Traditional case assessment often hinges on slow manual data extraction. Manual data capture can also introduce costly errors into the dataset. Alternatively, traditional or outdated data extraction technologies consistently fail to accurately extract specific data in evidence documents for group action.
Meanwhile, quality-checking the captured data wastes time and resources better spent on high-value and client-focused tasks.
Evolution AI can seamlessly capture the data from evidence documents for group action, outputting it in the format of your choice. Instantaneous data extraction will speed up case examination processes and improve client communications.
AI is also a highly economical option, eliminating expensive errors and costing a negligible rate per page compared to employee time or outdated technology. Adding post processing rules to the technology can also accelerate due diligence.
In sum - AI-powered data extraction technology is the convenient, low-cost approach to evidence document extraction.
Our technology is fast becoming a core part of the digital transformation roadmap for leading law firmsWe’ve already automated data extraction for leading firms such as LitFin and Mishcon de Reya. Read our case studies here.
“Evolution AI are essential to our future growth ambitions”- Jakub Sokol, Financial Manager at LitFin
Bank statements
Financial statements (income statements, balance sheets, and statements of cash flows)
Tax returns
Invoices
Credit reports
Bank statements
Financial statements (income statements, balance sheets, and statements of cash flows)
Tax returns
Invoices
Credit reports
Highest level of data security (ISO 27001 COMPLIANT)
Translation between 40+ different languages
Specific functionality to handle units and currency for each extracted monetary value
Sophisticated date handling
Comprehensive QA workflow and audit log, tracking each data point to its source within a document
Post processing rules and accountancy calculations
