Blackfin Tech Back to home

hypatos_transparent.png

cem_dilmegani_cco_uli_erxleben_ceo_he_zhang_vp_machine_learning.png
Sectors
Banktech
Location
Germany
Stage
Seed
Date
Sep. 2020
Status
Active

AI-based automation of backoffice processes

Hypatos has built a Natural Language Understanding engine that can read semi-structured documents (i.e.: invoices, receipts, medical prescriptions, payslips or bank statements among others). This approached serves as the basis of what is known today as Cognitive Robotic Process Automation, which enables the straight-through processing of these documents in various backoffice processes large companies. From accounts payable in any industry to mortgage loan issuance or insurance claims, many sectors are still burdened by error-prone manual work that state-of-the-art artificial intelligence powered by Hypatos is now able to automate.