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DocAbstract is a data abstraction tool built for CRE professionals. It extracts, structures, and reconciles critical data from third-party reports, including Appraisal, Property Condition Assessment (PCA), Environmental Site Assessment (ESA), Seismic, and Zoning.
The tool converts document-based information into structured, decision-ready property data that can be reliably used across underwriting, loan boarding, and servicing workflows.
Sources critical data across multiple third-party reports in seconds instead of hours, offering up to 85% time savings.
Ensures consistent data extraction with 99% accuracy across all reports with no human variability.
Clear visibility into variances and final approved values.
Actionable data available early in the credit process.
Handles volume spikes efficiently without scaling headcount.
Privacy Ensuring privacy through robust access control measures, two-factor authentication, & encryption, safeguarding sensitive data from unauthorized access.
Availability Ensuring availability through performance monitoring, disaster recovery protocols, & efficient security incident handling, minimizing downtime and ensuring continuous operations
Security Enhancing security with network/application firewalls, intrusion detection systems, and two-factor authentication, fortifying defenses against cyber threats.
Processing Integrity Ensuring processing integrity through quality assurance measures and continuous monitoring, maintaining the accuracy and reliability of data processing operations.
Confidentiality Upholding confidentiality through encryption and access control mechanisms, maintaining the integrity of sensitive information.
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