The primary objectives of integrating OCR in Acuriq for the Loan Processing Application are as follows:
- Automate the extraction of text and data from loan-related documents.
- Reduce manual data entry efforts and minimize errors associated with manual data input.
- Accelerate document processing time and improve operational efficiency.
- Enhance the user experience for loan officers and applicants by streamlining document submission and processing.
- Ensure compliance with regulatory requirements by accurately capturing and storing relevant document information.
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