Saris AI develops multi-turn AI negotiation agents that automate complex workflows in the finance sector, enabling organizations to reduce workflow costs by 37% and increase output by 2.4 times. Their technology integrates directly with existing systems to streamline processes such as collections, settlements, and back-office operations, delivering measurable financial benefits without the need for new software or extensive training.
Funding
Funding not disclosed
Founders
Product
Problem
Financial institutions face challenges in managing complex workflows such as collections, settlements, and back-office operations, leading to high operational costs and reduced output. These processes often require significant manual intervention, are prone to errors, and lack scalability.
Solution
Saris AI offers multi-turn AI negotiation agents designed to automate intricate workflows within the finance sector. Their technology integrates directly with existing systems to streamline processes like collections, settlements, and back-office tasks. By automating these complex workflows, Saris AI enables organizations to reduce operational costs and increase output without requiring new software or extensive training. The AI agents are designed to handle negotiations, settlements, and data interoperability, providing a future where precision and intelligence drive challenging tasks at a reduced cost.
Target Audience
Saris AI primarily targets banks, credit unions, and financial services companies seeking to reduce workflow costs and increase output through AI-driven automation.
Features
- AI-powered negotiation and settlement automation for collections, settlements, AR/AP, and UCC processes
- Back-office automation for loans, deposits, and services
- Data interoperability for seamless data extraction and ingestion into existing systems
- Handling of complex inquiries and verification, including hardships, admissions, and fraud verification
- Fully compliant with SOC2, PCI, FERPA, and HIPAA standards