Infrrd

From Complex Data to Smarter Decisions: Simplify Your Document Processing Workflow with AI

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Description

Infrrd provides an advanced Intelligent Document Processing (IDP) platform designed to automate and simplify complex document workflows for businesses. Leveraging artificial intelligence, machine learning, and optical character recognition (OCR) technologies, the system accurately extracts data from diverse document types, including unstructured formats, and aims for no-touch processing. This enables organizations to significantly reduce manual intervention, minimize errors, and accelerate turnaround times for critical operations.

The platform offers tailored solutions for numerous industries such as mortgage, insurance, accounting, manufacturing, and construction. It addresses specific use cases including mortgage origination, claims processing, invoice management, and the analysis of engineering drawings. Infrrd focuses on empowering businesses to scale their operations efficiently, ensure robust compliance with industry standards, and improve overall operational effectiveness by transforming vast quantities of documents into actionable, structured data.

Key Features

Intelligent Data Processing (IDP): State-of-the-art document pre-processing, intelligent field detection, and high-accuracy data extraction.
No-Touch Processing: Fully automates document workflows, aiming for 100% accuracy without human intervention.
ML-OCR Technology: Utilizes advanced machine learning and optical character recognition for superior data extraction from various document qualities.
Versatile Data Extraction: Capable of extracting multi-format data from unstructured, semi-structured, and custom documents.
AI Agents: Offers solutions like Mortgage Automation Ally, an AI-powered agent pre-trained on industry processes for end-to-end automation.
Human-in-the-Loop (HITL) Capability: Provides an interface for human review and correction for documents that require it, ensuring the highest possible accuracy.
Flexible SLA Management: In-built tools for managing service-level agreements, with options ranging from under 15 minutes to 24 hours.
Easy API Integration: Facilitates seamless connection with existing business systems and workflows.
Multi-Language Support: Supports data extraction from documents in over 22 left-to-right languages.
Customized Reporting Dashboards: Delivers tailored dashboards for actionable insights and performance monitoring.

Use Cases

Mortgage Origination Automation
Mortgage Servicing Document Processing
Automated Audit & Quality Control (Pre-fund & Post-close QC)
Real-Estate Image Data Processing
Insurance Claims Processing Automation
Insurance Policy Tracking and Management
Automated Insurance Underwriting Support
Invoice and Accounts Payable (AP/AR) Automation
Automated Expense Management
Payroll Processing Document Handling
Bank Reconciliation Automation
Engineering Drawings Data Extraction and Analysis
Logistics and Supply Chain Document Automation (e.g., BoL, POs)
Automated Tax Document Processing
Customer Onboarding and KYC Document Verification

Frequently Asked Questions

What kind of documents can Infrrd process?

Infrrd can process over 1000 different document types, including unstructured and custom documents, across a wide variety of formats and industries.

How accurate is Infrrd's data extraction?

Infrrd aims for extremely high accuracy, reporting a 0.1% error rate and achieving better-than-human accuracy, particularly with its No-Touch Processing capabilities.

Does Infrrd support multiple languages?

Yes, Infrrd's platform supports data extraction from documents in over 22 left-to-right languages, facilitating global operations.

What is No-Touch Processing (NTP)?

No-Touch Processing is a feature of the Infrrd platform that allows documents to be read and processed entirely automatically with high accuracy, requiring no human intervention or manual corrections.

How does Infrrd's pricing work?

Infrrd offers performance-based pricing, meaning you only pay for the successful results you achieve. For specific pricing details and plans, you need to contact Infrrd for a quote.