Intelligent document processing for financial services
Onboarding packets, checks, statements, invoices and creditor letters, each checked against the record it belongs to. Your team sees only the exceptions.
- 99% field-level accuracy on 250+ document types
- 95%+ of documents processed straight through
- SOC 2 Type 2 and ISO 27001
An operations queue with five documents from five desks. The articles of organization match the legal name on the account application. The statement has all four pages. Invoice 20931 matches purchase order 7730 on all six lines. The settlement letter matches the client's enrolled debt. Check 1187 for $9,150.00 is payable to Kestrel Supply Inc., but the account holder is Kestrel Supply Co. LLC, so it goes to review. Four documents cleared, one sent to review.
Trusted by 10,000+ mid-sized and enterprise teams, including
- Grid Finance
- Hitachi
- PayU
One platform for every document desk.
Each desk gets different documents. The work is the same: read them, check them against the record they belong to, and send your team only what failed.
Account opening, KYC and KYB
Banks, credit unions and fintechsEvery document in the packet read and checked against the application, so analysts open only the packets that disagree.
What arrives
- Driver's licenses and passports
- Proof of address
- Articles of organization
- IRS EIN letters
- Bank statements
What Docsumo reads
- Legal name
- Beacon Ridge Advisors LLC
- EIN
- 88-4172039
- Registered address
- 410 Pine St, Burlington, VT
- Owner
- Maya L. Ortiz
Checked against
- ApplicationLegal name, EIN and address⚑ EIN differs
- Owner's IDName and date of birth✓ Match
- Your checklistDocuments required for the account type✓ All in
Field names, checks and the output schema are configurable.
Cross-document checks are on the Enterprise plan; lookups against your own lists, such as a vendor master, are on Business. You choose which checks apply to each desk.
From inbox to your systems, in five steps.
- 01
Collect
Email, upload or API, from customers, branches and partners.
Collection agent - 02
Classify and split
A mixed PDF becomes the documents inside it, each sent to its desk.
Classification agent - 03
Extract
Every field, table and line item, each with a confidence score.
Extraction agent - 04
Check
Against the application, the account, the PO and your rules.
Verification agent - 05
Route
Clean data to your systems; exceptions to your team.
Workflow agent
One platform instead of a tool per desk.
Point tools each solve one desk. Docsumo covers them all, with one review queue and one security review.
| A tool per deskSeveral vendors | DocsumoOne platform | |
|---|---|---|
| Documents | One kind per tool | 250+ pre-trained types; custom models for the rest |
| Your process | Each tool's workflow | Workflows built around the process you run |
| Checks | Inside one document | Against the application, the account and the rest of the case |
| Review | A queue per tool, or the vendor's team | One queue, your own staff, one audit log |
| Security review | One per vendor | Once: SOC 2 Type 2 and ISO 27001 |
| Cost | A contract per desk | One platform, at a lower total cost |
Your team reviews exceptions, not every document.
Documents that pass every check move on. The rest arrive with the reason, the source line and the values that disagree.
Review queue 3 of 24 files
✓ 21 passed every check and moved on
- Account holder
- Kestrel Supply Co. LLC
- Payee on the check
- Kestrel Supply Inc.
Amount and date passed. The payee may be a former company name.
- Date09/22/2026
- Pay to the order ofKestrel Supply Inc.
- Amount$9,150.00
- Amount in wordsNine thousand one hundred fifty
- Exceptions onlyDocuments that pass every check don't wait for a person.
- The source, highlightedClick a field to see the line it came from.
- Thresholds you setConfidence thresholds per field decide what goes to review.
- Review stays in-houseSoftware, not an outsourced review team. Every decision is logged, and corrections improve the model.
Finance and settlement teams, in production.
- Accounts payable65%+lower invoice processing cost, with 99%+ of invoices touchless
“Docsumo's self-learning capabilities and the accuracy of the invoice line-item data capture made it stand out for us.”
Jussi Karjalainen, Founder & Managing PartnerRead the Valtatech story → - Debt settlement96.67%less processing time across 170,000 documents
“There's no way we could've scaled our operations as we did if it weren't for a product like Docsumo.”
