Case Study: Indecomm achieves faster, more accurate mortgage document extraction with Amazon Textract

Indecomm cuts document extraction to 5–7 minutes with Amazon Textract

The customer, Indecomm, is a mortgage SaaS and automation provider that faced challenges with manual data extraction in the loan application process. This led to delays, errors, and high costs. To address this, Indecomm used Amazon Textract from AWS to power its Intelligent Document Extractor (IDX) innovation.

By implementing Amazon Textract, Indecomm's IDX solution automated the extraction of over 4,000 data fields from mortgage documents. This resulted in a drastic reduction in processing times, from 30 minutes down to 5-7 minutes per task, and a 40% reduction in document classification costs. The solution also achieved 100% accuracy in document classification and 97% accuracy in data extraction, significantly enhancing efficiency and precision for lenders.

Indecomm