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DocVu.AI Reviews & Product Details

DocVu.AI Overview

What is DocVu.AI?

DocVu.AI uses the power of OCR, computer vision (CV) and AI, to transform information on documents into data which brings the next level of operational efficiency to your processes and opportunities to innovate new features or and higher service levels for your customer This transformation of data is for structured, semi-structured, and unstructured data. DocVu.AI can process tables, long-form text, signatures, and handwriting into digital information. The success of DocVu.AI lies in its 1 - accuracy of data conversion of 99.5% 2 - fast turnaround time of 20 minutes per document 3 - powerful features specific to industry processes 4 - ability to integrate into complex application ecosystems of enterprises This combination of capability results in: - 1 - a quick implementation what a ramp-up to 100% capability on day 1 2 - easy adoption of DocVu.AI by exiting teams 3 - realization of benefits across the whole process 4 - reduction in the cost of operations by 34%, increase in quality of the process by 25%, and better utilization of human resources for more critical functions DocVu.AI is much more than an Intelligent document processing engine; DocVu.AI's in-build architectural flexibility enables DocVu.AI to address unique conditions of large and small enterprises. DocVu.AI delivers success through its deep industry experience and a holistic view of business through technology. By combining digital strategy, customer-centric design, and advanced analytics, DocVu.AI helps its clients create successful and adaptive businesses in banking, retail, insurance, distribution, and manufacturing. This inherent flexibility in the process, coupled with the range of data that DocVu.AI can process accurately, has made DocVu.AI the number one choice for over 50 banks in the US. https://ibsintelligence.com/?p=528258&post_type=ibsi_news&preview=1&_ppp=06751aaddf

DocVu.AI Details
Languages Supported
English
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Product Description

DocVu.ai is an intelligent document processing platform which leverages AI/ML to delivery best in class accuracy and scalability. It’s perfectly suited for your mortgage processing needs especially in Loan originations, servicing and secondary market services.


Seller Details
Year Founded
1995
HQ Location
Cranbury, New Jersey
Twitter
@Visionet
617 Twitter followers
LinkedIn® Page
www.linkedin.com
3,192 employees on LinkedIn®

RG
Overview Provided by:

Recent DocVu.AI Reviews

Abhishek S.
AS
Abhishek S.Mid-Market (51-1000 emp.)
4.5 out of 5
"Hands-on Experience with DocVu.ai"
DocVu.ai is one of best and leading documents management software especially in mortgage industry. With its advanced ai document recognition capabi...
SC
Simona C.Enterprise (> 1000 emp.)
4.5 out of 5
"DocVu.AI as the Perfect analyzer of statements"
The software is able to analyze large sources of data perfectly in a short time compared to employees processing the same amount of data. The suppo...
WB
Wilma B.Small-Business (50 or fewer emp.)
0.0 out of 5
"Data entry and document processing Problems"
DocVu.AI is unable to solve any issues that come up. They needs to put in a lot of effort to increase analytics and expedite the process but not en...
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DocVu.AI Media

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13 DocVu.AI Reviews

4.0 out of 5
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13 DocVu.AI Reviews
4.0 out of 5
13 DocVu.AI Reviews
4.0 out of 5

DocVu.AI Pros and Cons

How are these determined?Information
Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
Pros
Cons
G2 reviews are authentic and verified.
Abhishek S.
AS
us mortgage Sr Underwriter
Professional Training & Coaching
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about DocVu.AI?

DocVu.ai is one of best and leading documents management software especially in mortgage industry. With its advanced ai document recognition capabilities while indexing and stacking and documents processing in very less time with 90%+ accuracy levels. Review collected by and hosted on G2.com.

What do you dislike about DocVu.AI?

DocVu is advanced documents recognition software that is helpful in indexing/stacking mortgage documents with high accuracy rate, the only concern is it's pricing a bit higher side comparison to it's peers. Review collected by and hosted on G2.com.

What problems is DocVu.AI solving and how is that benefiting you?

In mortgage industry there are 200+ documents that requires correct identification and labels which is very time consuming DocVu minimize this processing time and removing mannual intervention to increase higher accuracy rate as well. From last 5 years I have used several applications like AIQ, DocV but DocVu is the best of all. Review collected by and hosted on G2.com.

SC
Operations Assistant Manager
Hospital & Health Care
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about DocVu.AI?

The software is able to analyze large sources of data perfectly in a short time compared to employees processing the same amount of data. The support team was very quick and helpful with the difficulties of setting up and starting off Review collected by and hosted on G2.com.

What do you dislike about DocVu.AI?

Our finance team love docvu.ai but it takes long to process larger invoices and statements, that need some improvements. Review collected by and hosted on G2.com.

What problems is DocVu.AI solving and how is that benefiting you?

The software enhances productivity by minimizing huge work loads in a very short period of time with precision.

The analyzed data by docvu.ai is accurate enough to make financial reports and our management is able to make perfect financial decisions. Review collected by and hosted on G2.com.

WB
Superintendent
Consulting
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about DocVu.AI?

DocVu.AI is unable to solve any issues that come up. They needs to put in a lot of effort to increase analytics and expedite the process but not ensuring an more impactful experience. Review collected by and hosted on G2.com.

