Bank Statement Solution Framework

• Turn bank statements into electronic content
• Data validations provide more accurate, high-quality data
• Pre-built classification techniques.
• Intelligently capture data using pre-defined procedures for header and transaction data
• Pre-trained bank statements further expedite automation in classification and extraction routines.
• Any data that did not meet the validation requirements is routed to the designated user for manual confirmation or correction.
• Validated data are then exported into JSON format and can be leveraged by other systems and/or solutions as needed.  
• Flexible integration into existing or new TotalAgility systems / solutions
• Customized look & feel with configurable design elements.

• Reduce or eliminate manual data entry tasks allowing employees to focus on higher value-add activities
• Improve processing time by automating bank statement processing
• Built on established best practices from years of experience with Tungsten Software and its implementation
• Provides scalability and flexibility for customer specific add-ons, system integrations and process steps
• Minimize errors such as duplicate entries, typos etc., for higher quality data output, as such get higher data quality
• Derive greater insight and analytics from extracted bank statement data
• Increase operational efficiency and overall processing capacity
• Scanned and digitized payslips make it easier to share and consume the data
• Flexible integration into TotalAgility systems
• Accelerated implementation expedites the path to production to drive faster ROI

The Bank Statement Solution Framework is powered by the Tungsten Intelligent Automation software platform and is built on TotalAgility. It applies cognitive capture capabilities and artificial intelligence (AI). Bank statements may be ingested as per customer specific needs through any standard TotalAgility ingestion method such as APIs and connectors or any other multi-channel capture option. Any of the available out of the box integrations as well as process orchestration capabilities may be leveraged to further connect this framework with customer specific systems.