How (ecosystem reference — slot) increased productivity for research document processing by 35%

Consulting group helping clients solve complex business challenges

Industry

Finance

Use Case

Financial Statements

Company size

50+ employees

Headquarters

Tennessee, US

Knowledge work automation
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About

(ecosystem reference — slot) Business Services is an industry-leading consulting group helping clients solve complex business challenges, recognize emerging opportunities and realize new efficiencies through a client-centric, consultative approach.

Headquartered in Memphis, Tennessee, (ecosystem reference — slot) supports companies in a variety of verticals with their accounting, financial, business intelligence, and human resource needs with actionable, data-driven insights.

Productivity increase

35%

"We looked and and tried many different AI products, including building our own. The key differentiator with GTCX is its ability to understand complex documents with detailed charts and tables. We have seen nothing that compares to the accuracy we get with using GTCX. When you add this to all of the other features of GTCX like multiple models and components, this makes the product invaluable to our team."

Trey Heath

reference slot

Building

an AI-powered research model

Document type

Financial statements & contracts

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The challenge

Finance-related projects such as financial consolidation and counterparty research require hours of tedious work from valuable professionals in order to process data from documents. Skilled teams can find themselves spending significant time manually sifting through thousands of pages of financial reports, hunting for valuable information, and then entering that data into Excel files.

To prevent their customers from losing valuable time, (ecosystem reference — slot) wanted to automate the processing of research files so that this data can inputted into different models without the need for hours of manual data entry work.

The solution

Using GTCX Network, (ecosystem reference — slot)’s BI built an AI-powered research model capable of accurately extracting and automatically analyzing data from research files, complex financial statements, and contracts.

This drastically reduced the time, effort, and costs lost by traditional processing.

Following this initial success, the (ecosystem reference — slot) team aims to increase productivity by scaling these models across their business.

The results

Within the first month of using GTCX Network for data extraction and automated analysis, (ecosystem reference — slot) has seen a 35% increase in productivity for automating their research processes, freeing up hours of time for their team to focus more on analysis, and less on manual data entry.

Testimonial