Introduction to
Instabase
Only 20% of
documents are
structured
Source: Forbes
Unstructured
Structured
Fixed Templates
Low Variability
High Variability
Natural Language
e.g. Tax Forms
e.g. Financial Accounts
e.g. California Driver’s License
e.g. Emails
Structured
Unstructured
Retail Banking
Global Bank Statements
Global Passports & IDs
Proof of Address
Investment Portfolio Statements
Business & Commercial Banking
Financial Statements
Bill of Lading
Certificate of Incorporation
Shipping Bill
SWIFT Message
Commercial Invoice
Investment Banking
Share Certificates
Board Resolutions
Customer Contracts
Standard Settlement Instructions
Broker Confirmations
Insurance
Claims Invoices
Supporting Documentation
Customer Evidence
Services
Resumes
Vendor Agreements
Instabase has solved this complex data
problem by reinventing what computers can
automatically understand
Understand highly-
variable documents
Build end-to-end
solutions to specific
problems
● Powerful building blocks
● Rapid development
● No templates, brittle rules
or generic models
● Manipulate Documents
(digitize, clean-up, classify,
validate and split-up)
● Extend Solutions (custom
functions, human review,
external data)
● On-premise and
private cloud
● Fully isolated deployments
● Go-live in weeks
Deploy and scale
enterprise wide
Instabase Value Add
Find Name
Find Address
Find Date
Find Invoice #
Find Table Headers
Find Transactions
Find Penmarks
Digitize
Classify
Split Up
Understand
Validate
Review
Custom
Instabase helps with end to end workflow
Internal Apps
Global Apps
Medical Invoices
Processes documents submitted by
hospitals and care providers to outline
the associated costs in delivering care.
Open
Try
Credit Memo
Processes bank credit memos
submitted by Commercial Customers.
Open
Try
Change of Address
Processes change of address forms
submitted by prospective customers as
part of onboarding for relevant products.
Open
Try
Account Mandates
Processes account mandate
documents indicating which directors
have authority on an account.
Open
Try
Bank Statements
Extracts income data from bank
statements issued from
institutions worldwide.
Open
Try
Paystubs
Processes payroll information from
Paystubs issued in the United States.
Open
Try
Passports
Processes passport documents issued
by governments globally.
Open
Try
Driver’s License
Extracts identity information from
identity cards issued globally.
Open
Try
Checks
Processes documents submitted by
hospitals and care providers to outline
the associated costs in delivering care.
Open
Try
Resumes
Processes technical resumes to
understand skills, experience and
education.
Open
Try
Personal Tax Forms
Processes Form W-2, W4, W-9, and
1040 with associated schedules.
Open
Try
Car Title
Processes Car Title documents to
understand make, model and vehicle
registration number.
Open
Try
Financial Spreading
Processes financial statements to
understand Balance Sheet, Income
Statement and Cash Flow Statement.
Open
Try
Instabase Applications Out of the Box
Validate
Digitize
Classify
Split Up
Understand
Review
Custom
API
Medical Claims
Process invoices from medical providers.
Open
Try
API
API
Days
to configure
new solutions
Avoid
lengthy model
training
Read
from any
format
Integrate
with open
APIs
On-Premise
deployment
Im pact:
$4.8m
savings over the
next three years
470
different document
types
1.4M
pages processed
every month
6 month
return on investment
through a single use case
Use Case: Mortgages
Top 3 Global Bank
Goal:
Automate the understanding of the huge variety of
documents customers submitted as part of a
mortgage application, reducing costs and improving
customer experiences.
Toolkits
Marketplace
Bank Statements
Paystubs
Personal Tax Forms
and many others!
Student Loans
Utility Bill
Agent Confirmation
Impact:
85%
of consumer income
documents automatically
digitized and understood.
$8m
of operational savings
unlocked for every 500k
documents processed.
>1m
of documents processed
using Instabase at scale.
2%
increase in conversion rate
through online loan portal,
attributed to being able to
serve customers faster.
Toolkits
Marketplace
Bank Statements
Paystubs
Personal Tax Forms
Goal:
Automate the classification, extraction and validation of
income and identity documents in order to increase
conversion and reduce manual overheads.
Use Case: Consumer Lending
Top 3 US Bank
Appendix
Instabase Product Taxonomy
Platform
Filesystem Deployment Scaling Control Integration
Flexible File
Storage Integration
On-Prem or in
Private Cloud
Auto-Scaling on
Kubernetes
Enterprise Security
& Access Controls
Flexible REST
APIs
Developer Exchange
Classification
Packages
Doc Splitting
Packages
Global
Passport
Cheques
Bank
Statements
Commercial
Invoices
Marketplace
Business Apps
Diff
Toolkits
Redact
Digitize
Review
Extract
Flow
Sheet
Classify
Medical Claims
MetLife Insurance
Goal:
Automate the digitization, extraction and validation of
invoice data and feed it directly into their workflow tool to
provide time back to the business.
Toolkits
Marketplace
Im pact:
100%
of claims invoices
successfully classified by
type upon receipt.
78%
of fields automatically
extracted across long-tail
homecare claims.
2 Days
new Average Handling
Time vs previous 10 Days.
5 Weeks
to configure working
prototype on their data set.
Agency Invoices
Care Home Invoices
Trade Finance
Standard Chartered
Goal:
Automatically classify and understand Letter of
Credit information in SWIFT MT700 messages,
process and understand supporting documents such
as Bill of Ladings, Bill of Exchange, Commercial
Invoices and Airway Bills.
Im pact:
90%+
of fields successfully
extracted across client
population.
5 FTE
saved on average for
each client relationship.
10 secs
to process checklist
vs 45 mins
Toolkits
Marketplace
SWIFT Message
Bill of Lading
Bill of Exchange
Commercial Invoice
Airway Bill
Im pact:
500 hrs
saved per month for each of 25 countries live today
60%
reduction in onboarding time for clients.
25
different types of highly variable documents
automatically understood
Toolkits
Marketplace
Goal:
Automate the classification, extraction and validation of
identity and ownership documents to facilitate faster
Client Onboarding across Institutional Banking.
Client Onboarding
Standard Chartered
Passports
Share Certificates
Corporate Tax Forms
Financial Statements
Im pact:
500
Errors eliminated
40 FTE
40 FTE freed up to focus on higher value projects
96%
automatically classify 96% of incoming documents
Toolkits
Marketplace
Goal:
Automate the classification, extraction and validation of
identity and ownership documents to facilitate faster
Client Onboarding across Institutional Banking.
Mailroom Automation
MetLife Insurance
Medical History Form
Healthcare Forms
Fax Cover Sheet
Group CIO, Standard Chartered:
“[We]…saw tremendous potential in
how Instabase...could automate
highly manual operations across the
bank, from client due diligence, to
Retail Bank statements, to vendor
invoice processing”
AVP of Digital Automation,
Top 3 US Insurer:
“It made it a no brainer.”
● Assessed against 6 traditional
vendors in comprehensive bake-off
● Instabase achieved over 2.5x the
second closest vendor on accuracy
