FINANCIAL
SERVICES

Accelerate decision-making, minimize data errors, and eliminate manual processing. 
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Applica’s financial customers have seen

90%

Automation
The majority of documents required zero human review.

90%

Accuracy Level
Straight out of the box without refinement of models.

60%

Improved Efficiency
Team members are significantly more productive with Applica.

Learn which financial processes you can automate

Leverage Applica's solution to streamline legacy workflows while simultaneously mitigating human errors and optimizing resource utilization.
Mortgage Origination
Comprehend and extract information from nearly all document types involved in the mortgage life cycle–resulting in greater speed, scalability, and profitability.
Know Your Client (KYC)
Process your documents quicker, cheaper, and with more accuracy than human lawyers.
Debt Collection
Simplify clerical tasks and enable employees to focus their efforts on more demanding tasks and get deeper understanding of defaulters.
Invoice Processing
Comprehend a vast range of document types, regardless of formatting, language, or structural variability, for invoice processing that works in the real world.
Contract Management
Reimagine the contract management process—less time searching and more time acting on relevant information.
Customer Care
Extract and classify relevant content to speed up the response time to a customer request.
Your Use Case
Build custom-made models to automate all data from diverse documents, ranging from analyst reports to tax forms and virtually everything in between.

What makes Applica Different

Advanced Technology
Applica developed the only commercially available generative language model for business documents. 
Q&A Interface
Ask questions and get answers in natural language–no bounding boxes or data annotation required. 
Quicker Setup
Legacy automation tools take 1-2 weeks to complete model training; Applica does everything in just a few hours. 

Multiple industries supported

Browse other industries and learn how Applica’s solutions can automate manual task

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