A new IDEA for document processing technology.

A new IDEA for document processing technology.

Intelligent Data Extraction and Automation LoanLogics IDEA™ OnDemand

Intelligent Data Extraction and Automation LoanLogics IDEA™ OnDemand

People powered doc processing
hindering loan production?

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 intelligent data extraction and highly trained machine learning now available as a self-service, doc processing digital assistant.

A decade of experience in data and document
processing reimagined for real-time workflows.

LoanLogics IDEA OnDemand builds off of the core capabilities present
in our well-established services solution to improve the speed, accuracy
and affordability of in-line document processing.

This turnkey, cloud-native digital assistant automates document
classification and data extraction in seconds, helping to speed
origination or other time-sensitive mortgage lending workflows.

480+

doc types
classified with adr

8000+

data elements
extracted with ade

Automated document recognition (ADR) and
automated data extraction (ADE) are central to the
system’s performance.

ADR powered by machine learning, can handle more document types,
both structured and unstructured, and document variations, delivering
greater accuracy for mortgage document classification. ADE uses textual
analysis, greatly expanding automated capabilities to extract over 8000
data elements from loan file documents.

Built as a cloud-native application, IDEA OnDemand
is highly scalable, responsive and secure.

In addition to the critical need for real-time document processing,
mortgage organizations have different requirements for document
delivery and post process data export. That’s why IDEA OnDemand
includes connections via standard API calls or through the system’s
intuitive, secure web interface.

After documents are uploaded for automated processing, completed
in just seconds, status and exception notifications guide users directly
to system identified discrepancies in real-time. Access to a pipeline
view of loans and an audit trail of user made changes keeps productivity on track.

Outputs delivered by IDEA OnDemand include individually classified
documents and related data elements. Export is 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.

Experience it for yourself in our Try Before You Buy Program .

With LoanLogics IDEA OnDemand automation, lenders
can now repurpose and even reduce the amount of
resources needed for document processing.

10+

years doc
processing experience

95%

data
accuracy*

* Accuracy achieved for many critical documents and data elements.

Want to Try IDEA OnDemand Before You Buy?

Proven Results.

LoanLogics IDEA OnDemand.

Right-size the amount of staff needed for in-line, real-time document processing.

Download now

Go Cloud-Native...
Make business easier
with the latest in
cloud computing.

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Your Data. Your Docs.
Your Decision.

Try LoanLogics IDEA OnDemand before you buy.

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