Skills

Roles and Responsibilities

At Botminds, our mission is to help companies automate their document-centric processes to accelerate business insights. Founded in 2016, Botminds has helped large enterprises to build custom automation for reading, understanding, and summarizing documents and websites within hours. Botminds is a next-generation Robotic Process Automation (RPA) company that uses advanced AI that condenses the complex task of understanding the meaning of a free-form text into simple point & click activities.

Solutioning – Customer onboarding – User acceptance testing – Market awareness

Business Analyst

We are hiring a Business Analyst to join our business team. You will work alongside other business analysts and your main tasks will include performing detailed requirements analysis, documenting processes, and performing some user acceptance testing. To succeed in this role you should have a natural analytical way of thinking and be able to explain difficult concepts to non-technical users.

Overview

3+ years experience – Content marketing – Blogs – WordPress – Data driven

Content Writer

Botminds is in need of a talented Content Writer to create compelling blog posts, white papers, product descriptions, social media content and web copy. We’re looking for someone who will help us expand our digital footprint and drive more value through online content. The ideal candidate should have a proven track record of producing pieces that increase engagement and drive leads. This position requires a high level of creativity, as well as the ability to use data-driven insights to write better material. The successful candidate should also be detail-oriented and committed to meeting tight deadlines.

Desired Experience

Strategy & Communication

Tools & Processes

7+ years in B2B – Demand generation – CRM – Marketing Automation – RPA

Director of Product Marketing

The right person for this role will have a deep understanding of end-to-end demand generation strategies and a proven track record in building, executing, and delivering high impact, ROI-driven lead generation programs that directly support sales goals. He or she will be highly analytical and operations-minded, with a deep understanding of B2B software marketing and sales organizations. Additionally, they will be well-versed in database management (CRM and Marketing Automation), relational databases, and Microsoft Excel.

Qualifications

2+ years experience – Angular/Typescript/Node Js – HTML5/CSS/Bootstrap

Full Stack Developer

We are looking for an exceptional Full Stack Developer for the role of Software Engineer helping us to provide great user experience while we wow our users with the power of AI for advanced document understanding. A strong working knowledge of using Angular, Typescript and NodeJS is critical for this position. This is an exciting opportunity to work closely with our platform team and help drive our technology forward bridging the gap between research & engineering in the field of machine comprehension. If you want to realign your career towards Machine Learning / Artificial Intelligence, look no further. This position offers an opportunity to work closely with best of minds in this field and to learn the tricks by doing amazing things along with them. In this role you will focus on developing engaging interfaces for our users, enhancing the AI experience they get in our platform. You will enable people by making their work of reading documents enjoyable through blending the power of AI with rich UX in our first of its kind DIY SaaS for advanced document understanding using AI.

2+ years experience – Python/Pytorch – Machine Learning – NLP

Python Developer

We are looking for an exceptional Python Developer for the role of Software Engineer helping us to provide great user experience while we wow our users with the power of AI for advanced document understanding. A strong working knowledge of using Python and Pytorch is critical for this position. This is an exciting opportunity to work closely with our platform team and help drive our technology forward bridging the gap between research & engineering in the field of machine comprehension. If you want to realign your career towards Machine Learning/Artificial Intelligence, look no further. This position offers an opportunity to work closely with best of minds in this field and to learn the tricks by doing amazing things along with them. In this role you will focus on developing engaging interfaces for our users, enhancing the AI experience they get in our platform. You will enable people by making their work of reading documents enjoyable through blending the power of AI with rich UX in our first of its kind DIY SaaS for advanced document understanding using AI.

