Bank Statement Processing Automation [Complete Guide]
Process loans in the matter of minutes by automating bank statement data extraction. If you're actively trying to reduce document processing time for underwriting, this guide is for you. This guide takes you from the challenges involved in data extraction from different bank statement layouts to how Document AI is a solution!
This guide is for you....
If you’re trying to make the loan origination and approval a smooth experience for your customers. Or, you already know ’automation’ is the solution to reduce processing cost and turnaround time but not sure how to approach it. Or, you’ve the approach figured out too but not yet sure of a solution that fits your system!
Best in class for capturing data from financial documents
“We are using Docsumo’s APIs for automating data capture from bank statements and identity cards while on-boarding customers. It has reduced the time our operations team spends on data entry by manifolds while providing a much better customer experience.”
Prashanth Ranganathan
CEO, PayU Credit