with Hyperscience

Large Financial Services Company partnered with Hyperscience to digitize paper-based services and automate manual data extraction processes. Their goal was to reduce the time needed to deliver, update, and maintain the system while improving support for handwritten and machine-printed forms.

Using the Hyperscience Intelligent Document Processing platform, the company was able to automate a large share of field capture with strong out-of-the-box performance. Hyperscience collected roughly 90% of fields at 98% accuracy during testing, and the customer ultimately reached 94% automation and 99.5% accuracy, doubled the amount of data collected year over year, and significantly reduced manual effort.