Current Openings

Let's create a world where people never read boring documents

What's so special about us


![image](webinar1.png)

### Get complete Insight on Intelligent Document Processing, potential of AI and RPA for Advanced Document Understanding in Finance to speed up knowledge processes

Session with Participants across Top Sectors on below topics:

- Going beyond OCR & RPA with AI for Knowledge Process Automation

- Maximizing Automation Potential- A paradigm shift to Intelligent Document Processing

## Key take aways from the webinar, Click and Watch :

[![Sample](<http://(www.youtube.com/watch?v=z_CsmRrlTdo)img.youtube.com/vi/v=z_CsmRrlTdo/0.jpg>)](http://www.youtube.com/watch?v=z_CsmRrlTdo 'https://www.youtube.com/watch?v=z_CsmRrlTdo/0.jpg')

## Watch Panel Discussion for more Insight :

[![Sample](<http://(www.youtube.com/watch?v=01UtBJzAeuw)img.youtube.com/vi/01UtBJzAeuw/0.jpg>)](http://www.youtube.com/watch?v=01UtBJzAeuw 'https://www.youtube.com/watch?v=01UtBJzAeuw/0.jpg')

#automation #innovation #webinar #ai #documentunderstanding #finance


Botminds Document Understanding. Introducing 'Knowledge Process Automation' for Knowledge Process Outsourcing companies.

Webinar - Intelligent Data Extraction from Complex Financial Documents


![stock-exchange](profile-creation.png)

## AUTOMATE COMPANY PROFILE GENERATION

### INTRO

The client is a multinational investment banking and financial services company with offices in more than 45 countries. They are ranked in the Fortune 500 list of the largest U.S. corporations by total revenue.

Corporations, organizations, and governments around the world rely on this client for their highly reputed financial advisory and capitalraising services.

### PROBLEM

The client needed a robust automated system to build company profiles in a short time. The company profile analysis helps make critical investment decisions but was done manually. It required 24 hours to build a profile for each new company even with minimal data points.

This was reducing the efficacy of the insights as they were stale by the time they were available. The time spent on manually checking for information updates meant lost investment opportunities. And hence, lost profits.

### PAIN POINTS

- More than 150 sources needed to be monitored frequently.

- Data points then had to be extracted manually by analysts which was counter-productive.

- More time was spent on collecting data than doing the actual opportunity analysis.

- Missing real-time data was undermining the quality of investment decisions.

- Alternative datasets were missing which was impacting the robustness of the financial models, and hence the client's competitive advantage.

- Custom scripts and consolidation activities were required each time to create a singular company profile view.

Building a singular view of a company based on hundreds of data points across the web for a customer

[Download full case study here.](/blogAssets/Company_Profile_Analysis_Casestudy_Botminds-min-1.pdf)


Real-time company insights from 100s of sources available in one place for a clear, clutter-free view.

Casestudy - Botminds AI helped an Investment Bank reduce their company-research profile creation time by 70%


![Image](COVID.png)

### Write up on Critical Perspective into the Role of Artificial Intelligence in Clinical Documentation

The current conversation around automation and artificial intelligence technologies creates a future vision where humans may not possibly compete against intelligent machines, and that everything that can be automated.

Clinical documentation constitutes a large portion of doctors’ administrative tasks; doctors may need to spend up to 55% of their workday to generate notes and to review patient’s records. Studies suggest workload caused by clinical documentation is an important barrier to effective patient care.

> Botminds works on two basic principles of increasing automation in the processes wherever possible and keeping human intermediation minimal

Much of the work is done in the trials by trained Ph.D.’s completing repetitive, low-level tasks
Here’s a relatively easy step to reduce the cost, time and headache of clinical trials. All of the these could be automated with our IDP bots to free up the time of highly-educated, well-paid researchers so they can focus on more important activities related to the trials. Just as important, these additional activities and the use of RPA could accelerate the entire clinical trial process significantly.
The cost of driving new drugs onto the market will undoubtedly power this revolution.

How IPA could help existing systems extract clinical documents and patient data and route it to the human employees that need to use it

Here's how botminds can read, understand and summarise your research articles:

[![Sample](<http://(www.youtube.com/watch?v=IUff1xNL63I)img.youtube.com/vi/IUff1xNL63I/0.jpg>)](http://www.youtube.com/watch?v=IUff1xNL63I 'https://www.youtube.com/watch?v=IUff1xNL63I/0.jpg')

- AI research platform to enable researchers to get meaningful insights from 10000's of research articles

- Discover critical insights through simple search queries in a matter of seconds

- Navigate to the original text location with a single click


Browse 40,000+ research articles and stay tuned to the latest releases

Accelerate Your Research with Botminds CORD 19 - Browser


![stock-exchange](airline.png)

## AI-POWERED COMPETITIVE MONITORING

### INTRO

The client is one of the leaders in the business intelligence segment. They offer competitive monitoring, analytics and knowledge services to large enterprises across industries
such as financial services, travel, hospitality and retail.

