Get on the path to no-touch mortgage approvals with Intelligent Document Processing

According to a recent McKinsey report, automating document processing with IDP has the potential to save organizations up to 90% in operational costs. Mortgage companies are transforming digitally and embracing AI to not only significantly curtail expenses, but also to accelerate the scale and speed at which they process mortgage applications.

When choosing an AI-powered intelligent document processing solution, what should you look for and what problems will it solve? Understanding this requires a good amount of research and that is why we created this detailed Executive Guide.

This comprehensive guide walks you through:

  •  The current challenges to offering a highly accurate, no-touch mortgage  approval process
  •  10 telltale signs of an effective IDP solution and pitfalls to avoid
  •  How IDP can help you cut costs, better scale your operations, and offer a  superior customer experience
  •  How a leading mortgage company was able to process applications 45% faster, with higher accuracy

Download this free Executive Guide today to get on the path for no-touch mortgage processing.

Frequently asked questions (FAQ's)

What does your pricing model look like?

We price based on the annual volume of pages and complexity of document type.  We can get you preliminary pricing once we outlined a solution.  Let's do this.

To know more, book a 15-min session with an IDP expert

How can I try Infrrd before I commit to a full deployment?

Sure.  The first step is to schedule a guided demo where you get to jump into the thick of it.  After you explore our solution you can try a proof of concept. When you're ready, you can deploy the system to one use case.  Then more use cases.  Then across your enterprise.

To know more, book a 15-min session with an IDP expert

How does your system integrate with others in my enterprise?

We play nice.  Our solutions are API-based.  Your documents are feed into the solution using APIs. And extracted data is sent out through APIs.  We use REST APIs.

To know more, book a 15-min session with an IDP expert

Does your solution run in the cloud or on premise?

Our solution is cloud-native but is also design for premise deployments.  Your choice on how you want to deploy it.

To know more, book a 15-min session with an IDP expert

Does Infrrd run on mobile or desktop device?

Glad you asked.  Our data extraction process runs on servers.  We have found performance and accuracy decline when running on a desktop or mobile device. (Remember Infrrd is running a powerful AI stack).

To know more, book a 15-min session with an IDP expert

Does your system work out of the box or does it require training?

Common documents and use cases work out of the box.  The cool thing is your solution will improve as the system learns from your documents upfront and over time.

To know more, book a 15-min session with an IDP expert

How does your solution handle corrections?

Did you know no system is 100% accurate all the time?  When extraction errors occur you want to correct them.  We provide a simple UI that your business analyst will use to make corrections.

To know more, book a 15-min session with an IDP expert

Does your solution work with handwriting?

Our solution excels at data extraction from handwriting.  We've got proprietary methods and techniques that do the trick.  It's pretty cool.  See for yourself.

To know more, book a 15-min session with an IDP expert

Ready to get started?

See our platform in action to experience the transformative efficiencies it can bring to your processes