ScanEngine
Alphasys’ ScanEngine handles up to 89% of repetitive data entry for bank documents-efficiently, reliably, and cost-effectively.
ScanEngine
Alphasys’ ScanEngine automatically reads bank documents via OCR, identifies business transactions, and generates corresponding entries in the portfolio management system. Whether data is provided through an interface or only as PDF: once a document is available, it can be displayed directly alongside the transaction. This enables banks with or without interfaces to benefit from high automation, full traceability, and the ability to efficiently import even historical data.
What ScanEngine delivers
Automatically extract data from PDFs and generate structured information
Reliably integrate banks without interfaces
Trace transactions directly in the original PDF
The ScanEngine automatically extracts PDF statements from numerous banks into XML format for Netfolio. Separate interfaces for each bank are not required. This makes it possible to process tens of thousands of documents annually without additional staff. Errors are reduced, bank statements are easier to verify, and documents are archived in an audit-proof manner. When documents are available, the corresponding PDF is displayed directly alongside the transaction.
Standard documents such as securities trades, dividends, or fees are processed automatically by the ScanEngine with up to 97% accuracy. For new banks, around 75% of data is typically recognized-after brief fine-tuning, near-complete automation is also achievable.
Overall, up to 85% of document processing can be scaled, with only very complex transactions requiring manual intervention.
Contact
With ScanEngine, you digitalize your document processing and ensure traceability down to the original statement. Get in touch with us now to learn more.
