Oil & Gas
Various Know Your Customer (KYC) documents, including paystubs, tax return forms, and bank statements, are necessary for the mortgage application to be approved.
However, each bank has its own bank statement format, resulting in a large variety of statement layouts. As a result, the client’s original method for data extraction required the development and continual modification of numerous template-based data extractions; wasting a lot of time and money, only to achieve mediocre results.
Streamline the bank statement data extraction process, using less time and resources while achieving higher levels of accuracy.