Automating Document Data Extraction and Verification

DocuNECT manages the complete lifecycle of a document from capture through to retention and easily integrates with third-party document management systems. The lifecycle can be mapped to capture the documents, extract/review data from documents, present issues in a workflow and then release to your document management system.

This model can be applied to many different business scenarios, such as loan verification, accounts payable, human resource on-boarding and many more.

ApplicationXtender v16.3 Generally Available December 15th 2017

We’re excited to announce ApplicationXtender 16.3 will be generally available on December 15th 2017. First, let’s address the obvious question…Why did the version jump from 8.1 to 16.3??? Well, the answer is actually pretty simple. The current release for ALL OpenText products is release 16. ApplicationXtender has completely shifted all of its processes, technologies and …

A DocuNECT Lifecycle Application: VeriComply Used for Asset Verification for MPL Secondary Markets and Securitizations

Since its primary customers are trust companies, VeriComply acts as a sub-verification agent or document custodian. Basically, on getting the loan documents, it extracts data and compares it with loan/data tapes. Outcomes are then discussed with originators and trust company partners to remove any discrepancies. The report is then sent to the client notifying approval …