CoBot

MLO Index – DOC Splitter

Classifying and splitting documents

Bot Profile

Efficiency

Complexity

OCR & Robotic Process Automation

Technology

Outcomes

Velocity

Productivity

Cost to Close

Benefits

  • 50% reduction in processing time
  • 100% steps automated at the indexing stage

Tell me more

    Problem Statement

    Reviewing every document in a loan package is time consuming and prone to errors when done manually.

    Solution

    Digital employee classifies & splits the documents to allow for proper placement in their respective folders in the LOS.

    Tech Specs

    MLO Index – Doc Splitter is an OCR/ICR solution powered by Mquotient OCR and can be easily integrated with any Loan Origination System(LOS).

    Expertise

    • Classifying and splitting documents
    • Uploading documents into shared folder