To minimize the resources, time, and costs required to extract key information from complex printed, graphical, and handwritten documents, a global banking institution partnered with Cognizant. Cognizant software helped develop an advanced generative AI-based key information extraction solution capable of accurately processing over twenty distinct document types. This powerful digital intervention successfully slashed average document processing times from thirty minutes down to thirty seconds while driving down costs per document significantly. Ultimately, Cognizant software empowered the financial enterprise to accelerate operational workflows, eliminate manual bottlenecks, and achieve a staggering ninety-eight percent increase in processing efficiency across its global network.

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