What do you dislike about DocVu.AI?

It would be better to witness their poor adaptability. DocVu.AI has not provided us with value by not resolving any previous concerns. There are shortcomings. They does not strive to meet our specific requirements. Review collected by and hosted on G2.com.

What problems is DocVu.AI solving and how is that benefiting you?

The solution heavily relies on automation, which occasionally lead to inaccuracies when it comes to document indexing and extraction. This potentially result in errors or misunderstandings during the verification of documents. Review collected by and hosted on G2.com.

KM
Technician
Computer Software
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about DocVu.AI?

It significantly slows down the process, which makes it inconvenient. The system works hecticly. They need to expand its utilization to areas. I have complaints, about the product since they have not promptly solved any issues we encountered. Review collected by and hosted on G2.com.

What do you dislike about DocVu.AI?

The team at DocVu.AI is poorly dedicated to meeting all of our custom needs. It needs to increase the analytics, which I believe is already part of their roadmap. The softwares reliability is not commendable. Review collected by and hosted on G2.com.

What problems is DocVu.AI solving and how is that benefiting you?

I feel that it lacks innovation and fails to offer features in the document processing industry. The interface appears outdated. Needs to benefit from a modern design. Review collected by and hosted on G2.com.

MM
System Analyst
Business Supplies and Equipment
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about DocVu.AI?

When it comes to handling and processing business documents, DocVu.AI is very capaable and offers top of the range features. I like that it is very accurate and scalable besides offering AI features for better performance. Review collected by and hosted on G2.com.

What do you dislike about DocVu.AI?

No major fails with DocVu.AI. It has been serving us well. Review collected by and hosted on G2.com.

What problems is DocVu.AI solving and how is that benefiting you?

It is the best document processing software. We have used it for long and it works magic. Review collected by and hosted on G2.com.

Will N.
WN
Vice President of Sales
Small-Business(50 or fewer emp.)
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Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about DocVu.AI?

the ability to quickly scan and process invoices saving time Review collected by and hosted on G2.com.

What do you dislike about DocVu.AI?

needs a bit more functionality and features Review collected by and hosted on G2.com.

What problems is DocVu.AI solving and how is that benefiting you?

quickly allowing for invoicing with current users across the business Review collected by and hosted on G2.com.

Kalpesh S.
KS
ServiceNow Consultant
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about DocVu.AI?

docvu provides a shorter Implementation Cycle which heaped out the project to meet the deadlines as docvu gives high accuracy levels from day-one.it is cost-effective which is the best thing about this platform Review collected by and hosted on G2.com.

What do you dislike about DocVu.AI?

i have no problems with docvu its just they should work more on analytics and speeding the process for faster implementation. Review collected by and hosted on G2.com.

What problems is DocVu.AI solving and how is that benefiting you?

easier document processing for the BFS industry,helps in being productive and the software is reliable so it helps with the business also Review collected by and hosted on G2.com.

Verified User in Banking
UB
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about DocVu.AI?

Ease of use, accuracy, scalability, quick implementation - The support team is very responsive. We have a swift implementation with all our business requirements taken care without many hassles. The team quickly understood our requirements and got into the action as if they had faced a similar situation through other players. Review collected by and hosted on G2.com.

What do you dislike about DocVu.AI?

Need to expand usage. The current system works pretty well. It would be great to see them in action in other areas and how well do they adapt. Review collected by and hosted on G2.com.

What problems is DocVu.AI solving and how is that benefiting you?

Document indexing and extraction for Mortgage - The solution has been extremely accurate. This has helped us to reduce our manpower to verify the documents physically. The brokers also find it useful to upload scanned documents and are happy with the current turnaround times. Review collected by and hosted on G2.com.

Pradeep C.
PC
Ops Manager
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about DocVu.AI?

Secured, Responsive team, One of the best support, aligned to resolving specific business requirements Review collected by and hosted on G2.com.

What do you dislike about DocVu.AI?

Would have great to use DocVu for other business lines as well. Review collected by and hosted on G2.com.

What problems is DocVu.AI solving and how is that benefiting you?

Intelligent Document processing for mortgage - We have seen our human dependencies go down drastically. The workflows have become more optimized and it has impacted the complete mortgage loan lifecycle. Thanks to the DocVu team for their mortgage expertise has been no short of a boon for us. Review collected by and hosted on G2.com.

Verified User in Banking
UB
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
Business partner of the seller or seller's competitor, not included in G2 scores.
What do you like best about DocVu.AI?

Accurate results, Reduces human errors if not eliminates completely, Rich capabilities of AI/ML Review collected by and hosted on G2.com.

What do you dislike about DocVu.AI?

We have seen huge value out of DocVu. The previous issues were rapidly resolved through their timely release updates. Review collected by and hosted on G2.com.

What problems is DocVu.AI solving and how is that benefiting you?

Document processing for mortgage - the amount of volumes which can be handled so quickly is amazing. You just need DocVu and you can be rest assured that the software is capable of handling any volumes. We have gone through so many systems - the demo helped us to make a final decision on DocVu. Review collected by and hosted on G2.com.