Description
🖼️ Tool Name:
Parcha
🔖 Tool Category:
AI-powered compliance automation platform; it falls under Governance & Compliance, AI Security, Business Docs Automation, و RPA & Task Automation.
✏️ What does this tool offer?
Parcha is an AI-driven compliance platform built for financial institutions and fintech companies.
It automates KYC, KYB, customer onboarding, and compliance workflows by combining LLMs with regulated process controls.
It ensures faster, safer, and more accurate compliance decisions without manual review overhead.
⭐ What does the tool actually deliver based on user experience?
• Automated KYC & KYB workflows
• Identity verification & document validation
• AML checks and sanctions screening
• Automated onboarding decisions
• Fraud detection & risk scoring
• Compliance-grade audit trails
• Intelligent document extraction & classification
• Communication automation for customer verification
• Dashboard for compliance teams
• Integration with CRMs, banking cores, & data providers
🤖 Does it include automation?
Yes — Parcha provides deep compliance automation:
• Auto-processing of IDs, licenses, and business documents
• Automated AML & sanctions screening
• Auto-generated compliance decisions
• Document extraction using LLMs
• Auto-escalation rules for high-risk cases
• Continuous monitoring of compliance workflows
• Auto-created audit logs and reporting
💰 Pricing Model:
Enterprise subscription (custom pricing)
🆓 Free Plan Details:
• No free plan
• Demo available
💳 Paid Plan Details:
• Full compliance automation suite
• KYC/KYB/AML workflows
• API integrations
• Enterprise security & audit features
• Dedicated support & SLAs
• Custom pricing per volume & workflow complexity
🧭 Access Method:
• Web Dashboard
• API & integration with fintech/banking systems
• Cloud-based SaaS platform
🔗 Experience Link: