Services›AI Solutions›Document Data Extraction & Review
Industry: Finance, Insurance, Legal, Operations
Teams spend hours keying in and checking data from documents — contracts, invoices, forms, claims, reports — by hand. It’s slow, error-prone, and the same fields and clauses get re-read over and over.
AI reads each document, pulls out the key fields and clauses, and flags anything missing, risky or unusual into a ready-made summary — across contracts, invoices, application forms and claims, whatever the layout.
Far more documents get processed in the same time, staff focus on the exceptions and judgment calls, and large document sets are sorted in hours instead of weeks.
One global bank’s document-reading AI does in seconds what used to take 360,000 lawyer-hours a year.
Publicly reported deployment: JPMorgan’s "COIN" reviews commercial loan contracts in seconds; the same approach pulls data from invoices, forms and claims.
Representative outcomes based on industry benchmarks. We are not affiliated with the companies referenced.