Advanced OCR Technology

More sophisticated and effective than
anything else on the market today

Paradatec provides a polished out-of-the-box solution for loan document automation.

Compare that with the DIY OCR toolkits you have seen.

At Paradatec, we specialize in automated document classification and data capture from unstructured or free-form mortgage and other loan documents.

Our highly scalable OCR/ICR technology sets a new standard in the automation of the incoming mail process.

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Industry leading solutions

For two decades, Paradatec has focused its skills towards delivering the most efficient, accurate, and flexible freeform document classification and data extraction solution available anywhere.
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Approach & experience

Our unique approach leverages our proprietary high performance pattern recognition technology; our experience has allowed us to create a proven, stable, reliable, and scalable software solution.
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Exceptional
products

Paradatec products are crucial components of an effective and efficient Enterprise Content Management (ECM) or Document Management Systems (DMS).
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Scalable
automation

At Paradatec, we specialize in automated document classification and data capture for the Mortgage Lending and Financial Services industries, scaling to process millions of pages per day. Request a demo to see it in action for yourself.

Billions Of Images Processed:

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Leaner and quicker high volume processing

Sorting and capturing critical data from thousands of diverse documents is labor intensive, slow, and expensive. Addressing these challenges has been our focus for over two decades now.

Our long list of referenceable, high volume installations processing hundreds of thousands of loan documents per day is testimony to our ongoing success.

Find out more

The Paradatec Advantage

Technology automation for the Mortgage industry that is ready for immediate testing before purchase

New documents and the regulations related to them put a new emphasis on the need for quick and very accurate data.
Lenders in particular face significant penalties for inaccurate data and missed delivery deadlines.

To stay competitive, and meet these new and constantly changing challenges, automation through technology is no longer optional. Paradatec provides proven technology solutions to the lending industry which help our clients meet these regulatory and documentation challenges. We can offer a no-cost “blind test” that proves our solution works – before you issue a PO.

Case Studies

Our clients span the entire mortgage spectrum, ranging from originators to servicers to BPOs and external due diligence firms. All of these entities have a common need: to more efficiently meet the increasing regulatory and data gathering requirements found in today’s Mortgage Loan and Financial Services industries.

Browse our case studies and please get in touch for more information and further reference contacts!

  • “We had attempted to use OCR in the past for Automated Document Recognition (ADR). Due to our prior experience and a variety of technical issues we were very skeptical about OCR. We asked a number of vendors including the Paradatec team to help us perform an extensive due diligence process which included a proof of concept test with our own documents. Paradatec was the clear winner based on our comprehensive vetting process.”

    Michael Rhoden, SVP of IT, FAMC
  • “The Paradatec platform has exceeded our initial expectations and continues to provide a high degree of automation with minimal configuration”

    Julia Willis, CFO, Audiovox Specialized Applications, LLC (ASA)
  • Choosing Paradatec was a strategic decision for us. With their solution, we were able to complete high impact projects with a significantly improved level of accuracy and speed. We attribute our success on those projects to Paradatec’s commitment to customer service, attention to detail and ability to adapt to evolving customer needs.

    California based Top Lender, SVP

Case Studies

Our clients span the entire mortgage spectrum, ranging from originators to servicers to BPOs and external due diligence firms. All of these entities have a common need: to more efficiently meet the increasing regulatory and data gathering requirements found in today’s Mortgage Loan and Financial Services industries.

Browse our case studies and please get in touch for more information and further reference contacts!

Mortgage Loan Audit Processing

Mortgage Loan Processing

Loan Document Automation

Mortgage Document Automation

Higher Automation

Advanced automation reduces your cost to originate. Leaner and quicker automated processes are in demand. Automated document processing and text recognition can significantly improve your bottom line.

Better Accuracy

In today’s fast paced, constantly changing regulatory mortgage market, it is not enough to just automate. The automation provided must also provide improved accuracy. Advanced OCR technology delivers accurate results that you can count on.

Infinite Scalability

The number of documents, scanned images, and required data elements continues to grow exponentially. Therefore, you must demand an OCR solution that delivers infinite scalability…a solution that can grow with your organization.

Smaller Footprint

To minimize technology hardware and resource costs, the right OCR solution minimizes your IT footprint while also providing higher automation, better accuracy, and infinite scalability.

Quicker Implementation

Speed to market delivers a significant competitive advantage. The right OCR solution can get you up and running quickly. Experience, best practices and a proven engineering process ensures your success in the shortest amount of time possible.

Unmatched Support

Not all OCR solutions are created equal and neither are the teams that support them. The right combination of industry insight, in-depth expertise, superior technology, and proven methodologies delivers an unmatched support experience.