How qBotica Took The Pain Out of Pricing using GenAI and Automation for a Large Financial Services Company
Pricing for a Large Financial Services Company
Client Overview
From its small beginnings as a check printer more than a century ago, this financial services company has evolved to become a trusted payments and data leader. Today, its solutions connect millions of small businesses, thousands of financial institutions, and hundreds of the world’s leading brands with customers and their money.
Key Benefits and Results
900+
Complex legal documents analyzed
99%
Increase in time to value
800+
Hours saved on a single pricing use case
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Challenge
- Managing contractual obligations for pricing adjustments was cumbersome and time-consuming.
- Critical data was embedded in over 900 complex legal documents, including master service agreements, amendments, addendums, and statements of work.
- Manual extraction and analysis processes were inconsistent, unreliable, and required extensive labor, disrupting regular workflows.
Solution
- The Financial Services company partnered with qBotica, a Platinum Certified UiPath Partner, to leverage UiPath’s advanced AI capabilities.
- Implemented UiPath Document Understanding to extract, interpret, and process data from PDFs, images, handwriting, and scans.
- Utilized generative AI to quickly surface required data through simple prompts, avoiding extensive pre-training of models.
- Developed a proof of concept (PoC) demonstrating rapid and accurate data extraction, which was then scaled to full production.