It’s got to start somewhere and that’s with anywhere between 20 and several hundred documents that your team has to receive, organize, and then review. Whether the processes involve parsing through hundreds of residential loan documentation or they are in service of commercial lending document preparation and review, the processes are costly and error-prone.

The ability to automate intake alone can save your organization thousands of hours each year but that is only the starting point. The ability to review key customer data across documents to ensure accuracy is essential but also time-consuming and error-prone. Let Parascript’s pre-built document classification and data verification capabilities free your staff’s time to tend to the essential, high-value activities.

Key Processes Covered by Parascript

Document Intake & Verification
Automate identification of each submitted document and cross-check and verify key data.

Appraisal Review
Easily identify submitted appraisals and quickly parse the results to ensure data is compliant with the terms of the loan amount.

Titling Review
Ensure all required documentation exists and is signed and initialed by the correct borrowers.

Loan Securitization
Quickly parse key documentation to ensure that the loan parameters are compliant.