Income verification made simple, accurate and risk-free

  • Securely extract income data from diverse document types, such as Paystubs and W-2s with pre-trained AI/ML models.
  • Mitigate manual review errors via automated validation against supporting documents and databases.
  • Analyze crucial financial health metrics to assist companies in determining creditworthiness and risk profile.
No credit card required
Bank Statement Processing with AI
Problem statement

Manual review of application documents and banking data can lead to oversights and errors, exposing companies to fraud, credit loss, and competition.

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Suspendisse varius enim in eros elementum tristique. Duis cursus, mi quis viverra ornare, eros dolor interdum nulla, ut commodo diam libero vitae erat. Aenean faucibus nibh et justo cursus id rutrum lorem imperdiet. Nunc ut sem vitae risus tristique posuere.

Workflow optimization with Docsumo

See how it works

Get to know about Intelligent Document Processing in Finance

What docs do we handle?

W-2 or other wage statements
Blue tick icon
Pay stubs
Blue tick icon
Bank statements
Blue tick icon
Proof-of-income letter
Blue tick icon
Blue tick icon
IRS Form 1099s
Blue tick icon
Attestation from an employer
Blue tick icon
Employment Contracts
Blue tick icon
Pension statements
Blue tick icon
Blue tick icon
Trust fund income statements
Blue tick icon
Tax returns
Blue tick icon
Worker’s Compensation Letter
Blue tick icon
Blue tick icon
Blue tick icon

Make more closures with automated income verification


Increase loan originations with an expedited underwriting process

Automate over 50% of fulfillment and servicing tasks for a faster loan borrowing experience.

With this automation, lenders shorten the underwriting process by 30% and reduce substancial origination costs.


Data-driven Insights for faster decision-making

Compile customer financial data from documents into basic snapshots of income verification, cost summaries, and risk transaction assessments.


Minimize risk and standardize income documents

Set up field-level confidence thresholds across diverse documents like Paystubs, Bank statements to minimize your risk of mortgage underwriting or risky loan sanctions. 


Go beyond plain vanilla OCR

Docusumo’s AI scans, understands, and categorizes income data contextually irrespective of its placement on the document.

Processing U.S. Individual Income Tax Return Form
See how we can help your finance and operations team
Let's talk.
Speaker Icon
Docsumo's intelligent document processing enables you to extract data easily, efficiently, and accurately. Fill up the form  to speak with an automation expert.
G2 & Capterra Ratings for Docsumo