Inconsistent data points
Inconsistent data points between systems and underlying documentation.
Inconsistent format of source documentation.
Limited visibility to contract terms or document content.
Limited reporting that is derived from multiple sources and labor intensive to extract and organize.
Human error introduced through manual review and testing processes. Sample testing does not catch all compliance related errors.
Lack of organization
Lack of organization of identified exceptions leading to poor resolution times.
Data Sieve is a PwC proprietary platform for converting unstructured, semi-structured, and structured data into usable information. It can also classify, extract, validate, and analyze that data.
Data Sieve combines industry expertise with optical character recognition, machine learning, and natural language processing technologies to create an on-demand, end-to-end solution for extraction, compliance and classification of data. The platform is easily configurable to cover emerging uses and characteristics.
Data Sieve can be used to digitize thousands of contracts, automatically extract key terms and fields like invoice numbers or amounts, and validate completeness or correctness by customizable business rules (e.g. existence and validity of fields).
Robust rules engine that provides configured rulesets aligned with your operational approach and guidelines/interpretation
Structured, intuitive, and interactive UI
Flexible workflow that consolidates output from other tools you use, creating a single source of workflow management
Modern visualizations allow you to take action on previously inaccessible information or on reported exceptions
Scalable solution designed for volume and expansion of use cases on a single platform infrastructure
Option for PwC- or client-hosted via the cloud with PwC management access to monitor operations and deploy future platform enhancements
Explore these current examples of how our clients are using Data Sieve, or contact us to see if it's the right platform for your specific needs.