Hitachi Payment Services reconciled ATM operator payments without categorizing transactions by hand
Hitachi Payment Services, an Indian ATM and payments company, used Docsumo to read the bank statements its ATM operators sent each month, as PDFs or JPGs in many layouts.
An ATM operator's August bank statement, a three-page JPG scan with 164 transactions, read for the monthly reconciliation. Docsumo reads an opening balance of ₹3,48,215.40, total credits of ₹12,86,500.00, total debits of ₹11,92,380.75 and a closing balance of ₹4,42,334.65. The running balances add up and the reconciliation rules pass, the statement is ready to reconcile, and approved data goes to operator reconciliation by API.
Cash and digital payments across India.
Hitachi Payment Services is an Indian payments company, wholly owned by Hitachi, Ltd. It serves banks, fintechs and merchants, from managed ATMs and card machines to its own Hitachi Money Spot ATM network.
- ATM servicesBanksATM channels developed and managed for banks.
- Hitachi Money SpotWhite labelIts own ATMs under an RBI license, mostly in smaller towns.
- POS and merchant servicesMerchantsCard machines, payment gateway and merchant support.
- ATMs and cash recyclers managed
- 60,000
- white label ATMs deployed
- 10,200+
- transactions processed a day
- 10M+
Every operator payment waited on the statements.
Before Docsumo, the accounting team read every statement by hand.
- Bank statements from ATM operators
- PDFs and JPGs
- Many bank layouts
- Images as well as PDFs
- Labels that changed by bank
- Accounting time spent categorizing
- Monthly reconciliation
- ATM and POS operators paid
Any layout, PDF or JPG.
Docsumo is an intelligent document processing (IDP) platform.
- PDF or JPG
Images read like PDFs
Statements came in as PDFs or JPG images, and Docsumo read both.
- Many layouts
Any bank, one format
Docsumo found the complex labels on every template, whichever bank the statement came from.
- Reconciliation
Rows ready to reconcile
Each statement came out as labeled transactions, ready for the monthly reconciliation.
What changed at Hitachi Payment Services.
| Before Docsumo | With Docsumo | |
|---|---|---|
| Reading statements | By hand, one statement at a time | Read automatically, PDF or JPG |
| Bank layouts | Labels that changed from bank to bank | Every template read into one format |
| The accounting team's work | Categorizing every transaction before reconciling | Reconciling operator payments from data already read |
See how bank statement extraction and document AI for financial services work.
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