How Avantis Cut Alexa Translations’ Document Analysis Time by 60%

Learn how Avantis helped Alexa Translations reduce document analysis time by 60%, enhancing efficiency and client service through AI-powered market intelligence tools

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Challenges

What was the problem?

Alexa Translations needed to produce high-quality translations of public and private company disclosure documents at an accelerated pace to deliver the highest quality results to their clients.. This required processing hundreds of documents, identifying patterns, and utilizing translation conventions effectively. However, several challenges hindered their workflow:

  • Reliability in research tools: Existing solutions did not provide consistent results.
  • Need for advanced filtering: They required precision in identifying relevant documents from specific companies that best reflected their clients’ individual profiles.
  • Need for training and support: As their processes evolved, they required occasional assistance that proved inadequate or unavailable for the tool they were using.
  • Bulk document conversion to text format: To streamline in-house analysis, they needed a scalable solution for text extraction.

The Avantis Solution

How did Avantis help?

Avantis tailored its solution to Alexa Translations' needs, providing expert training, best-in-class technical support, and custom feature development. By working closely with Alexa's team, Avantis optimized their workflow through a combination of advanced search capabilities, seamless text extraction, and hands-on support.

“Avantis' onboarding demo was the best I’ve attended in a long time. It was a perfect mix of competence and expertise, addressing the exact needs of our team while being highly engaging. I have referenced it multiple times since.”

Kathrin Botkin

Senior Vice President

Key Features Used

  • Language-Based Filtering: Allows searches to be refined to English, French, or bilingual documents.
  • Translation View Feature: Automatically displays translated filings side by side for easy comparison.
  • Full-Text Search Capabilities: Uncovers even the most obscure disclosures across SEDAR and SEC filings.
  • High-Touch Support: Dedicated support team offering continual guidance and troubleshooting.
  • Custom Feature Development: Avantis added a "launch document in new tab" feature based on Alexa’s feedback, reducing inefficiencies in their process.

"When our needs exceeded what our subscription initially offered, Avantis was incredibly flexible and consultative. They made a real effort to understand our challenges and went above and beyond to deliver solutions. Our Avantis subscription is more than just access to data—it’s having a dependable partner who helps us deliver the highest quality service to our translation clients.”

Efrosini Koltoykis

Director of Resources

Implementation Process

  • Flexible Collaboration: Off-the-beaten-path requests were met with curiosity and commitment to delivering optimal results.
  • Expert Consultations: Avantis engaged in in-depth discussions, consulting on best practices for document analysis.
  • Custom Format Adaptation: Avantis collaborated with Alexa to ensure that extracted text was formatted for seamless integration into their in-house tools.

Results & Impact

What was the outcome?

Through Avantis, Alexa Translations improved its document analysis process. This change cut down on manual research time. It also ensured high-quality translations. As a result, they could offer fast service to their clients, which is something Alexa values.

Key Results:

  • 60% Reduction in Manual Research Time: Text extraction and search capabilities streamlined the translation process.
  • Improved Workflow Efficiency: With Avantis handling the heavy lifting in terms of document identification and text extraction, Alexa's team could focus on high-value analysis and high-quality translation.
  • Seamless Integration: Custom features ensured a smooth workflow with Alexa’s internal tools.
  • Unmatched Responsiveness: Avantis’ team was always just an email or call away, ensuring timely assistance and continual support.

Why Avantis?

For translation professionals and organizations working with SEDAR and SEC filings, Avantis is the most feature-rich, intuitive market intelligence platform available. Beyond offering cutting-edge AI-powered research tools, Avantis prioritizes client success with hands-on support and custom solutions.

If you rely on translated documents or use SEDAR and SEC filings as part of your workflow, Avantis offers the most efficient, intelligent, and client-focused market intelligence tool in the industry.

Get Started for Free

Get Started Today

Ready to optimize your market research process?
Contact Avantis today for a personalized overview and free trial.