Loan processing requires managing diverse documents such as application forms, bank statements, IDs, and credit reports. Traditional methods with manual data entry and verification, often result in delays, errors, and operational inefficiencies, slowing down approvals and impacting customer satisfaction.
Klippa automates loan application processing tasks such as document verification, analyzing financial statements, and cross-checking credit reports to minimize delays, fraud, and operational costs.
Faster application processing times
Reduce document handling time and streamline loan application processing with automated workflows using Klippa’s AI-powered software.
Enhanced compliance
Ensure adherence to local and global financial regulations by automating document verification, minimizing the risk of penalties.
Accurate data extraction
AI-powered data extraction and validation minimize errors, ensuring reliable and consistent results regardless of the document type.
Minimized risks of fraud
Not all fraudulent cases are obvious, that’s why having AI do the heavy lifting ensures that you minimize illegitimate applications early on.
KEY FEATURES
Why Choose Klippa As Your Your Solution
Klippa provides advanced automation features to deliver accurate, structured data quickly and reliably. From forms and financial statements to digital inputs like emails, any process can be automated with ease.
Reach 99% accuracy
Experience unparalleled accuracy in data capture, ensuring every field is recorded correctly.
AI-powered OCR
We leverage the power of AI to enhance OCR capabilities, making document processing smarter and faster.
Wide document support
Our Document OCR supports various documents in 150+ languages ensuring versatility and flexibility.
Seamless integration
With a comprehensive documentation you can implement our OCR via API or SDK within 24 hours.
Image pre-processing
Our OCR engine automatically enhances image quality for accurate data extraction and analysis.
20+ formats supported
We support JSON, CSV, PDF, XML, XLS, XLSX, UBL, PNG, TIFF, DOC, DOCX, JPG, and many more.
Multi-page processing
Upload multi-page documents to ensure scalable, efficient, and accurate document processing workflow.
Ensured data protection
At Klippa, we ensure that our solutions process documents in full compliance with regulatory standards.
Klippa uses a combination of AI technologies such as computer vision, machine learning, and deep learning. These AI technologies are used together with OCR to automate document processing.
As soon as we receive the picture or PDF, our OCR software will convert it to a TXT file. The parser takes the TXT which was extracted by the OCR in the previous step and converts it into JSON, using machine learning algorithms. Then, the JSON is returned as output from the API.
Yes, Klippa’s AI-powered can recognize and extract text from handwritten documents. However, the accuracy depends on the clarity and legibility of the handwriting as well as the quality of the uploaded document or image.
Moreover, with our latest prompt builder, you can process all kinds of documents you can imagine. If you have any questions, please feel free to contact us.
Klippa supports all Latin-alphabet languages, including Dutch, English, French, Spanish, German, Portuguese, Italian, Danish, Swedish, Finnish, Greek, and more. Hebrew is currently in BETA. Additional languages can be supported upon request. Schedule a call if you have questions regarding language support.
Our pricing model is based on either an annual license or a pay-per-document fee. Depending on your requirements and volume, our product specialists will provide you with a custom offer. You can request pricing via our form.
Klippa’s software accuracy can vary depending on the quality of the document or images that are uploaded to the OCR engine, and the software used. Klippa’s uses OCR, AI and machine learning to achieve high data extraction accuracy, up to 99%.
Our data capture APIs can be implemented into any software, web or mobile solution that you may be using. The main source of communication is JSON, so it is independent of specific programming languages.
Our mobile SDKs have been built using native IOS (Swift) and native Android (Kotlin). This means they can be implemented into native apps, but they can also be wrapped for cross-platform languages such as Xamarin, ReactNative, Nativescript, Flutter, PhoneGap, Cordova, Ionic and more.
On our no-code IDP platform, you can access our APIs and configure your document workflows, as well as set up your own Human-in-the-loop process.Klippa’s solutions are made in a developer-friendly way. It is well-documented, so that you can have all the information for successful implementation.
The default response contains structured JSON. This allows fast processing of the extracted data. Upon request the JSON structure can be changed for your API key. To learn more about the exact structure, read our documentation.
Yes, it is possible to test our IDP platform before committing. You can do that by signing up to our platform and test our solution with free credits. We also provide a developer-friendly documentation that can help you in the process.
By default, Klippa does not store any customer data on its servers. Data is always processed under a data processing agreement (DPA) and all services from Klippa are compliant with the GDPR.
All data transfer is done via secure SSL connections. Our servers are ISO-certified and by default located in Amsterdam, the Netherlands. Getting a custom server on a location of choice is possible in any location worldwide. Visit our compliance page for more information.
✓ Secure
✓ Compliant
✓ Protected
✓ Hosted in EU
✓ Trusted
Transform your traditional loan processing with automation swiftly.
A demo with our expert showcases how Klippa’s IDP solutions can optimize your loan processing workflows.