Case Study: SecureFinTech Solutions achieves faster, more accurate compliance checks with NuMantra Technologies OCR automation

SecureFinTech Solutions - Customer Case Study

NuMantra Technologies helped SecureFinTech Solutions, a financial services provider, overcome its challenges with manual regulatory compliance checks. The company was struggling with an increasing volume of documentation, a time-consuming and error-prone review process, and the significant risk of facing financial penalties for non-compliance.

NuMantra implemented an OCR solution powered by Generative AI, LLM, and RPA to automate the extraction and analysis of documents. This resulted in a dramatic increase in accuracy from 78% to 95%, an 85% boost in productivity, and a reduction in processing costs to $75 per document. The automated system also increased daily throughput by 400% and slashed the error rate to just 2%, ensuring full regulatory compliance for SecureFinTech Solutions.