Visionet’s DocuVu.AI awarded from IBS Intelligence for innovative and adaptable use of AI/ML

By Gaia Lamperti

IBS Intelligence has chosen DocVu.AI, an intelligent document processing product from premier IT company Visionet, as the ‘Most Innovative Use of AI /ML: Most Agile & Adaptable’ along with Celebrity Financial Inc.

The award was assigned on the occasion of IBSi’s prestigious Global FinTech Innovation Awards, this year in their third edition, whose winners were announced during a virtual ceremony last month. Over 191 participants in the Financial Technology space across 48 countries engaged with the competition.

Vaibhav Gupta, VP Products, received the award on behalf of Visionet’s DocVu.AI team and said: “We at Visionet are delighted to receive IBS Intelligence’s ‘Most Innovative Use of AI /ML – Most Agile & Adaptable’ award for our product. DocVu.AI. DocVu fuses OCR, computer vision and machine learning to bring together the benefits of human ingenuity and artificial intelligence; this enables businesses to stay ahead of costs and provide great customer experience.”

“Visionet’s DocVu.AI is a great example of the way advances in AI and machine learning may be leveraged to speed business processes, adapting to a wide range of applications, improving efficiency and data accuracy,” commented Robin Amlôt, Managing Editor of IBS Intelligence, who announced the victory. “It was a worthy winner!”

Visionet is renowned for winning business outcomes through its deep industry experience and a holistic view of business through technology. By combining digital strategy, customer-centric design, and advanced analytics, Visionet helps its clients create successful and adaptive businesses in banking, retail, insurance, distribution, and manufacturing.

A company recognized globally for its comprehensive portfolio of services, a solid commitment to sustainability and good corporate citizenship, Visionet has a dedicated workforce of over 7000, with its presence in ten countries across four continents.

One of its most acclaimed products, DocVu.Al boasts built-in architectural flexibility that enables to address unique conditions of large and small enterprises. This inherent flexibility to adapt to unique processes and applications, coupled with the range of data that DocVu.Al can process accurately, has made it the number one choice for over 25 banks and financial institutions in a wide range of functions.

The product brings cutting edge technology, deep experience in document processing and strong domain knowledge in mortgage, banking, and finance industry to provide solutions that address the complexities and stringent demands of banking and financial processes and increase operational efficiency in document centric processes.