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features
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support

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Description

Enhance and simplify the loan forgiveness process of the CARES Act Paycheck Protection Program (PPP) to more effectively assist small businesses. ALFA, utilizing the capabilities of Nirveda Cognition’s Document-to-Dashboard platform, harnesses Artificial Intelligence to aid small enterprises in navigating the intricate maze of PPP loan forgiveness. Evidence Collection. Users can easily drag and drop all necessary baseline and evidence documents into our secure system. Document Intelligence. Our platform extracts all pertinent information from the evidence documents, conducts a thorough completeness review, identifies potential risks, and calculates the forgiveness amount. Forgiveness Maximizer. With comprehensive information at hand, users can determine and maximize their forgiveness potential, effectively finding the needle in the haystack of documentation. Data Portability. All relevant data is compiled to facilitate the generation of the SBA Form 3508. Imagine a world where the stress and complexity of compliance are completely removed, allowing small businesses to focus on growth and recovery instead. This innovative approach not only streamlines the process but also empowers small business owners to take control of their financial futures.

Description

LoanLogics IDEA™ Services and IDEA™ OnDemand leverage cutting-edge machine learning and complex algorithms to effectively classify and extract information from loan documents, enhancing intelligent data extraction and automation. Our mortgage document processing solutions combine rules-based automation with human workflow to ensure enterprise-level accuracy. With real-time, inline document processing capabilities, lenders can eliminate production bottlenecks, processing documents within mere seconds. Moreover, LoanBeam® Automated Income Calculation and Analysis technologies authenticate income from various sources, providing relief from reps and warranties for self-employed income assessments, while transforming intricate tax returns, variable pay stubs, and W2s into actionable data points to facilitate automated income calculations. By utilizing LoanBeam technology, users can concentrate on assessing risks, improve workflow efficiency, and maintain compliance, ultimately leading to a more streamlined mortgage process. This seamless integration of advanced technologies fosters a more responsive and agile approach to financial document management.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

No details available.

Integrations

No details available.

Pricing Details

No price information available.
Free Trial
Free Version

Pricing Details

No price information available.
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

Nirveda Cognition

Founded

2017

Country

United States

Website

www.nirvedacognition.ai

Vendor Details

Company Name

LoanLogics

Founded

2005

Country

United States

Website

loanlogics.com

Product Features

Mortgage and Loans

Amortization Schedule
Client Database
Closing Documents
Commercial Mortgages
Contact Management
Credit Reporting
Customer Statements
Document Management
Electronic Applications
Government Loans
Loan Origination
Loan Servicing
Pipeline Management
Pre-Qualification
Refinance Management
Residential Mortgages

Product Features

Loan Origination

Amortization Schedule
Audit Trail
Closing Documents
Compliance Management
Customer Database
Digital Signature
Document Management
Fee Management
Loan Processing
Online Application

Loan Servicing

Accounting Management
Amortization Schedule
Application Management
Auto Loans
Automatic Funds Distribution
Business Loans
Collateral Tracking
Collections Management
Compliance Management
Construction Loans
Customer Database
Fee Management
Investor Management
Loan Processing
Student Loans

Mortgage and Loans

Amortization Schedule
Client Database
Closing Documents
Commercial Mortgages
Contact Management
Credit Reporting
Customer Statements
Document Management
Electronic Applications
Government Loans
Loan Origination
Loan Servicing
Pipeline Management
Pre-Qualification
Refinance Management
Residential Mortgages

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