Document Automation For
Financial Services
Speed up your lending decisions, managing risk and fraud with AI-driven document automation
Banks lose
+40%
of business due to lead time on KYC.
+90% of
KYC processes
still require humans to validate or correct the AI.
AI accuracy
of 80%,
90% or even higher does not impact loan lead time.
Why DocDigitizer?
3x Faster
KYC Processes
Combining machine learning with built-in human-in-the-loop validation and fraud control allows banks to reduce KYC processes from hours to a few minutes.
40% hours given
back to sales
DocDigitizer fully replaces any human oversight allowing returning back a significant number of hours that are now being cannibalized with low value added task and can be use for sales.
6x Faster to Deploy
vs Competition
Leveraging its pre-built trained models, training-on-the-fly and integration API you can avoid costly and complex setup processes deploying and days with (near) 100% accuracy from day 1.
Flexible Integration
Seamlessly integrate DocDigitizer with leading Intelligent Automation platforms, enhancing your workflow efficiency and data accuracy.
KYC Automation
DocDigitizer accelerates the verification and onboarding of customers while ensuring compliance with regulatory requirements.
Loan Processing
DocDigitizer improves efficiency, reduces manual effort, and enables faster decision-making in loan origination and underwriting.
Mortgages
DocDigitizer can assist in mortgage and loan servicing activities by automatically extracting and processing documents related to loan modifications, refinancing, payment histories, and borrower communications.
Account Opening
DocDigitizer facilitates the automation of account opening processes by extracting data from customer documents like application forms, identification proofs, and address verification.
Capabilities
Document Classification
DocDigitizer analyzes and classifies all types of documentation submitted by your applicants, including parseable PDFs, scans, and smartphone images.
Support to Any Layout
DocDigitizer can adapt and recognize different layouts, extracting relevant information accurately regardless of the document's structure or formatting, thereby providing robust support for documents with any layout.
Enterprise grade security
DocDigitizer prioritizes enterprise-grade security measures to safeguard sensitive data, ensuring robust data protection, encryption, access controls, and compliance with industry standards and regulations such as HIPPA and GDPR.
Data Quality SLA
DocDigitizer's data quality SLA ensures a high standard of accuracy and reliability in the extracted data from processed documents of +99% accuracy over any fields extracted.
Integration API
DocDigitizer offers a robust Integration API that enables seamless integration with existing systems, allowing for streamlined data exchange and workflow automation.
Fraud Control
DocDigitizer has the capability to intelligently extract and merge data from fields and tables that span across multiple pages within an invoice, ensuring accurate and complete data capture even in complex document layouts.
Overcome Traditional OCR Challenges
Our all-in-one Intelligent Document Processing (IDP) API delivers an instant time-to-value experience, offering a full data-as-a-service model that simplifies and streamlines your document management process such as you can overcome traditional OCR challenges.
Unpredictable Document Layouts
DocDigitizer provides support to any layout and different formats such as such as PDFs, scanned images, or even photographs. Our pre-built models and built-in training-on-the-fly make it possible to process any document and accurately extract relevant information always with +99% accuracy.
Process Lead Time
Even with advanced OCR/IDP tools the extracted data from the documents may require validation and review by human operators. This is the major source of costs and delays. With DocDigitizer built-in training on the fly we are able to deliver +99% accuracy near to realtime without the need to deploy your people for exception handling.
Fraud Detection
Fraudsters can exploit this lack of human scrutiny to slip through fraudulent applications or bypass security measures. DocDigitizer deploys advanced fraud checking methods augmented by human-in-the-loop when needed to reduce the risk of fraud in mission critical processes.