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      Main
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      Accounting & Finance
      —A university automated the processing of contractual documents using OCR

      A university automated the processing of contractual documents using OCR

      Main
      —
      Processes
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      Accounting & Finance
      —A university automated the processing of contractual documents using OCR

      The robot performs the task 5 times faster. After using the system for 3 months, the results of quality and accuracy of detection equal to 96% were obtained.

      Company

      A university engaged in training specialists in social & economic and humanitarian areas, as well as in training and retraining of top managers.

      Challenge

      The university uses an electronic document registration system, and some documents get entered into the register without a stamp and signature. The absence of a stamp and signature on documents does not allow to determine the reliability of structured data in the registry and promptly obtain the necessary information on the content of the contract. Employees need to double-check documents to be sure that the archived contract documents are up-to-date.

      Task

      To free people from additional document checks, which take up a large amount of useful working time on the busiest days.

      Solution

      Integration of a PIX robot to recognize contracts for stamps and signatures:

      • The robot goes into the contract database and downloads a pdf file of the contract;
      • The robot sends the file for stamp detection using OCR;
      • The robot collects xml-files for parsing: it checks the obtained result on the basis of given rules;
      • At the end, the robot creates a final report which is sent to the functional customer.

      Results

      The time to complete the task was reduced from 5 minutes to 1 minute. The software robot serves as a tool to recognize contracts for stamps and signatures, replacing an employee in this process. A human is only involved in the verification if the robot has identified documents with a missing signature or stamp.

      Advantage of the robot

      The robot performs the task 5 times faster. After using the system for 3 months, the results of quality and accuracy of detection equal to 96% were obtained.

      Client opinion

      Project Manager: "For this project, we were looking for a partner who would be ready to offer a comprehensive solution using the most appropriate technologies, as well as meet the strict requirements for the launch date. PIX RPA successfully coped with the set tasks. As a result of the project, we received a system based on innovative technologies with the possibility of further scaling. We are now analyzing processes for optimization with the help of RPA technology, to which we plan to apply the implemented system. We would like to thank the NFP team, PIX Robotics partner, and recommend them as a reliable partner for integrating technology solutions".
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