Kinective Launches Intelligent Document Workflow for Banks and Credit Unions

AI-powered eSignatures automate document setup, reducing transaction creation and maintenance time by more than 50%

PHOENIX--(BUSINESS WIRE)--Kinective, the company delivering intelligent banking to over 4,300 banks and credit unions every day, has launched AI-powered document setup for Kinective Sign and SignPlus, the only eSignature solutions built exclusively for financial institutions. Documents and forms that once required manual field placement (tagging) before every signing session are now prepared automatically through Kinective’s intelligent Document Workflow technology.

"Kinective's intelligent banking platform sits between an institution's core and nearly every other system that touches an account holder or member," said Stephen Baker, CEO of Kinective. "Through the intentional use of AI in our platform to tackle manual, repetitive tasks, we've dramatically cut document setup time for eSignature transactions. This is a solid proof point of the value intelligent banking delivers to our clients."

Automated Document Set-Up: AI-Driven Document Prep for Signing and Archiving

Traditional eSignature platforms require a user or an administrator to manually place the name, signature and date fields, then repeat the process across each subsequent transaction. With Kinective’s Automated Document Set-Up, AI reads the document, recognizes its structure and content, and places the signature fields, party roles, checkboxes and index values on its own.

Forms that have historically taken staff up to 15 minutes to set up can now be prepared automatically in seconds. When an existing document changes, Kinective’s AI detection identifies the differences and proposes the updates, cutting document creation and annual maintenance time by more than 50%. Institutions now see fewer errors when compared to manual document setup processes, including misaligned or missing fields.

“The preparation work for a signing session is an unnecessary manual effort,” Baker added. “Kinective Data Intelligence and our connectivity capabilities remove tedious tasks from a user’s day-to-day operations. Every hour they don’t spend building eSignature transactions is an hour available for work that can grow the institution and deepen consumer relationships.”

Template Manager: A Redesigned Administrative Experience

Kinective has redesigned Template Manager, the interface where staff build and maintain the master document templates an institution sends for signature. The new experience guides users through each step in a single, modernized interface, including upload, defining parties and fields, and final reviews.

The enhanced process helps staff create templates that automate day-to-day document processing. Together, Automated Document Set-Up and the redesigned Template Manager reduce the effort required to launch document workflows across the institution.

Automated Document Set-Up and the redesigned Template Manager join other intelligent capabilities Kinective delivered to Sign and SignPlus clients earlier this year. The Kinective Sign Business Intelligence dashboard gives institutions a unified view of signing activity across the enterprise, including session statuses, signing patterns and channel usage trends. SignPlus Gateway moves signed webform data into the core after staff review and approval, ending the need to manually re-key information into multiple systems.

For more information about Kinective Sign and SignPlus, watch the company’s latest webinar, visit www.kinective.io or connect with the team via the contact information provided below.

About Kinective

Kinective is leading the way to intelligent banking. We enable financial institutions to compete, grow and thrive in a complex and rapidly evolving business environment. Only Kinective brings together modernized operations, enterprise connectivity and data activation in a single platform to generate insights and intelligence in the moment. This enables more personalized and relevant consumer experiences, smarter business decisions and greater operational efficiencies. More than 4,300 financial institutions nationwide—nearly one in every two—trust Kinective to help them leverage intelligent banking to better serve their communities. Learn more at https://www.kinective.io/.