### PROBLEM

Delivering robust competitive monitoring to one of their travel-tech customer was challenging. They needed to monitor 100s of airline websites with no uniformity in
structure and navigation to continuously evaluate airline ticket fares.

Airline websites are dynamic in nature. They make frequent changes to their webpage layout. There are variations in critical data points such as fares, availability of flights, duration etc.

### PAIN POINTS

- Relying on site-specific scripts for monitoring needs, did not serve the purpose.

- One configuration rarely fits two websites and easily breaks across different webpages.

- Creating and maintaining site-specific scripts composed of countless rule engines was very chaotic.

- Target websites were blocking crawlers incessantly as soon as crawling began.

- Onboarding clients with a handful of new target websites took anywhere between 4 weeks to 6 weeks.

Botminds AI helped a Business Intelligence company build a highly scalable competitive monitoring process,
from crawling to tackling blocking issues, you’ll discover the easiest way to do them all

[Download Full Casestudy](Competitive_Monitoring_Casestudy_Botminds_New.pdf)


Start monitoring your competitor websites today

Casestudy - Data mining from hundreds of airline websites to compare rate parity


![Cat](investment.png)

No investment research is complete without reading annual reports.

Many investment firms are chasing a vicious cycle in automating data extraction from annual reports.

> Problem #1 is complexity.

Annual reports come in 1000s of templates. These templates vary in structural aspects such as design, layout, and text formats, and they may contain highly complex inter-dependent tables.

![Cat](image-3-1024x607.png)

The technologies such as RPA or OCR fail miserably to extract the vital data confined in these long complex documents, requiring human-like comprehension.

Automation without contextual understanding generates inaccuracy and inefficiency. Even a minor error might lead to a business loss or wrong investment call.

![Cat](image-1-1024x768.png)

No matter how many rules are applied, they fail to augment humans in capturing data based on the context. Annual reports vary and for a rule-based process to work, they should either stay consistent in their format or change by a pre-determined amount.

Botminds AI platform uses ML & NLP technologies to extract context and data from Annual Reports, just like a human would, but 10x faster.

> Complex tables and inconsistent document layouts are no hurdle to Botminds.

## Read documents. Understand tables. Extract value

- Take the grunt work out of reading long documents. DocuMind specializes in understanding the semantic meaning of text in a human-like fashion so you can get accurate results not matter how complex the document.

- DocuMind leverages visual cues like text size, color, styling and placement. This results in human-like understanding based on contextual information.

- Understanding tables in PDF is tricky business. Most AI solutions fall short of truly 'reading' tables. But not DocuMind. It reads lables row-by-row, just like a human reader, and extracts each row as a table record. Even complex tables - like those split across multiple columns or containing sub-columns can be understood easily with DocuMind.

With a context-aware platform, set up an end-to-end automation pipeline of Annual Reports in a few hours and make investment decisions with
highly reliable data.

## Automate within days. Not months or years

- DocuMind uses advanced transfer learning technology. This means it needs 100x - 1000x fewer training examples than standard deep learning technologies. Hello lightning fast automation!

- Thanks to the seamlessly integrated architecture of DocuMind, training the AI to understand your business needs is iterative and easy. Get a starter model with just a 100 examples. Simply give more examples for the data points that need higher accuracy to get the results you need.


Just like a human would, but 10x faster. Complex tables are no hurdle to Botminds

Capture investment signals from Annual Reports 10x faster.


![Cat](21BC.png)

This month, at Botminds, one of our lead AI Engineers, Raja, is celebrating his 4th work anniversary. Raja is one of the many early team members who has been with Botminds since our inception. Raja has been instrumental in the stellar growth of Botminds. He is famous for his optimistic work style.

