Automating Non-Performing Loan Processing with AI

Client

WYS Law

Market

Italy

Industry

Legal

Challenge

Manually processing large collections of non-performing loans (NPLs) is time-consuming, error-prone, and labor-intensive.

How Dynius helped

Dynius developed an AI solution that automates document categorization and debt collection plan generation.

The solution

Dynius created an advanced AI solution that automates the processing of non-performing loans (NPLs). The system utilizes generative AI and Natural Language Processing (NLP) to optimize the entire workflow, from document categorization to strategy formulation.

Key features include:

• Extraction of structured information from unstructured data using NLP algorithms.
• Automated document categorization based on their content and keywords.
• Identification of missing appraisals or warranties within documents.
• Generation of debt collection plans based on the extracted information.

Reduced Manual Labor

Automation significantly decreased the workload for lawyers, allowing them to focus on higher-value tasks.

Increased Capacity

The provider can now process five times as many NPLs simultaneously, enhancing operational efficiency.

Improved Accuracy

AI-based data extraction has reduced errors and ensured consistent, reliable results.

Operational Efficiency

AI-based workflow has led to faster processing times and higher client satisfaction.

Takeaways

The AI solution has transformed NPL processing for the credit provider, achieving a 90% efficiency gain and boosting processing capacity by five times.