Case Studies
Drastically reduced report creation time from 120 hours to 3 minutes
Problem
Manual data entry is extremely time-consuming, taking up to 120 hours per report, due to the immense volume of tabular data from bank statements.
Our Solution
Create calculations rules and NLP algorithms to automatically extract and format data into spreadsheets.
Integration with Amazon Textract
Custom NLP algorithms that identify correct values during extraction
Spreadsheet output with 100% match to manually-generated output including style/formatting
The Impact
Makai’s prototype reduced processing time by 95% with substantially increased accuracy. Our production-grade architecture was designed to run in 3 minutes.
Sector
Financial Services
Services