Think of ABDP as an
assembly line for your documents. Each loan file moves through these stages:
Stage 1: Upload You
upload your loan documents to the system. These can come from your file server
(SFTP), dragged from your computer, or sent via an integration.
Stage 2: Classify ABDP's
AI reads each document and identifies what type it is - lease agreement, credit
application, invoice, etc. Documents with uncertain classifications are flagged
for your review.
Stage 3: Extract The
system pulls out important data from each document: names, dates, amounts,
terms. Each piece of extracted data gets a confidence score showing how certain
the AI is.
Stage 4: Validate ABDP
compares what it extracted against your loan tape (the master list of loan
information). It flags any mismatches for you to review.
Stage 5: Review You
review the extracted data, make any corrections, and approve the results. ABDP
tracks all changes you make.
Stage 6: Export Once
reviewed, you can export the data to Excel files for your records or downstream
systems.
Stage 7: Certify After
all documents in a batch are processed and exported, you can generate a
compliance certificate documenting the completed work.