DocVu.AI classifies every mortgage document the moment it lands, recognizing 2,000+ document types to enable underwriting without sorting mail.
Published
Signal category
Products & Services
Quote
“DocVu.AI classifies every mortgage document the moment it lands, recognizing 2,000+ document types”
— DocVu.AI team
Company
DocVu.AI
DocVu.AI is an intelligent document processing platform leveraging AI/ML.
- Industry
- IT Services and IT Consulting
- Location
- Cranbury, US
- Company size
- 13 employees
DocVu.AI uses the power of AI and Machine learning to transform information on documents into data that machines can process. This transformation of data is for structured, semi-structured, and unstructured data. DocVu.AI can process tables, long-form text, signatures, and handwriting into digital information. The success of DocVu.AI lies in its 1 - accuracy of data conversion of 99.5% 2 - fast turnaround time of 20 minutes per document 3 - powerful features specific to industry processes 4 - ability to integrate into complex application ecosystems of enterprises This combination of capability results in: - 1 - a quick implementation what a ramp-up to 100% capability on day 1 2 - easy adoption of DocVu.AI by exiting teams 3 - realization of benefits across the whole process 4 - reduction in the cost of operations by 34%, increase in quality of the process by 25%, and better utilization of human resources for more critical functions DocVu.AI is much more than an Intelligent document processing engine; DocVu.AI's in-build architectural flexibility enables DocVu.AI to address unique conditions of large and small enterprises. This inherent flexibility in the process, coupled with the range of data that DocVu.AI can process accurately, has made DocVu.AI the number one choice for over 50 banks in the US.