LENDING

ACCOUNTS-PAYABLE

Top 10 Accounts Payable Automation Software in 2022

We've curated the list of top 10 AP automation software in the industry along with their pros, cons, and pricing. The list is in no particular order, and is collected with the intention to help you with your research.
Pankaj Tripathi
June 1, 2022
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8 min
read
RPA

All you need to know about the importance of RPA in mortgage loans

Read this blog to learn about significance, importance, & benefits of RPA in mortgage loans underwriting & servicing.
Pankaj Tripathi
April 6, 2022
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5 min
read
INTELLIGENT DOCUMENT PROCESSING

What is an IDP solution? - Why do you need one

Read this blog to learn about importance, significance, and benefits of IDP solutions for different businesses.
Pankaj Tripathi
April 6, 2022
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5 min
read

Get detailed automation stories & case studies to expand your process automation knowledge

Given the immense benefits it has to offer, more and more companies are inclined towards automating their accounts payable (AP) processes.
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IDP

IDP Financial Services - Uncomplicating, Accelerating and Streamlining your organization

Read this article to learn how different financial services are using IDP for document processing and how the roadmap looks like if you decide to go that way.
Pankaj Tripathi
March 4, 2022
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6 min
read
LENDING

An Overview of Mortgage Underwriting and Data Extraction

Read this blog to learn about ways to automate mortgage underwriting. In this blog, we discuss the workflow of mortgage underwriting and scope of its automation with an example of form 710.
Pankaj Tripathi
February 1, 2022
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8 min
read
OCR

How does OCR tax form processing work?

Read this blog to learn about how ocr technology is used to extract data from irs tax forms.
Pankaj Tripathi
December 20, 2021
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6 min
read
OCR

Making Digitization Easier for Lenders with OCR Check Scanner

Fast and accurate OCR check processing with Docsumo for improved customer satisfaction. Read this blog to learn more about OCR check scanner technology.
Pankaj Tripathi
November 23, 2021
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5 min
read
LENDING

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.
Pankaj Tripathi
September 13, 2021
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8 min
read
LENDING

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.
Pankaj Tripathi
September 13, 2021
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7 min
read
IDP

Benefits of Loan Processing Automation with Docsumo and How it Works

Definition of loan processing automation - steps involved in automated loan processing. Read this blog to learn about benefits of automating loan processing.
Pankaj Tripathi
July 21, 2021
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6 min
read
IDP

How to Choose a Bank Statement Analysis Software

Importance of bank statement analysis software in BFSI sector. Read this blog to learn the steps involved in selecting the right bank statement analysis software for your company.
Pankaj Tripathi
July 15, 2021
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5 min
read