ACCELERATE
Instantly extract & verify income and expenses
Eliminate manual document reviews by using Fortiro Accelerate to extract, aggregate and analyse income and expense details from payslips, bank statements and tax assessments for rapid financial verification.
BENEFITS
Fast income & expense verification
Fast income & expense verification
Reduce the time it takes to verify income & expense documents down to 30 seconds.
FEATURES
Eliminate manual document reviews
Eliminate manual document reviews
Automate document related tasks, such as manually labelling, re-keying or extracting data from documents.
FEATURES
Reduce time & cost
Reduce time & cost
Do away with backlogs and the costs associated with manual document reviews, including re-keying data and manual matching.
FEATURES
How it works
Upload documents in any format
Upload financial documents via API or drag and drop them into the web interface. Fortiro accepts scans, photos and PDFs, including multiple documents bundled in the same file.
Instantly extract key information
Instantly extract key information from financial documents such as payslips and bank statements, which can be original documents, photographs or scans.
Name Matching
Automatically verify that the income documents provided by the applicant are actually their documents by matching their name to the document
Employment Type Check
Automatically verify the applicant’s stated employment type (full-time, part-time, etc) against the payslip to understand the permanence of their income
Income Verification
Automatically verify the applicant’s stated income against their payslip and see a breakdown of income types (salary, bonuses, commissions)
Verify income
Receive a profile including employment type (full-time, part-time) and uncertain income (such as bonus, commission) which can be easily matched back to your systems - via API or UI.
Verify expenses
Generate an instant picture of your applicant’s spending patterns and important risk indicators, so you can quickly understand whether they meet your lending criteria.
Sync data to your systems
Reduce manual data entry by automatically sending income and expense data back to your internal systems, such as a loan origination system or application management system
Serious about security
ISO27001 certified
Fortiro and its solutions are ISO 27001 certified by an independent auditor.
Data Security & Privacy
Fortiro does not store or retain customer documents beyond the initial processing period.
Information Security
We build products for Enterprise customers and will confidently meet your security requirements beyond MFA and SSO.
Get a demo today
Get a demo of Fortiro’s income document verification platform to see how it can help you.