izDOX.ai by bizAmica

What izDOX.ai by bizAmica does

izDOX.ai by bizAmica is an AI-driven document processing automation platform that helps banks and enterprises manage large volumes of unstructured, semi-structured, handwritten, and multi-lingual documents with speed and accuracy. The platform uses advanced AI to auto classify, extract, validate, and organize information from a wide range of document types, reducing repetitive manual work and providing clean, verified, ready-to-use data for existing systems. It is template-free, secured, and available as SaaS / Enterprise SaaS (On-premise). izDOX.ai also creates value in customer (Retail and Corporate) onboarding by automating classification, data extraction, and cross-checking of identity documents, handwritten forms, supporting financial documents, and KYC-related documents. The company also offers SMART BOTs for lead generation, customer support, and personalized transactions.

Products

• izDOX AI PlatformHyper-automation of documents using AI for secured processing from format variations, handwritten and multi-lingual documents for faster go no-go decision making. It transforms unstructured, semi-structured and structured digital and scanned PDFs, images with printed, handwritten data to meaningful information for quicker go no-go decisions with auto-verification and analysis. It's a template-free solution with higher accuracy, cloud agnostic and on-premise availability.
• izDOX APIsSecured and faster processing of various document types like trade finance documents, application forms, supporting documents, logistics documents like invoices, receipts, POs, Delivery Notes and more. These are REST APIs for document processing involving data extraction and/or verification, designed for fast performance, reliability, and security.
• SMART BOTsMulti-lingual, NLP enabled, voice enabled and secured conversational BOTs for lead generation, auto customer support and personalized transactions.
• izCHQAn AI-based solution for end-to-end automation of data extraction, verification, and validation for CTS Automation with a high-speed processing engine.
• izONBAn AI platform for customer onboarding that automates classification, data extraction, cross-verification, and identity validation to ensure accurate, consistent, and compliant customer onboarding from scanned or handwritten submissions. It includes features like discrepancy and risk identification, regulatory compliance enforcement, photo, stamp, and signature extraction and matching.

Key capabilities

• AI-driven document processing automation
• Auto classify documents
• Extract data from documents
• Validate extracted data
• Organize information from documents
• Template-free solution
• Secured platform
• SaaS / Enterprise SaaS (On-premise) availability
• Handles unstructured, semi-structured, and structured documents
• Processes handwritten and multi-lingual documents
• High-speed job processing engine
• AI models for document classification
• AI-powered data extraction and analysis (name, amount, dates, addresses, tables, signatures, photos)
• Cross-validation and business rule checks
• Risk and compliance evaluation
• Maker-checker workflow routing
• System integration and data delivery via APIs
• Human-like intelligence for information verification and analysis
• 24x7 auto document processing
• Handles format variations with high accuracy
• Auto learning to improve accuracy
• Complements with RPA
• Integration with Rules Engine, Internal & Third Party systems
• Downstream integration with systems like ERP, CRM, Workflow, RPA, Core System
• Data security and compliance
• Role-based access
• Protection of PII
• API integration with 3rd party systems
• Photo, stamp and signature extraction and matching
• Discrepancy and risk identification across documents
• Regulatory compliance enforcement through AI model and rules

Use cases

• Cognitive Document Processing
• Cheque Automation
• Document Scrutiny
• FASTag Issuance Automation
• Logistics AI Automation
• Retail Customer On-boarding Automation
• Corporate Customer On-boarding Automation
• Document Tampering Detection
• Trade Finance Ops Automation
• Claims Processing Automation
• FinTech operations
• Financial instruments processing
• Customer on-boarding (Retail, Corporate)
• Loan origination
• Insurance claim processing (application & supporting documents)
• Auto document verification before policy issuance
• Survey form processing
• KYC data extraction
• ID verification
• Accelerating document processing in Trade Finance
• Ensuring compliance in Trade Finance
• Reducing risk in Trade Finance
• CTS Automation (data extraction, verification, validation)
• Lead generation with conversational bots
• Auto customer support with conversational bots
• Personalized transactions with conversational bots
• Detecting onboarding document risks and discrepancies
• Automating data capture, verification, and decisions in customer onboarding
• Processing financial documents like Salary Slips/Certificate, Tax documents, Bank Statements
• Processing KYC documents
• Cross-verifying photos, names, addresses, and signatures across submitted documents
• Face-matching module for identity verification
• Signature matching for authenticity validation
• Automating data extraction and validation for NBFC customer onboarding

AI approach

izDOX.ai is an AI-driven document processing automation platform that uses advanced AI models (ML, DL, NLP, image processing) to auto classify, extract, validate, and organize information from various document types, including unstructured, semi-structured, handwritten, and multi-lingual documents. It features template-free solutions, cross-validation, business rule checks, risk and compliance evaluation, and auto-learning to improve accuracy.

Tech named: AI, ML, DL, NLP, Neural Networks, Image Processing, Cognitive Document Processing

Industries served

• Technology, Information and Internet
• Banking
• Insurance
• Financial Services
• Healthcare
• Logistics
• Public Sector Organizations

What it says sets it apart

• AI-driven platform for hyper-automation of documents
• Secured processing from format variations, handwritten and multi-lingual documents
• Faster go no-go decision making
• Template-free solution
• Higher accuracy
• Cloud agnostic and on-premise availability
• Minimizes human intervention (4x-20x productivity improvement)
• No-touch processing (Straight Through Processing)
• Faster decision making
• Operational cost savings
• Enhanced customer experience through real-time searchable information
• Simplified verification, compliance, and process audits
• Auto learning to improve accuracy further
• Ability to handle large format/layout variations
• Pay-as-you-go pricing model
• Deep technology and domain expertise
• Focus on data privacy and security
• Scalability for back office operations
• Cognitive document processing cuts down time by over 75%
• Empowering enterprises and teams to engage in decision making, not data processing