A new IDEA in mortgage document processing technology
A new IDEA in mortgage document processing technology.
Intelligent Data Extraction and Automation IDEA® OnDemand
Intelligent Data Extraction and Automation IDEA® OnDemand
People powered doc processing
hindering mortgage workflows?Automate first.
Quickly scale & efficiently manage volume.
Manual document processing is expensive
and fluctuating loan volume makes it difficult to manage and staff resources.Automated productivity and cost reduction
are possible.Maximize accuracy and minimize human error.
Document processing errors can have
a downstream impact on the decisioning and salability of loans.True confidence with automated
accuracy is possible.Process documents in seconds.
Manual workflows create process
bottlenecks that degrade the borrower experience and slow origination.Automated document classification and
data extraction in seconds is possible.Show me a new IDEA.
The power of mortgage document processing software with intelligent data extraction and highly trained machine learning now available as a self-service, doc processing digital assistant.
The power of mortgage document processing software with intelligent data extraction and highly trained machine learning now available as a self-service, doc processing digital assistant.
A decade of experience in mortgage data and
document processing reimagined for real-time workflows.LoanLogics IDEA OnDemand builds off of the core capabilities present inservices solution to improve the speed, accuracy and affordability of in-line document processing.
our well-establishedThis turnkey, cloud-native digital assistant automates document classification and data extraction in seconds, helping to speed origination or other time-sensitive mortgage lending workflows.
10+
years doc
processing experience
97%
data
accuracy*
Automated document recognition (ADR) and
automated data extraction (ADE) are central to the system’s performance.Our ADR technology is powered by highly-trained machine learning,
which makes it possible for automation to handle more document types, both structured and unstructured, and document variations than other industry solutions. The system’s ADE programs use textual analysis, greatly expanding our automation capabilities, to extract over 8000 data elements from loan file documents. The overall result is greater speed, accuracy and ultimately lower costs for mortgage document processing workflows.660
doc types
classified with adr
10,314+
data elements
extracted with ade
Built as a cloud-native application, IDEA OnDemand
is highly scalable, responsive and secure.The system's scalability is first showcased at document upload. standard or through the system’s intuitive, secure web interface. API calls
Multi-document files or single documents can be uploaded viaAfter documents are uploaded for automated processing, completed in
just seconds, status and exception notifications guide users directly to system identified discrepancies to manage in real-time. Access to a searchable pipeline view of loans and an audit trail of user made changes keeps productivity on track.IDEA OnDemand delivers individually classified documents and related
data elements ready for export. Outputs are available in a variety of industry standard format options that can be imported into most mortgage systems, such as a lender’s POS, LOS or document management system.Perhaps the system’s best feature is its configurability. Set confidence
scores using the system’s default ranges, globally, by document and/or by data field. This allows clients to govern the data and documents important to their business, further improving processing speed. Client defined stacking order, document taxonomy and the ability to create and manage users is also configurable in IDEA OnDemand.Experience it for yourself in our Try Before You Buy Program .
With LoanLogics IDEA OnDemand technology, lenders
can now repurpose and even reduce the amount of resources needed for mortgage document processing.Learn about LoanLogics IDEA
OnDemand API
Get all the documentation and information needed to create your own workflow integrations using LoanLogics technology functionality.
It’s easy to get started...
Request to gain access here.
Want to Try IDEA OnDemand Before You Buy?
Proven Results.
See the latest in document
processing technology.
LoanLogics® IDEA™ OnDemand
presentation for HousingWire Demo Day.
Watch it
Go Cloud-Native...
Make business easier
with the latest in
cloud computing.