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How Automation Improves Loan Processing Speed

In Document Automation, OCR Software, OCR Verification and Confidence, PDF Optimize by AdminMarch 14, 2017Leave a Comment

Processing a loan application involves sifting through hundreds of pages and understanding many different mortgage document types.  With an increasing real-time service expectation from borrowers, an organization who can analyze complex loan packets more rapidly stands to gain a competitive …

Term of the Month

OCR
Optical Character Recognition

(n.) A process for recognizing text on a printed piece of paper and converting it to a machine-editable and searchable format.
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