At Megafy, we specialize in adding value to our customer’ processes. A recurring problem in many of them is the extraction and validation of the information contained in documents (phys or digital). Processes such as contract generation, proof of delivery reconciliation and others, usually involve manual activities of information reconciliation subject to errors and that also consume time and costs associated with the process.
The use of artificial intelligence and machine learning allows us to automatically classify documents and extract information from them, whether structured or unstructured. This allows us not only to automate repetitive manual activities subject to human error, but also to have information that was not obtained before due to higher costs and processing times.
For example, it is common that for the generation of a contract with a final customer or a supplier, we need to validate supporting documentation such as proof of address, identity card, financial information, etc. Our solutions allow the extraction of relevant information for the process and the validation of business rules associated with it, to occur in a fully automated way, without human intervention and with extraction rates above 90%. In addition, thanks to automatic learning, the system will learn every day about the best way to obtain that information.
This speeds up decision making, reduces time and errors in the process and enhances processes such as KYC in banking, fraud reduction, reduction of costs associated with non-executed benefits (insurance area), etc.
