O2I Developed a Big Data Platform for Document Processing Automation

The Client & Their Requirements

The client is a leading bank which has been serving customers around the globe for a long time now. They were looking for a data science service provider who could develop a big data-based platform which would help them automate their document processing process. Every prospective customer submits his/her bank statements, the team verifies these documents, and then the data is entered into a spreadsheet template. The client was looking to automate this process.

The Challenges

The current process had the following challenges -

• The entire manual processing of a 30-40-page document took over 8-9 hours on an average and this had to be reduced considerably
• Not having any kind of analytics or any dashboards limited the capability conduct detail analysis of credibility of the applicant

Our Solution

After carefully analyzing the requirements of the client and understanding their project, our team of data science experts devised the following solution -

• Our team developed a big data-based platform which would help the client to automate the entire document processing process
• Our system ensured that a 30-40-page document took less than 30 seconds to process which would take about 8-9 hours in the manual process
• Our team used the Cloudera Hadoop Cluster to develop the system which quickened the process to a considerable extent

The Result

The client was completely satisfied with the system developed by us which helped them reduce the time required to process the documents. The entire processing of scanned documents from PDFs, e-statements, and other financial documents was automated and the application generated comprehensive outputs in MS Excel and a summary workbook which enables a more accurate measure of credit-worthiness.

Contact High-quality Document Processing Automation Services to Outsource2india

Outsource2india has been a leading provider of big data lakes solutions and consulting services and a host of other data science services in India and to clients around the world. We have the required experience of working in multiple domains which makes it easy for us to understand the exact requirements of the client. Our team comprises of some of the most talented and skilled data science experts who are capable of handling any of the clients' requirements.

If you are looking for an efficient, reliable, quick, and cost-effective data science service provider, then look no further. Get in touch with us today!