Know-Your-Customer (KYC) Automation
Automate KYC processing and eliminate your workforce from monotonous workflows
Company Overview
800+ loan centres of a leading non-banking financial corporation (NBFC) saddled with heavy manual processing of KYC documents.
Business Challenges
Document collection agents are not reliable and hence sanity check of documents is a must.
Collecting the individual’s data from various KYC documents and compiling them into a single source is a cumbersome activity that needs to be automated.
Integrating with existing RPA systems is critical to leverage existing large investments in process automation.
The number of databases and sources to be tracked is a continuously growing, with its compliance process getting complex.
Botminds Solution
Botminds AI can read and understand KYC documents just like humans
Creating a report for all the entities is just a simple verification job with Botminds AI.
Customized reports of all your KYC documents are downloadable on a click.