From insurance claims to financial reports, many organizations rely on manual processes that are often slow, error-prone, and expensive to use.
With the evolution of Artificial Intelligence, companies across the world have developed ways to ease such processes.
Entrepreneur Jibril Kala was privy to this reality when he established his company Peslac.
His end goal was to help businesses to save time, reduce errors and work efficiently through intelligent document processing.
"Businesses in the insurance and financial markets are drowning in paperwork," says Kala.
"Peslac offers them a straightforward way to work smarter and free up time for more meaningful tasks."
Kala says Peslac uses AI to extract data and integrates seamlessly with the existing workflows.
Peslac uses artificial intelligence to automate repetitive
tasks like data extraction, document verification, and claims processing.
“With an accuracy rate of over 97%, Peslac offers companies a reliable and easy way to handle large volumes of documents while staying organized and efficient,” he said.
The start-up, domiciled in Nairobi, Kenya’s capital, is now gaining attention owing to its practical approach to solving the most persistent challenge in the insurance and financial industries which is paperwork
Kala says Peslac's impact goes beyond reducing paperwork.
He notes that by simplifying processes, the platform allows teams to focus on critical areas like customer service and strategy.
“For insurers, this means claims get processed faster, improving trust and satisfaction among policyholders and service providers. Financial firms, on the other hand, benefit from streamlined reporting and improved accuracy,” he explained.
Kala notes that some of the companies that have acquired the tools have been able to reduce a week-long workload to hours.
Though Peslac is proudly rooted in Kenya, he says its technology is solving problems shared by industries worldwide.
The system's flexibility allows it to be customized for diverse needs.
"Kenya has always been a space for creativity and problem-solving," notes tech analyst David Njoroge.
"Peslac is one of an excellent example of local innovation addressing real-world challenges."
Focused on Practical Solutions Peslac’s success is built not just on its technology but also on its ability to work closely with clients.
Kala says the secret is to ensure its solutions are easy to use, requiring minimal training while offering robust customer support.
"AI doesn’t have to be complicated," Kala explains. "
We aim to make it accessible and useful for businesses of all sizes."
With a youthful, tech-savvy population and increasing support for startups, Kenya is readying itself to compete on the global stage.
As Peslac expands its services and builds partnerships with major insurers and financial institutions, Kala says they seek to become a recognizable name in process automation.
“By simplifying document management and helping companies operate more effectively, we are proving that solutions don’t have to be flashy—they just have to work.”