> Congratulations Raja! It feels like yesterday when you walked into our office, and the first thing I said is, “I have a demo today evening, and I need ‘this’ to be fixed.” He answered it by fixing that nagging issue we had for weeks in a few minutes. The story repeats every day for the last four years in many variations. Still, the common theme is your speed, ownership, and responsibility. -- _Gokul(Chief Operating Officer)_

> Congratulations Raja!
> “Don’t fear when Raja is here,” “Lead Raja.”
> We have these phrases for good reasons—cheers to the last 4 years and many more years ahead.
> -- _Faizan(Lead ML Engineer)_

In this post, we ask Raja a few questions to share his perspectives working with Botminds.

## Tell us about yourself. What made you pursue programming?

Hi! I’m Raja. Full-Stack Engineer and Founding Team Member of Botminds.

I’m fascinated with Computer Science. In my school days, I used to bug my computer teachers to get more practical classes to spend more time writing codes for simple mathematical problems. I always dreamt that one day I would become an engineer and build many software applications.

Currently, at Botminds, I’m one of the Lead AI Engineers. I take responsibility for having a robust ecosystem for document and webpage ingestion in our platform. I have hands-on experience in .NET, NodeJS, Angular, and Nest JS programming frameworks. Recently, I started loving Kubernetes for its easy deployment and heavy-load bearing capacity.

## What do you think about the problem Botminds solve?

I believe everybody should have access to automation. Every organization should grow and produce more opportunities for society. Many heavy manual-intensive processes limit growth and make people lose their peace of mind. The document-centric process is one among them. Very few organization gets the chance to automate its tedious, expensive, and troublesome document-centric process.

The current AI technologies are either highly expensive or too complex to adopt. Organizations spend countless days chasing after the superior technologies so that they can put a full stop to their hassles.

Botminds assists those organizations in setting up an end-to-end automation pipeline in a few hours, without the need for any tech skills. In this perspective, Botminds is democratizing enterprise automation trapped inside the box of complexity. So my thoughts are neatly aligned with Botminds, and this is why I love this journey.

## What do you like the most about Botminds?

At Botminds, we see what’s unique in people and nourish them with what they need to thrive. That’s the secret of how people work with real strength in their respective domains. People become experts and distribute their knowledge with other teams.

![Cat](image-2.jpeg)

Also, Botminds continuously take several initiatives to promote a healthy culture that cares about the employees and their well-being. Recently, one of our programs that focussed on our mental wellness is an excellent example of how dedicated is Botminds towards our people.

Last but not least, Wednesday Office Briyani is my favorite. No matter what happens, I never take leave on those days.

![Cat](image-3.jpeg)

## Tell us about your 4-year journey in Botminds.

It was a dream-come-true for working in a cutting-edge AI technology startup. I joined Botminds as a front-end developer concentrating only on the design aspects of our platform. Because of my never-ending love for exploring new technologies, I took many more challenging new responsibilities. Within a short time, I was able to come through in many latest tech stacks. I started to realize the sheer growth in my career, grew into a Lead AI Engineer, and contributed to significant breakthroughs at Botminds.

![Cat](image-4.jpeg)

Along with my career growth, I was able to groom my personality as well. I got the opportunity to interact with teammates, diverse in skills, domain, and culture. We play Cricket and Shuttlecock Badminton very frequently. Those events were highly beneficial to me in learning more about people’s true nature, enhancing my leadership qualities.

![Cat](image-1.jpeg)

> I never imagined that one company could have this much impact on my life.

## What is your message to junior programmers?

I cannot stress more the importance of logical thinking with my team. I believe we should be a problem solver first then a programmer. Programming is just a tool to solve problems.

Understanding the problem and its consequences, and visualizing the logics for solution first-hand even before touching the IDE can only assure an impactful work.

Having an excellent team in your organization to support & nurture can boost your career growth faster than ever. In that sense, I’m so lucky to have a team comprised of many expert programmers and industry veterans.

## What is one achievement that is so close to your heart?

The one achievement that I enjoyed much was when we pushed Botminds platform’s scalability to the extra-ordinary level.

