AI-Powered Automation for Financial Services
Automating transaction processing with document categorization, capture, verification, and reconciliation.
In the financial services often sees a significant portion of resources consumed by manual data entry, detracting from essential customer-focused services. Itemize addresses this challenge head-on by offering a tailored solution that minimizes manual data entry and document review, thereby enabling firms to concentrate more on driving customer satisfaction and business growth.
Itemize transforms the efficiency of handling financial documents and data through a robust, secure, and scalable API solution, specifically designed for the needs of the financial services sector. It streamlines the processing of Accounts Payable (AP), Accounts Receivable (AR),and Wholesale Lockbox, making it an indispensable tool for financial institutions, investment firms, and insurance companies.
Streamline processes
Free up resources to focus on higher-value tasks by minimizing manual data entry work.
Accelerate turnaround
Turn around key documents faster and with a much higher level of accuracy.
Increase employee satisfaction
Automate repetitive tasks to strengthen workforce productivity and accuracy.
Use Cases
Accounts Payable
Accounts Receivable
Wholesale Lockbox
Categorize, sort, verify and match invoices with PO, take advantages of discounts, and mitigate risk/errors.
Streamline the AR process to automate highly manual tasks, improve employee engagement, and reduce risk.
Streamline capture from Invoices, Envelopes, and other documents with reliable, secure, and scalable automation.
G/L Accounting
Enterprise Content Management
KYC and Fraud
Dedicated inbox for each client. Capture, verify, and manage invoices and other payable documents.
Easy to use, store, manage, edit and share financial documents from one place. Reduce procure-to-pay processing time.
Stop high-risk transactions and identify hidden invoice risks. Real-time monitoring prevents potential fraud before it happens.
Features and Benefits
Rich data sets from invoices
Level One, Level Two, and line item details
Guaranteed accuracy from any invoice
Field-level SLAs for specific date fields
Automated reconciliation and verification
Eliminate unnecessary human intervention
Global market coverage
Automatic vendor data capture in major markets
Fast deployments
Restful APIs with rapid setups
Cloud-based redundancy
Always on, completely in the cloud
Enterprise-grade system
High-capacity, high-security built for enterprise scale
Five-star service
Chat, email, or call whenever you need a hand