Chameleon Software is an intuitive, easy to use platform that automates data entry processes relating to financial information. Banks save time and money on entry-level resources and have the ability to track the financial health of the company, reporting, and covenant compliance.
Banks spend a lot of time manually processing data which slows down their response times such as the credit review process. Automating the data entry process in the absence of a common format for financial reports.
Zensoft’s team built a solution allowing banks to automate the document parsing process. Using Google Vision as an OCR solution, we built an algorithm that can recognize key data from the file, structure it, and write data to the database.
Zensoft supported Chameleon from ideation stage, building their MVP, and then through next stages of scaling their product using well-organized Scrum processes. Agile sprint priorities and deliverables were always clear for the team and client at all stages.
Zensoft also provided integration with such software as Salesforce and Sageworks, which allows banks to set up seamless integration with the software and migrate data by a click of a button.