Reported impact
Business outcome
Xlrt helped the bank cut a process from 15 days to 3, surfaced $17.75 million in delayed obligations, and improved forecasting and procurement analysis efficiency across a global operation.
- Cost Reduction
- Productivity Improvement
- Risk Reduction
Solution
Xlrt built its ContractUS intelligent document-processing platform on MongoDB so it could analyze unstructured procurement and finance documents for banks without forcing customers into one deployment model. The company uses MongoDB Enterprise Advanced for the bank's on-premises instance and MongoDB Atlas for customers that prefer managed cloud services. ContractUS ingests data feeds from five systems across seven countries, handles multiple currencies and languages, and stores purchase orders, invoices, credit notes, financial plans, and contract text in a document model that can support both transactional workflows and AI-driven analysis. API integrations connect the platform to existing systems without invasive rewrites, while the unified data layer supports cash-flow forecasting, tariff-clause detection, payable-aging analysis, and auditability. By grounding contract intelligence in one operational store, Xlrt helps financial teams move from fragmented manual review to faster decision support with lower risk of error.
Data flow
Feeds from procurement, finance, and contract systems flow through non-invasive APIs into ContractUS, where MongoDB stores documents and supporting records, AI analysis extracts clauses and obligations, and the resulting insights are used for forecasting, payable-aging reviews, and procurement monitoring.