We were working with a few enterprise clients who had a massive volume of documents to process. Our objective is to increase our platform’s scalability multi-fold to support those enterprise clients. We were working relentlessly without realizing the time. I still remember that mid-night before the release date. We uplifted our processing speed to process more than 12,000 documents in a few hours. 4 of us from my team celebrated as if we had won a million-dollar lottery ticket. It was so rewarding because our several month efforts were seen incredibly valuable by our clients.

## How can someone join a cutting-edge AI company like Botminds?

I’d highly suggest someone wishing to pursue their career in AI to unleash their creative mindset. More and more new technologies are showing up every day in the field of AI. Building futuristic AI products may require the assistance of multiple tech stacks. Logical thinking would help to understand several new concepts rapidly.

Expertise in Data Science, Python & Neural Networks can guarantee a bright future for AI enthusiasts.

## How can people reach out to you for more details?

I’d love to discuss ideas and open to share what I’ve learned from my experience.

You can reach out to me at raja.s@botminds.ai or [LinkedIn](https://www.linkedin.com/in/maha-raja-84791318/)

Thanks.


Are you looking for a good career, here's is a candid answers from our core employee.

A candid interview with Raja on his 4th work anniversary


![Cat](wellness.png)

Pandemic has made companies push the panic button on Productivity.

As a result, productivity tracking software business is on the rise.

> By 2020, 80% of companies will be monitoring employees – Gartner

Companies put the measurement of productivity above other aspects, such as creativity and innovation, partly because, it is easy to measure and secondly, that’s the billing currency to their customer.

Celebrating productivity, solely, in the workplace, turns humans into mechanical robots. Like a tool worn out over time, employees getting frustrated with the work is inevitable.

More so, in the time of the pandemic, where almost everyone is working remotely, employees are prone to mental health problems.

On average, 35% of working adults have reported the symptoms of anxiety or depressive order during the period of May-July of 2020 (report from kff.org). These issues directly welcome absenteeism, job abandonment, and certainly decreased productivity.

![Cat](stat.png)

RPA talks about, taking the robot out of a human. Letting humans do what they do best, which is creative, collaborative work.

At Botminds, we prioritize creativity and craftsmanship more than productivity. Right from the start, we made sure that everybody in our organization has a platform to think and innovate.

Many of the advancements in our product and services have only come from pushing the limits of our imaginations. The ironic fact is that trivializing productivity has resulted in multi-fold productivity gains.

> “A stressed mind cannot innovate”

Realizing the severity of the current ongoing crisis, challenges that come with remote work, trying to bring work-life balance, not having your friends & colleagues to talk to, during a water-cooler moment; we decided to start an employee mental wellness program that runs throughout the year.

In collaboration with [YourDost](https://yourdost.com), the program offers an anonymous consultation to our employees. Anybody who feels that they need mental support is encouraged to set up a private meeting with an expert of their choice.

Many of our team members have already found this program incredibly boosting to their emotional well-being. Among several initiatives, we believe this is going to leave a permanent positive influence on our company’s culture.

We at Botminds care about our employees, their well being, their relationship with their families and co-workers.


Employee benefits for Introduced Program during Pandemic

Introducing Mental Wellness Program in Botminds


![Cat](company-research.png)

Building a robust company research process requires fresh and reliable insights from massive sources, like financial reports, products, services, key hires, press releases, and the latest news articles.

> Company researchers need a 360° view.

Our client, a Large Multinational Investment Banking company, ranked in the Fortune 500 list of largest US corporations by total revenue, creates company profiles to monitor 100s of companies in their portfolio.

![Cat](stock-exchange-data-illustration_23-2148588124.jpg)

Creating a new company profile, even those with limited data points required custom extraction techniques (scripts) and consolidation activities. This laborious process took 24 hours, for each company profile.

There are times that the data received through this process of company profile research was delivered late. As a result, by the time it was made available, it had lost its relevance due to the critical nature of the process.

> The time spent manually extracting information meant lost investment opportunities.

Capturing hard-to-acquire alternative datasets was a dire need to gain a competitive edge. The issues, such as site-blocking and custom-scripts development, required constant maintenance.

More time was spent on bug-reporting and manual data collection than doing the actual research and analysis because of these challenges.

