Loans Processing Automation
Transform traditional slow, error-prone and cumbersome paper-laden loans processing and lending processes with an AI driven solution that completely automates and accelerates loans document processing. Experience end-to-end Loan processing automation with KlearStack’s AI-driven Intelligent document processing platform
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Cost Reduction
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Faster Turnaround
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Productivity Gains
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Man Hours Saved
Digital Transformation for Document Centric Loans and Lending Processes
Overcoming Existing Challenges of paper-laden cumbersome processes and risks of human errors with KlearStack AI. The KlearStack AI process:
Step 1
Pre-Processing
Machine learning algorithms scan and evaluate the quality of the document – detects bad quality, automatically enhances image quality or rejects poor quality documents if they cannot be enhanced.
Step 2
Document Classification
Intelligent Document Processing begins with classifying document types like Loan Documents, ID Cards, invoices, purchase orders, NACH mandate forms, insurance policies etc.
Step 3
Document Extraction
KlearStack’s Machine Learning models interprets and extracts specific fields, irrespective of the document formats and layouts. The ML models are continuously trained to understand the data extraction and interpretation.
Step 4
Document Validation
Confirm data items extracted by the system such as hand-written text, human signatures and map the extracted text to specific fields. User can configure any number of custom data validation conditions that mimic their business rules.
Step 5
Straight-Through-Processing
Straight-through-processing is achieved using a three-layered data validation technology, that also highlights documents that fail any validation checks.
Step 6
Out-of-the-box, and API Integrations
Data is seamlessly integrated with any downstream system – whether CRM, RPA platform, BPM software, accounting software, ERP or RPA system.
Digitize and Automate Critical Financial Document Processing