Traditional (manual) underwriting processes often struggle to keep pace with the growing complexity of modern risk assessment, data collection, and policy management. 🧐 According to a McKinsey report, manual underwriting processes can increase operational costs by up to 40% and extend the underwriting cycle time by several days to weeks!Scaling traditional underwriting operations becomes…

PDFs are a great choice for viewing, sharing and preserving data - the perfect file format to lock in data. But extracting data from PDFs for further processing or data analysis can be extremely challenging. This is one of the main reasons that PDF documents are often converted to the CSV (Comma-Separated Values) format. It's…

Oracle NetSuite offers a powerful API for integrating and extending your business workflows, but working effectively with these APIs requires a solid understanding of how they function. In this guide we dive deep into the evolution of NetSuite's API offerings, the differences between NetSuite's SOAP and REST APIs, setting up API-based applications, and scaling your…

VIn today's complex financial landscape, businesses are drowning in a sea of bank statements. In 2022, a staggering 98.6% of Americans held transaction accounts, generating an unprecedented volume of financial data. For businesses processing thousands of bank statements daily—from insurance companies to financial institutions, bank statement processing presents a challenge and an even bigger…

Managing multiple lease agreements in the real estate world can be overwhelming. These documents are often lengthy—sometimes running over 100 pages—making it challenging to grasp the key points quickly. Not just that, they are filled with legal jargon and clauses requiring specialised knowledge, making manual data extraction time-consuming, error-prone and generally inefficient. That’s where lease…

Introduction In the world of AI, where data drives decisions, choosing the right tools can make or break your project. For Retrieval-Augmented Generation systems more commonly known as RAG systems, PDFs are a goldmine of information—if you can unlock their contents. But PDFs are tricky; they’re often packed with complex layouts, embedded images, and hard-to-extract…

Keeping track of receipts is an essential part of managing personal or business finances. But managing and organising receipts, especially physical/paper ones, can be a huge hassle: Imagine being stuck with a year's worth of physical receipts while trying to track personal expenses. Or imagine sorting through and categorising multiple employee expense reimbursement requests…

What are your bank statements telling you about your business?  They're not just lists of numbers — they're packed with valuable information about your company's financial health. Bank statement analysis helps you uncover this hidden data. It gives you a clear picture of your cash flow, spending patterns, and overall financial health. With this knowledge,…