Manifest's DOCAI solution extracts critical information from multi-page loan forms, with a validation interface for quick checks and corrections, connected to the bank's financial systems.
The bank processes over 10,000 multi-page loan application forms a year. Extracting and validating critical data took extensive manual effort, leading to inefficiencies and potential errors.
It wanted to automate data extraction to reduce manual intervention, improve accuracy and speed up processing.
extracting and validating by handDOCAI uses AI-driven data extraction to automate critical information retrieval from multi-page loan forms. A user-friendly validation interface makes verification and correction quick, with connections to financial systems such as LIXI for end-to-end workflow efficiency.
A 70%+ reduction in manual effort let staff move to strategic tasks. AI-driven validation delivers near-zero data errors, strengthening compliance and decision accuracy, and a 70% cut in processing time speeds up loan approvals and customer satisfaction.
Pick one high-value use case. We run a proof of value with no disruption, measurable results and a clear path to scale, in under two months.
Book a proof of value →50%+ cost reductions, live 12 weeks after contract.
Read the case study90% of loan applications processed automatically.
Read the case study$2.4M headcount savings and $4.0M avoided build costs over five years.
Read the case study