Transforming Tax Data Document Extraction: From 4 Minutes to 5 Seconds with Bot-Led Automation.
Overview.
This case study outlines the challenges faced by a credit union in processing tax data documents and the subsequent implementation of bot-led automation by Coforge to drastically reduce processing time.
The client faced challenges including lengthy processing time for tax data document extraction, inefficient manual document handling processes and need for improved operational efficiency and reduced processing time.
Solution.
Coforge provided a comprehensive solution, including:
· Implementation of bot-led automation for tax data document extraction
· Integration of advanced document processing technologies
· Development of custom bots for rapid and accurate data extraction
· Streamlining of document handling processes for significant time savings
The Impact.
The impact of Coforge's solution is summarized as follows:
