Infrrd

What Infrrd does

Infrrd helps businesses manage complex, unstructured documents using an AI-powered platform that extracts, organizes, and automates data processing. It handles various document types, from invoices and contracts to engineering drawings and handwritten notes, learning from real-world data to improve speed, accuracy, and intelligence over time. Beyond data extraction, Infrrd automates entire workflows, reducing manual effort, errors, and processing times across industries like insurance, mortgage, real estate, engineering, and logistics. The platform offers tailored solutions for specific industry needs, ensuring compliance and operational efficiency.

Products

• IDP PlatformA platform that reads and processes documents in one go with high accuracy, offering state-of-the-art document pre-processing, intelligent detection of document fields, high-accuracy data extraction, correction queue automation, in-built SLA management, document flagging, parking, alerting tools, easy API integration, enhanced document auditing tools, document correction auditing tools, and customized reporting dashboards.
• MortgageCheckAI-powered mortgage document processing for QC, audit, and investor delivery, supporting over 500 document types, zero manual sorting, and seamless LOS workflows. It automates classification, stacking, and version control, detects duplicates and missing documents, and applies stacking rules.
• AI Data ExtractionA product focused on extracting data from various document formats, including unstructured and custom documents, with high accuracy.
• Infrrd for MortgageIndustry-specific solution for mortgage automation, covering origination, servicing, and loan underwriting, with features like automated compliance tracking.
• Infrrd for InvoiceIndustry-specific solution for invoice processing, AP/AR, expense management, payroll processing, and bank reconciliation, aiming to eliminate errors and streamline document management.
• Infrrd for InsuranceIndustry-specific solution for insurance document processing, including claims processing, insurance tracking, and insurance underwriting, designed to transform fluctuating documents into actionable data.
• Infrrd for Audit QCIndustry-specific solution for audit quality control, ensuring accurate data entry and matching across documents.
• Infrrd for ConstructionIndustry-specific solution for extracting data from complex images and engineering drawings, streamlining workflows for construction projects.
• Infrrd for ManufacturingIndustry-specific solution tailored for manufacturing processes, likely involving document automation and data extraction.
• Ally (AI Agents)An ultimate AI agent designed to handle tasks across businesses, acting as a versatile, all-in-one solution. Specifically, Ally is an agentic AI auditor for mortgage automation, powered by a network of intelligent agents that can think, adapt, and work like a human auditor with AI-powered capabilities.
• No-Touch Processing (NTP)A fully automated process where AI handles data extraction, validation, and classification of all kinds of documents (structured/unstructured) without manual intervention, ensuring 24/7 productivity and high accuracy.

Key capabilities

• AI-powered data extraction
• Intelligent document processing (IDP)
• Robotic Process Automation (RPA)
• Natural Language Processing (NLP)
• Image Classification
• OCR (Optical Character Recognition)
• Machine Learning
• Intelligent Data Capture
• Intelligent Data Processing
• Automated workflow processing
• No-Touch Processing (NTP)
• Human-in-the-loop (HITL) for maximum control
• Performance-based pricing
• Dedicated 24/7 support
• Easy API Integration
• Customized reporting dashboards
• Patented Confidence Score Algorithm
• End-to-end data encryption
• Built-in compliance and audit features
• Real-time document validation
• Template-free automation
• Automatic document classification, stacking, and version control
• Duplicate and missing document detection
• LOS integration-ready
• Cloud or on-premise deployment options
• SOC 2 Type II compliant
• GDPR compliant
• Agentic AI auditor (Ally)
• Interactive chatbot for audit-related questions
• Adaptable to custom lender overlays and standard mortgage guidelines
• Explainable Agentic AI with traceable decisions
• Automated payment processing
• Real-time escrow management
• Proactive compliance monitoring
• Advanced borrower communication tools
• Intelligent delinquency management

Use cases

• Mortgage origination
• Mortgage servicing
• Loan underwriting
• Invoice processing
• AP/AR (Accounts Payable/Receivable)
• Expense management
• Payroll processing
• Bank reconciliation
• Claims processing
• Insurance tracking
• Insurance underwriting
• Audit QC (Quality Control)
• Data extraction from engineering drawings
• RFQ (Request for Quote) processing in construction
• End-to-end logistics automation
• Tax recovery operations
• Email data extraction for discounts
• Customer onboarding/KYC
• Freight management
• Order processing
• Post-close QC
• Pre-fund QC
• Processing complex visual documents
• Loan review acceleration
• Compliance checks in mortgage
• Title search and insurance verification
• Borrower communication
• Audit trail management
• Payment history verification
• Secondary market audit QC
• Delinquency and default management
• Loan modification and forbearance tracking
• Insurance and tax payment verification
• Foreclosure and bankruptcy document handling

AI approach

Infrrd uses AI-powered platforms for intelligent document processing (IDP) and automation. Their technology extracts, organizes, and automates data processing from unstructured documents like invoices, contracts, and engineering drawings. They emphasize their AI learns from real-world data, improving over time. They have patented technologies like the Confidence Score Algorithm and have developed AI agents like "Ally" for audit tasks. They also mention integrating AI and LLMs across their IDP platform to understand document variations.

Tech named: Robotic Process Automation, Natural Language Processing, Image Classification, Data Extraction, OCR, Machine Learning, Artificial Intelligence, Intelligent Data Capture, Intelligent Document Processing, Intelligent Data Processing, AI-powered platform, AI-driven automation, AI agents, Patented Confidence Score Algorithm, ML-OCR Models, Agentic AI, LLMs integration, GenAI

Industries served

• Insurance
• Mortgage
• Real Estate
• Engineering
• Logistics
• Accounting
• Construction
• Manufacturing
• Financial Services
• Food Processing
• Global Business Services

What it says sets it apart

• 100% accuracy with no human intervention (No-Touch Processing)
• Patented Confidence Score Algorithm for reliability
• Performance-based pricing (pay for results)
• Tailored for specific industry needs
• Over a decade of experience in the field
• Ability to handle messy, unstructured documents that traditional OCR tools cannot
• Learns from real-world data for continuous improvement
• Automates entire workflows, not just data extraction
• High ROI (up to 80% in weeks)
• Dedicated 24/7 support
• SOC 2 Type II and GDPR compliant
• Agentic AI (Ally) for audit teams, pre-trained with deep mortgage knowledge
• Ability to adapt to custom lender overlays and standard guidelines
• Explainable AI that shows the 'why' behind decisions
• Eliminates inconsistent or biased reviews