Instant Overview

Instant is an AI-powered service offering that empowers lenders to analyze bank statements and other financial documents more efficiently than ever before. Instant is offered as a complementary service to Ocrolus' flagship Complete (Human-in-the-loop) offering, which includes human data verification for lower quality documents. Instant and Complete can be used in tandem via the company's web dashboard or API, simplifying and completely automating the document analysis process with over 99% accuracy.

Instant Books are processed solely through automated means (AI-ML based models) without any human intervention. This method ensures swift processing speeds and shorter turnaround times. Currently, only select document types can be processed via Instant. To know more about the Instant supported documents, see the All Supported Documents section.

How Instant is different from Complete (Human-in-the-loop)

Complete Books are processed using Ocrolus’ standard approach of initial machine automation followed by Human In The Loop (HITL) validation and verification when required. This process ensures the highest level of accuracy for all Ocrolus support documents.

Instant Workflow

If you decide to use both Instant and Complete for document processing, then we suggest the following workflow:

1. Create Books using Instant. For more details about creating a Book using Instant, see Create an Instant Book.
2. Review the results on the Book Overview and other relevant pages like Accounts, Transactions, and Detect.
3. Check if the results are sufficient and meet your needs for your workflow or decision-making.
4. If the results are sufficient, then proceed with your workflow.
5. If the results are insufficient e.g., missing data, Instant couldn't process some documents, or no metrics, then convert the Book to Complete and review the results when they're available.

Note:

Before you can start using Instant on the Dashboard to work with Books, you must first be configured by Ocrolus to do so. If you're interested in using Instant, please reach out to your Account Manager or contact us at support@ocrolus.com today.