Efficiently Automate Document Classification with AI & Machine Learning
Don’t Waste Time Naming and Sorting Documents—We’ve Got You Covered!
Rapidio’s automated document classification leverages advanced machine learning to analyze and categorize various types of documents, including PDFs, scans, and smartphone images. Our system provides structured, labeled, and indexed output, allowing you to quickly notify borrowers of any missing or incorrect documentation.
Step 1
Precise Document Classification with AI
Our machine learning model automatically classifies documents with exceptional accuracy. Whether it’s mortgage or loan paperwork, we ensure real-time, accurate categorization.
Step 2
Expert Validation for Maximum Accuracy
If a document’s classification isn’t fully confident, our team of specialists steps in to verify and correct it, ensuring even the most complex documents are accurately classified.
Step 3
Fully Structured and Indexed Output
In just minutes, Rapidio provides a fully structured and labeled set of documents, seamlessly routing each one to the next stage of your workflow, improving speed and productivity.
Frequently Asked Questions
What types of document classification does Rapidio support?
Our platform supports classification for both PDFs and image files. Rapidio can automatically identify and classify various document types such as tax forms, IDs, bank statements, pay stubs, and more.
How quickly can documents be classified?
Typically, the classification process takes between 2-10 minutes, depending on factors such as document quality, number of pages, and document complexity.
How does Rapidio use machine learning to classify documents?
Rapidio leverages advanced machine learning to automatically sort and categorize documents, even when they’re mixed. Our Document Classification feature gives you a summary of a loan file’s content or individual documents, helping ensure that all required forms are present. This also reduces the chances of errors due to misfiled documents when uploading.
How accurate is Rapidio’s Document Classification?
We blend state-of-the-art technology with human oversight to maintain high accuracy, empowering our clients with reliable data for crucial decision-making.