As a result, researchers missed critical insights that translated into missed profits and loss.

![Cat](bankruptcy-concept-with-people-graph_23-2148489221.jpg)

Script-based data gathering was fragile and often failed to handle the complex webpages. It limited the depth of research and supplied unreliable data.

Botminds, with its No-Code Competitive Monitoring Solution, created the possibility for our client to develop intelligent one-time website configuration with simple point and clicks. Once past the initial configuration, Botminds AI platform was set up to repeatedly extract the data points from the source.

![Cat](image-8-1024x407.png)

With the Botminds AI platform, the client was set up to reach any hard-to-acquire web pages and extract data with human-like intelligence, without getting blocked.

Botminds captured data from websites with human-like navigation avoiding getting blocked. Capturing alternative data became hassle-free, and as a result, offered a substantial competitive advantage.

![Cat](image-9-1024x414.png)

Botminds built a repeatable process for creating a singular company profile based on more than 250 data points spread across the web, as against 85 data points.

The new process takes only 8 hours as against 24 hours under the manual process, reducing the company-research profile creation time by 70%

[Download the full case study here.](http://google.com)


Walkthrough on how our client has simplified company research process with Botminds IPA

Case Study – Reduction in company-research profile creation time by 70%.


No investment research is complete without reading annual reports.

Many investment firms are chasing a vicious cycle in automating data extraction from annual

> Problem #1 is complexity.

Annual reports come in 1000s of templates. These templates vary in structural aspects such as design, layout, and text formats, and they may contain highly complex inter-dependent tables.

![Cat](6_steps.png)

The technologies such as RPA or OCR fail miserably to extract the vital data confined in these long complex documents, requiring human-like comprehension.

Automation without contextual understanding generates inaccuracy and inefficiency. Even a minor error might lead to a business loss or wrong investment call.

No matter how many rules are applied, they fail to augment humans in capturing data based on the context. Annual reports vary and for a rule-based process to work, they should either stay consistent in their format or change by a pre-determined amount.

Let’s go ahead and see how Botminds can help you to solve those challenges and extract data from those complex annual reports in a few minutes.

### Step 1: Upload – Estimated time – 2 mins

Upload the Annual Reports in the Botminds platform from which you would like to extract the information. The source of documents could be cloud storage, local disk, web, or even directly from the SEC.

[![Sample](<http://(www.youtube.com/watch?v=eRc-rwEPaB0)img.youtube.com/vi/eRc-rwEPaB0/0.jpg>)](http://www.youtube.com/watch?v=eRc-rwEPaB0 'https://www.youtube.com/watch?v=eRc-rwEPaB0/0.jpg')

### Step 2: Taxonomy definition – 5 mins

Define the data points that you want Botminds to read and understand and also arrange them a structure that you would like to see the final output. We call them “taxonomy”.

The taxonomy can also have multiple level hierarchical structures.
For example, you can build a hierarchial taxonomy like
Financial Information –> Income Statement –> Sales.

[![Sample](<http://(www.youtube.com/watch?v=bbq1sYbhbCU)img.youtube.com/vi/bbq1sYbhbCU/0.jpg>)](http://www.youtube.com/watch?v=bbq1sYbhbCU 'https://www.youtube.com/watch?v=bbq1sYbhbCU/0.jpg')

### Step 3: Training – 120 mins

For the document uploaded, using the generated taxonomy, start annotating the values just by point and click. Replicate the same old manual reading and understanding of annual reports but within Botminds.

Every activity made inside our platform is captured by Botminds as a “learning”.

[![Sample](<http://(www.youtube.com/watch?v=6e5KYctJlO4)img.youtube.com/vi/6e5KYctJlO4/0.jpg>)](http://www.youtube.com/watch?v=6e5KYctJlO4 'https://www.youtube.com/watch?v=6e5KYctJlO4/0.jpg')

Upload 100 more annual reports and repeat the annotation using our intuitive UI. To save time, add more business users as annotators from your team.

### Step 4: AI Model Generation – 5 mins

Now, the training phase has been completed successfully. The next step is to create an AI model that comprises all of your training data. An AI model is the critical component that mimics the human-intelligence. The effectiveness of an AI model is determined by the quality of training.

