Leading banks use Parashift to read documents to speed up loan decisions.
When you simplify, automate and accelerate the financing and mortgage loan application process, you create an exceptional experience that builds customer loyalty. Automation not only saves you time and money but also helps your products and services stand out from the competition. Focus your employees’ time on value-added tasks rather than tedious manual data entry.
Lower costs to implement your use case & document requirements
A repository of standard solutions for document types and data points shortens the time frame of the large project.
Less effort per application for manual entry of customer documents
Through constant learning, more and more documents can be read with less effort.
Lower costs for operating business activities within the first year of operation
Banks achieve rapid payback through the simplification of the tech stack and performance of the solution.
Manual intervention in the processing of mortgage applications with a large number of different document types leads to:
Legacy OCR solutions are either focused on high-volume document automation or are niche players that only process very specific documents. The lack of flexibility to easily and cost-effectively add many different document types relevant to your financing and mortgage process results in a process that is still predominantly manual.
With over 75 bank-specific document types already pre-trained and immediately available, you can automate many different processes right from the start. New document types can also be added in the blink of an eye, unleashing unparalleled digitization potential:
With partners and subject matter experts in business engineering, infrastructure, compliance, and more, Parashift maximizes project success for customers.
Global trust with companies
Parashift helps you automate your structured and unstructured document processing. Simply and seamlessly. We integrate with your existing application landscape to add value to your business processes and reduce costs.
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