Contract.fit
Linkedin: contract.fit
Contract.fit allows companies to save time and money by automating cognitive tasks such as the classification, extraction, and validation of information from any documents. We structure unstructured data to deliver value to our clients.
Thanks to our innovative technology, we have achieved the following key results:
80% of document level automation
90% avg. reduction in review time
Less than 3 seconds in document processing time
Our solution consists of:
A Prediction Engine, fueled by Machine Learning and Artifical Intelligence.
A Rest API which receives a file and returns structured information.
A Web Portal to setup formats and workflows, and manually review the documents, when needed.
The typical use cases include:
Invoice and Accounts Payable Automation
Indexation of Incoming Communications (Email routing)
Automated Claims Handling and Reimbursement
Our self-learning algorithms allow our machine learning models to learn from examples and improve results over time. We are currently working with some of the largest financial institutions in the BENELUX region and expanding to the rest of the European Union.
The company has been certified with the ISO/IEC 27001 in information security and is fully compliant with the Regulation (EU) 2016/679 - GDPR. Our cloud services provide high availability, with enterprise grade SLAs ranging up to a 99,99% uptime, 24/7.
