Case Study: Laboremus cuts bank account opening from 72 hours to 3 minutes with Scanbot SDK

Process of opening a bank account shortened from 72 hours to 3 minutes

Laboremus, a financial technology company, needed to enable Ugandan banks to drastically shorten their multi-day account opening process. Their challenge was to create a mobile solution that could produce high-quality, flawless document scans suitable for digital archiving and processing. They addressed this by integrating the Scanbot SDK, specifically its Document Scanner SDK product.

The solution provided by the Scanbot SDK included automatic document capture, image enhancement, and PDF creation, which ensured high-quality digital copies of forms and IDs. By using the Scanbot SDK, Laboremus reduced the account opening turnaround time from up to 72 hours to just 3 minutes, a 99% decrease. This resulted in significantly higher customer satisfaction, a reliable digital archive for the banks, and much shorter processing times.

Laboremus