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ClearOne Advantage Clears Clients’ Debts With 93.69% Accurate Settlement Letter Processing
Discover how this debt management firm resolves bad debts for their clients 2x faster and saves over 3200 hours by automatically processing settlement letters.
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Impact Achieved
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“We wanted to streamline our credit auditing process and improve error rates. Docsumo helped our team lower the time spent manually extracting data and helped us reallocate the debt specialist’s efforts to better decision making.”
What You’ll Find in the eBook
2-Fold Challenges
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14 debt agents manually entering credit data from 9,000+ debt letters monthly into their CRM with a 20% risk of error
Building an in-house OCR tool only to realize it isn’t scalable enough and consumed significant IT team bandwidth
What They Achieved with Document AI
Extracting data from 10,000+ diverse debt settlement letters monthly, with 93.69% accuracy rate
Reducing letter processing time from 20 minutes per letter to 44 seconds
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How Docsumo Works
Read how ClearOne leveraged Docsumo to categorize debt letter variations from different creditors and simplify the workflow
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