Orla Kane, VP of Settlement OperationsRead the Clear One Advantage story → - Debt settlement95%of settlement documents processed straight through
Debt settlement letters processed without anyone keying them in.
From the National Debt Relief case studyRead the National Debt Relief story →
What changes when documents stop waiting on people.
Clean data in your systems, audited end to end.
Checked data goes to the systems you run, with the controls your security review will ask about.
SOC 2 Type 2Independently audited controls- ISO 27001Certified security management
HIPAAFor protected health data
GDPRFor EU personal data
Encrypted with TLS in transit and AES-256 at rest. Your documents are not used to train shared or third-party models.
How Docsumo protects your data →REST API and webhooks
Documents in by email, upload or API; every field back as JSON with its confidence score.
Your systems of record
Checked data posted to your core, ERP or CRM in the structure it expects.
A test environment
Your engineers validate changes before they reach production.
Audit log and permissions
Access by role, team and document type; every review and approval recorded.
What financial services teams ask.
What is intelligent document processing for financial services?
Intelligent document processing (IDP) for financial services is software that collects, classifies and extracts data from the documents banks, credit unions, fintechs and other financial firms receive, such as IDs, checks, bank statements, invoices and creditor letters, then checks each one against the application, account or purchase order it belongs to. It replaces manual keying and re-checking with structured data and a short list of exceptions. Docsumo is an intelligent document processing (IDP) platform that does this across onboarding, deposits, statements, payables, settlement and lending.
Which financial services documents can Docsumo process?
Driver's licenses and passports, proof of address, articles of organization and IRS EIN letters for onboarding; personal and business checks, remittance advice and deposit slips; bank statements; invoices, purchase orders and delivery slips; settlement letters and creditor statements; and the pay stubs, tax returns and financial statements in a loan file. Docsumo covers 250+ document types with pre-trained models, and custom models can be trained for documents specific to your institution.
How is this different from an ID verification or KYC tool?
ID verification tools check a photo ID and a selfie. Docsumo reads the rest of the onboarding packet: proof of address, formation documents, EIN letters and bank statements, as well as the ID itself. It checks names, numbers and addresses against the application and flags a missing document at intake. Many teams use both. For how the pieces fit, see the [KYC verification guide](/blog/automated-kyc-verification).
Can Docsumo check documents against our own records?
Yes. Lookups against your own lists, such as a vendor master, are on the Business plan. Cross-document validation, which checks a document against the application, the account or the other documents in the same case, is on the Enterprise plan. You choose which checks apply to each desk, and the confidence threshold for each field.
Does our team still review documents?
Your team reviews only the exceptions. Docsumo is software, not an outsourced review team: documents that fail a check or fall below a confidence threshold go to your own staff, who see the reason, the source line highlighted and the values that disagree. Every correction and approval is logged, and corrections improve the model.
How does Docsumo connect to our core, ERP or CRM?
Documents come in by email, upload or REST API, and checked data goes back as JSON by webhook, with a confidence score on every field, in the structure your core system, ERP, CRM or data warehouse expects. A separate test environment lets your engineers validate the integration before it reaches production.
Is it secure enough for customer financial data?
Docsumo is SOC 2 Type 2 audited, ISO/IEC 27001:2022 certified, and HIPAA and GDPR compliant. Data is encrypted in transit (TLS) and at rest (AES-256), with an external penetration test every year. Your documents and extracted data are not used to train shared or third-party models. A DPA and a BAA are available, and access is set by role, team and document type. See [security](/security) for details.
How long does it take to get started?
You can start the same day with a free trial: 1,000 pages for 14 days, using pre-trained models for common financial documents. Cross-document validation and case management are on the Enterprise plan. For a production rollout, book a demo and bring real documents from one desk; we run them live and map out the checks and integration your team needs.
Bring documents from one desk to the demo.
Checks, statements, onboarding packets or invoices, scanned or digital. We run them live and show every field, every check and every exception.