Intelligent Document Processing 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

AI That Processes Information

Unstructured AI

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

Document AI

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

Process

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Conversational AI

Database AI

Search

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Decision AI

Decision

Report AI

Create

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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.

Key Features

Data Extraction

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

Data Normalization

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

Document Classification

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

Data Management

Automatically sort and manage large volumes of documents and data.

Security & Data Privacy First

Flexible deployment

Our automation software is deployed on your infrastructure, either on your virtual private cloud (VPC) or on-premises.

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.

Why Your Enterprise Needs 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.

How We’ve Helped Our Clients Save Time and Money

Read More
20x faster
application approval process
Automating Mortgage Application Workflow With AI Agents
95%+
accuracy in data extraction
Automating Insurance Underwriting with Customized AI Solutions
100%
Automation of contract cancelability determination
Transforming Loan Underwriting with AI-Driven Contract Analysis
90%
Reduction in response time
Streamlining Mortgage Processing with Custom Gen AI Solutions
1 AI Agent
answering queries using natural language
Boosting Customer Satisfaction With Quick and Accurate Responses
20x faster
application approval process
Automating Mortgage Application Workflow With AI Agents
100%
Automation of contract cancelability determination
Transforming Loan Underwriting with AI-Driven Contract Analysis
90%+
Accuracy across a wide variety of transcript formats
Custom AI Solutions Deliver Fast and Reliable Data Extraction for Student Loans

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. Document AI is unlike traditional SaaS products because your data does not leave your walls. We build and deploy it on-premises or on the virtual private cloud your company uses.

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.