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Leveraging the Power of Automation to Achieve Operational Excellence
Our client from the title and escrow industry that needed an intelligent automation to process the mortgage documents. Visionet chose the state-of-the-art automation technology stack of UiPath and used machine learning for intelligent document understanding and improved the closing cycle efficiency by about 375%.
Challenges
The client discovered that, there was a dire need for intelligent automation that would make data management fast and easy. Human errors in verifying and adding data in Resware, the internal application that they use for managing the closing process which also classified documents with different variants.
Solution
Team Visionet chose the state-of-the-art automation technology stack including UiPath Automation Hub, Document Understanding, Action Center, Automation Cloud, and AI Center. The focus of this engagement was the data flow on the Resware Application. It is a web portal, in which, once the documents are extracted, the information is added to this application.
The impact
- 375% improvement in efficiency
- 30+ minutes of manual labor saved per file
- Intelligent document understanding
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