A high-quality training by an SME usually scores 80% accuracy within the first few days. Iteratively, the model gets improved day by day and reaches almost 100% accuracy in no time.

Unlike any other automation solutions, creating an AI model requires no coding in Botminds. All you need is a single click to stitch the humungous training data into an AI model.

[![Sample](<http://(www.youtube.com/watch?v=NlLIY_q-nWA)img.youtube.com/vi/NlLIY_q-nWA/0.jpg>)](http://www.youtube.com/watch?v=NlLIY_q-nWA 'https://www.youtube.com/watch?v=NlLIY_q-nWA/0.jpg')

### Step 5: AI Model in action – 2 mins

Once the model generation is over, it’s time to see the Botminds in action by uploading a new annual report. Once you upload a new annual report, like magic, Botminds will have all the essential data extracted as a summary without losing the context.

All the values extracted are deep-linked with the source. The moment an extracted value gets clicked, it leads us to the exact location of the source for a side by side quick validation.

The business user can simply approve, or correct the values(in case of errors) which again turns into learning through feedback.

[![Sample](<http://(www.youtube.com/watch?v=Zpeh3NiE7sQ)img.youtube.com/vi/Zpeh3NiE7sQ/0.jpg>)](http://www.youtube.com/watch?v=Zpeh3NiE7sQ 'https://www.youtube.com/watch?v=Zpeh3NiE7sQ/0.jpg')

### Step 6: Export – 1 min

Finally, the processed documents could be exported into a PDF(Excel or any other formats) along with deep-link. Anytime, the output document can be put for an easy cross-verification.

[![Sample](<http://(www.youtube.com/watch?v=cIlGo89eKAo)img.youtube.com/vi/cIlGo89eKAo/0.jpg>)](http://www.youtube.com/watch?v=cIlGo89eKAo 'https://www.youtube.com/watch?v=cIlGo89eKAo/0.jpg')

Botminds AI platform uses ML & NLP to extract context and data from Annual Reports, just like a human would, but 10x faster.

> Complex tables and inconsistent document layouts are no hurdle to Botminds

With a context-aware platform, set up an end-to-end automation pipeline of Annual Reports in a few hours and make investment recommendations with highly reliable data.

Botminds helps you accelerate your business decisions – save money, increase revenue, and drive up business innovation.


Let’s see how botminds helped organisations to extract complex data from annual reports

6 steps to build an automated annual report data extraction process


![stock-exchange](tender-risk.png)

## Tender Risk Analysis Process Automation

### INTRO

The Client is a EPC Company, part of a Multinational Conglomerate, with
presence in over 30 countries.

In addition, the client has a long history of servicing businesses and governments in varied domains. Their domain expertise spans across different industries- Hydrocarbon, Power, Oil, Gas, Defense, Ship building, and so on –
and has a huge economic impact around the world. The company has to analyze tender documents, especially risk clauses, to identify the right projects to bid on. Tenders are voluminous and can be thousands of pages long. Responding to such tenders in a timely and accurate
manner is a labor-intensive effort.

### PROBLEM

Subjective risk analysis - Many of the risk analysis mistakes were associated with negligence, misrepresentation, and fraud. Studies showed that frequent mistakes were also made in calculation, clerical errors, wrong assumption, and document errors.

Being blind to hidden risks - The customer was approaching bids with false confidence without realizing the landmine of underlying hidden risks that were
never uncovered. This was leading to disappointment as they mistakenly omitted real risks that influence the contract value and lead to failure in
execution.

### PAIN POINTS

- The tender analysis team was spending valuable manual hours reading, understanding, and extracting information from tender documents. Despite their expertise, the enormity of the task kept the team busy with redundant reading
  tasks and left very little time for the actual task of responding to the tenders. On an average, the team spent 10 to 15 days on analyzing a single tender
  document.

- In addition to the paucity of time, the margin of error associated with manual tender analysis was very high. Information provided in tenders is dense, scattered, and at times even foot notes had crucial information. Given this,
  chances of missing out on finer details are high. For example, missing out on a clause like Liquidated Damages and Termination can result in huge losses.

