Instant Classify is an automated, machine-learning-based solution to categorize uploaded PDFs and images into distinct document types such as tax forms, identification proofs, bank statements, and pay stubs. This solution eliminates manual intervention and delivers immediate, accurate classification results by significantly enhancing operational efficiency. It also facilitates document collation by grouping similar forms. It enables a quick overview of loan files or mixed documents to ensure all necessary forms are present and accounted for.

Instant Classify addresses the need for real-time document classification. Instant Classify ensure rapid document classification and delivery of immediate results, essential for processes like loan origination and verification tasks.

Classification results are delivered directly into client systems through Book classification summary and Mixed doc classification summary endpoints, enabling immediate use within client workflows.

Instant Classify workflow

The Instant Classify workflow leverages a fully automated machine-learning system without human involvement. Documents are processed immediately upon upload, and results are sent directly to the classification endpoint by significantly reducing turnaround times.

Key features and benefits

• Immediate classification: Instantly categorizes documents upon upload.
• Machine-only workflow: Fully automated document processing without any human intervention.
• Real-time results: Delivers classification results immediately to client systems.
• Enhanced operational efficiency: Speeds up processing by removing manual tasks.
• Improved compliance: Quickly and accurately identifies essential document types, ensuring compliance.
• Scalability: Handles high document volumes independently, without impacting other processes.
• Simplified integration: Easily integrates with client systems to streamline operational workflows.

Use cases

Instant Classify supports rapid verification of document types during loan origination and point-of-sale reviews to enable initial lightweight document capture for early-stage decisions. It also automates classification in post-closing packet reviews by enhancing compliance and improving overall operational efficiency.

Limitations

Currently, there is no set limit on the number of fields captured; however, extensive additions can impact accuracy. This feature is recommended for scenarios where speed and initial document verification are prioritized over maximum accuracy.

For more details, please contact the Ocrolus support team.