The AI Budget Report for Credit Unions 2026-27

Process Complex Documents with Generative AI

Document AI classifies, extracts, and organizes data from structured and unstructured documents like loan applications, claims reports, policies, and more. It is an AI Agent trained on your schema to ensure accuracy.

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Multi-format document support

End-to-end integration

Tailor-built for your company’s workflows

Industry Recognition

Recognized and trusted by industry leaders in finance, insurance, and AI

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2025 Class

Cloud AI Accelerator 2025

Fintech 2024

Insurance & Wealth 2024

Finance & Insurance 2024

South Summit Future of Work 2024

AI Top 100 2024

NJFAST by Plug and Play 2024

AI That Processes Information

Unstructured AI

Extract, Transform, Load (ETL) layer to process complex, unstructured documents for RAG or GenAI applications.

Unstructured AI workflow

Document AI

Trained on your schema to extract, label, and organize data from loan applications, claims, PDF reports, and more.

Document AI workflow

Conversational AI

Database AI

Decision AI

Report AI

Document AI Reduces Manual Data Processing Work & Makes Your Team More Efficient

Manual data extraction from complex documents makes your employees slow, inefficient, and frustrated. Within finance and insurance, all workflows start with a large number of scattered documents.

40%

workers spend over a quarter of their work week manually processing data.

80%

amount of manual data entry work that can be automated in finance/insurance.

83%

workers who spend about 3 hours a day fixing manual data entry errors.

How Document AI Works

Tailored to Your Company’s Most Complex Documents

Document AI can extract, classify, and label multiple data formats from structured and unstructured documents, integrating with existing software stack to make your workflow smoother.

An illustration of a document workflow powered by AIAn illustration of a document workflow powered by AI
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Key Features

Data Extraction

Trained on your custom schema, letting you extract data automatically into your desired fields.

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Data Normalization

Normalize all data, gather insights, and make comparisons automatically.

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Document Classification

Classify documents according to any variable that matters, such as department, confidentiality level, or project.

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Zero Bounding Box Annotations

Quickly implement new document types without manual annotations, adapting to various layouts effortlessly.

Zero Bounding Box Annotations

JSON Output

Simplify API interactions and maintain nested hierarchies for seamless integration with downstream applications.

JSON Output

Pixel Coordinates

Provide precise spatial context for extracted text, enabling easier visual verification and layout-agnostic processing.

Pixel Coordinates

Flexible Schema

Easily customize fields to adapt to new document formats and changing requirements.

Flexible Schema

Security & Data Privacy First

Flexible deployment

AgentFlow runs as a managed platform with customer data separated by account; private cloud options can be evaluated and scoped separately.

Data security

Your data stays within your systems, ensuring user privacy and compliance with regulations, enhancing business security.

Enhanced protection

This setup safeguards your users, keeping your operations secure and compliant.

Security & Trust

Why Document AI

Complex workflows in finance and insurance involve a large volume of multi-format documents. Document AI is perfect for large-enterprises looking to make workflows more efficient and reduce manual work.

Multimodal Document Type Support

Extract and process data from PDFs, images, word documents, emails, spreadsheets, and more.

Flexible API

API setup that plugs into your software stack and document management systems. The API lives where your data does, so there’s minimal friction and zero manual data transfer.

End-to-end Workflow Automation Support

Besides Document AI, you can use Multimodal’s other AI Agents to automate your entire workflow regardless of its complexity or type.

Self-Learning

Continuously improve through human feedback, reducing errors and handling rare documents better over time.

Confidence Scores

Enable targeted manual review, increasing efficiency and overall accuracy.

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How Companies Save Time and Money With Multimodal

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application approval process

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100%

automation of contract cancelability determination

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automated decisioning

FORUM Credit Union Streamlines Loan Decisions with AgentFlow at 99% Accuracy

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FAQs

What type of documents can I process with Document AI?

Document AI can process 20+ different types of documents, including PDFs, images, word documents, emails, spreadsheets, JSON, HTML, CSV, TSV, Org Files, RST, XML, and more.

How much time does it take for you to build and deploy Document AI?

It takes us about 4-6 weeks to develop a pilot for your specific use case and about 3 months to develop a complete solution.

My company doesn’t allow SaaS products. Can I still use Document AI?

Absolutely. AgentFlow runs as a managed platform with customer data separated by account; private cloud options can be evaluated and scoped separately.

How will you use my data for training your models?

We will use your internal data to finetune Document AI, but we will not store it outside of your company’s data cloud or storage system. Our use of data abides by all data privacy regulations as well.