Automate Data Extraction from Engineering Drawings
Instantly detects data from any type of engineering drawing with better-than-human accuracy for faster turn-ins, internal catalog checks, RFQ submissions, cost control, and more.
Check loan files for completeness and compliance to avoid risks to lenders and investors. Detect document-level discrepancies early and take action
Ensure fairness in every loan decision
Get a comprehensive data view to ensure accuracy in fee calculation, loan terms, CD balancing, and compliance with TILA & RESPA disclosure requirements
Secure, quality loan approvals
Leverage automation to detect errors, omissions, or fraud patterns that may have been overlooked in the loan origination or underwriting process.
Automate Mortgage Audits like it’s 2030
MortgageCheckai is a comprehensive AI-powered loan review automation solution for faster and airtight loan audits for lenders, investors, and compliance teams
Our client, a leading manufacturer of innovative drainage products, needed assistance in streamlining their workflows to enhance efficiency and reduce costs.
Challenges Faced
The challenges occurred due to the sheer volume and complexity of engineering drawings, limitations of manual data extraction, lack of scalability, and clashing deadlines.
Results
Infrrd’s platform automated data extraction from engineering drawings, streamlining the whole process. This improved the accuracy of the extracted data by 80% and reduced the processing time from weeks to just minutes!
The manual extraction of data from complex RFP documents, including panel schedules and engineering drawings, led to inefficiencies, inaccuracies, and delays, which impacted the client’s overall performance and response time.
Challenges Faced
The client faced difficulties handling large volumes of 200-page RFP documents, managing inconsistencies in symbol recognition, and ensuring accurate data extraction from varied text and diagram layouts, which slowed down the RFP response process.
Results
Increased RFP response rate, 90% data accuracy, processing time reduced to minutes.
With Infrrd's Intelligent Document Processing, we are able to get the best of both: large volumes with accurate results. The team is always happy to assist and responsive, which makes it a fruitful partnership.
Lee-Ann Watters
Technical Product Owner
Money Slips Through Cracks in Data
Manufacturers and construction companies often have thousands of engineering diagrams and drawings that hold all the information useful for different teams within the company: R&D, production, quality assurance, design, maintenance, inventory, and sales.
The key to cost efficiency in each process is the accuracy and speed at which the engineering diagram data is available to the engineers across teams.
See the strongest ROI by implementing Infrrd IDP and streamlining your operations.
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Calculate Your Savings
Discover how much you can save by optimizing your mortgage audit QC process. See the real impact of our solutions on your bottom line