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A Guide to Automating Loan Document Data Extraction
With an automated data extraction solution, loan documents can automatically be processed end-to-end without any human errors and delays. Automation in loan document processing prevents downtimes, eliminates data redundancy, and allows companies to respond faster to client queries. By combining machine learning with deep learning and OCR, companies can eliminate huge costs, derive actionable insights, and streamline loan processing and approvals through efficient data extraction and analysis.
A Guide to Automating Mortgage Document Data Extraction
Mortgage lenders receive multiple identity and income verification documents along with different forms from loan applicants in a variety of formats and styles. Traditional OCR solutions fail to extract data from these semi-structured documents and that’s why more and more lenders are adopting intelligent document processing solutions. IDP solutions not only extract data correctly, they are able to validate extracted data against predefined rules in order to improve accuracy.
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Given the immense benefits it has to offer, more and more companies are inclined towards automating their accounts payable (AP) processes.
A Step-by-step Guide To Aadhaar Card Verification [KYC]
As an organization, if you're processing thousands of KYC documents a month, it's time to automate KYC identity verification. Read this guide to get an insight into automated Aadhar card verification process.
A Step-by-step Guide to PAN Card Verification [KYC]
As an organization, if you're processing thousands of KYC documents a month, it's time to automate KYC identity verification. Read this guide to get an insight into automated PAN card verification process.