The Solution: Faster Insights with AI Automation
To transform financial analysis, Datamatics implemented TruAI, an advanced machine learning and cognitive capture solution. The system now processes 15 million performance reports annually, significantly reducing manual effort. AI-powered automation led to a 70% reduction in trustee report sourcing and analysis time, cutting it from 250,000 hours to just 75,000 hours. Additionally, response times improved drastically, with an 83% reduction—bringing it down from 90 minutes to just 15 minutes. The integration of Generative AI not only enhanced data extraction but also provided deeper insights, making credit assessments more precise and faster than ever before.
- Automated financial data extraction from PDFs and image-based balance sheets into structured formats.
- Generative AI-powered analysis to assess business creditworthiness and generate underwriting reports..
- Intelligent web crawler to automate financial data sourcing, reducing manual report retrieval.
- AI-driven Finato workflow for streamlined data validation, processing, and report generation.
By integrating AI, the agency redefined credit analysis efficiency, setting a new benchmark for accuracy, speed, and automation in the financial industry.
