Intelligent document indexing categorizes documents based on your specifications
Automatically classify a limitless variety of documents and prepare them for analysis with intelligent document indexing.
- Map documents to your desired schema.
- Achieve outstanding accuracy with Human-in-the-Loop validation.
- Deliver turnkey efficiency without the need for pre-sorting documents.
- Provide borrowers with immediate feedback about gaps in documentation.
What types of documents can Ocrolus index?
Ocrolus’ document indexing software can index and process a variety of documents such as:
Bank statements
Paystubs
Tax documents
IDs
Mortgage forms
Invoices
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What is document indexing?
Document indexing is the process of organizing compiled documentation of a diverse range for categorization, analysis, and ease of searchability. This is an early and crucial component of the overall intelligent document processing function.
Why is automated document indexing important?
Document indexing is an essential function of the loan underwriting workflow to efficiently compile, analyze, and retrieve loan applicant documentation that is critical to the overall lending process. However, manual document indexing can be very time consuming and involves a significant amount of staffing. Automated document indexing software can digitize this process. It uses tags to identify specific documents. These tags usually pertain to a feature or features unique to each specific file.
Who can benefit from intelligent document indexing software?
Document indexing can be used to improve and digitize the overall lending process for:
Banks
Fintechs
Professional services
Accountants & auditors
Mortgage lenders
In a world where getting better returns is front and center for CEOs and CFOs of large financial institutions, Ocrolus is a surefire way to reduce costs, improve effectiveness, and create an immutable audit trail.”