80% time saved by automated risk evaluations

[Download full case study here.](blogAssets/Tender_Risk_Analysis_Casestudy_Botminds_New.pdf)


Case Study - How a Construction Conglomerate revolutionized Tender Risk Analysis


![stock-exchange](claims.png)

## DIGITAL MAILROOM AUTOMATION AT SCALE

### INTRO

The client is a massive business process management company with its operations in U.S., U.K., India and Philippines.

They offer solutions for banking and financial services, customer services and healthcare operations to their clients including Fortune 500 companies.

### PROBLEM

One of the largest American Health Insurance companies receives a large volume of claim applications in varying formats from a wide range of channels. They approached our client to build process automation for classifying their claim applications.

Classifying and extracting data from nearly 50,000 claim communications each day was slow and expensive. Manual handling of these claims was taking up a lot of people time and leading to errors that were costing millions in penalties.

### PAIN POINTS

- Scanned images each comprised of 30+ claims were received through multiple interaction channels. These needed to be sorted across 200+ claim categories.

- The task of claim classification demanded in-depth reading and understanding of claims. Prior automation efforts lacking contextual awareness failed miserably.

- Manual sorting by 1000+ people was not scalable. More volume meant more people, leading to more errors and inefficiencies.

- Outsourcing highly sensitive individual health record data for automation was causing legal difficulties.

Make your mailroom process smarter and more scalable

[Download Full Casestudy](Mailroom_Automation_Casestudy_Botminds-min.pdf)


Classifying millions of incoming claims across hundreds of categories


![stock-exchange](lease.png)

## AI-POWERED LEASE ABSTRACTION

### INTRO

The client is a massive business process management company with its operations in the U.S., Canada and U.K.

They offer services in contract management, regulatory compliance, due diligence and knowledge management to their clients such as REITs, property developers, Telecom operators and law firms.

### PROBLEM

One of the largest multinational telecommunication companies, with networks in 60+ countries, was acquiring a telecom giant based in India to gain a strategic foothold in the Asian market.

They approached our client to abstract and review over 40,000 mobile tower leases within a short period of 30 days. It seemed impossible to comprehend the rights, obligations, duty and liability details from a stockpile of leases with a limited team of 500 team members. Each lease document had 700+ data points to be extracted from thousands of pages including series of amendments.

### PAIN POINTS

- Using an army of lease abstractors was inconsistent, leading to lack of standardized data across the portfolio.

- Undetected risk clauses hidden in the lease documents could turn into huge problems that could seriously hurt the business outcome.

- Multiple revisions needed to be managed systematically. Even the minutest clause corrections in the amendments needed to be noticed and properly aligned with all related documents.

- The variations in document format, layout and legal language made it challenging to use a mainstream automation system.

Botminds AI helped a Business Process Management company reduce the time taken for Lease Abstraction from 12 hours to 2 hours, from abstraction to integration, find efficiency and savings through it all.

[Download Full Casestudy](Lease_Abstraction_Casestudy_Botminds-min.pdf)


Automate lease abstraction with high accuracy at scale

Extracting critical clauses and data points from 40,000+ lease documents in 30 days

Botminds IPA for Finance & Accounts

Intelligent Process Automation solutions for enterprise finance & accounts functions

Eliminate the repetitive boring tasks and empower your skilled resources to do impactful high value work.

No need to reinvent the wheel, kick start your automation journey with tested solution templates. Save time & cost.

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Infuse AI and ransform your document heavy legal functions in weeks

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Legal & Compliance

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Intelligent Process Automation solutions for enterprise Research & Analysis functions

Empower your research teams with Botminds AI and enable them to hunt the black swans more methodologically.

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Make AI to work for you in identifying the risks, transform your governance process for AI era

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Automate your top line impacting business processes in weeks with Botminds IPA

Leverage Botminds AI base models trained from massive datasets and state of the art Deep Learning algorithms

Customize in hours, with simple point & click activities, to create your domain and your document specific solutions

Easy to provide feedback with extracted values always linked to source document. Life long learning & quality improvement

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