Case Study: Ellement cuts pension report processing time with Nanonets

Ellement cuts pension report extraction time by 90% with Nanonets

Ellement, a benefits consulting firm specializing in pension administration, faced a significant challenge processing employee contribution reports from multiple employer clients. Each report arrived in a different format, requiring their team to manually extract data into Excel—a process that took 16 hours per 100 documents. Their previous attempt at automation with Power Automate failed due to limited accuracy and constant maintenance needs, creating compliance risks from manual entry errors.

Nanonets implemented an AI agent to automate the entire extraction process. The solution automatically ingests reports from OneDrive, extracts all pension data fields across varied formats with 97% accuracy, and exports the structured data to Excel. This reduced processing time from 16 hours to just 1.5 hours per 100 documents, a 90% time reduction, while eliminating manual intervention and improving compliance.

Ellement