The real estate market is experiencing unprecedented changes due to the ever-increasing speed in the buying and selling processes and the emergence of new digital communication channels that govern the management of contracts and other necessary documents. Circular helps real estate agencies process all incoming information faster and more reliably, making it possible for them to automate internal processes and provide faster and more relevant responses to customers.
A series of use cases has been developed to automate the processes of scanning, rendering, extraction and distribution of all documents required by supply contracts, allowing us to make document processing more efficient in order to offer better service and achieve greater earnings.
In order to finalize a sales contract, it is necessary to ensure the completeness of the data of the parties involved. The accuracy of the extraction and processing of data from identity documents is essential to make the opening and closure processes of these agreements fluid and as quick as possible. The complexities inherent in this process differ, such as the need to reconcile parts of separate documents sent at different times.
Circular streamlines the process of compiling master data by automatically reconciling and classifying documents and then quickly extracting the data necessary for management process of the main contracts with fast and secure transactions. In particular, Circular is able to automatically recognize and index the following identity documents:
- Electronic Driving Licenses
- Health Insurance Cards
- Electronic Identity Cards
- Paper-format Identity Cards
Certified and Regular E-Mail Document Management
Increasingly, the certified e-mail channel is used to manage communications and send documents between sellers, buyers and public and private institutions involved in contractual processes. The management of documents received through these channels entails a series of important complex issues that are almost always handled by operators.
Using sophisticated semantic recognition technologies, Circular makes it possible to efficiently manage certified and regular e-mail channels, by automating the 5 phases of the process:
- Data ingestion of certified and regular e-mail content and attachments
- Normalization of content in PDF format
- Automatic classification
- Automatic indexing
Detection of Signatures and Check Marks
All sales contracts need to be checked to ensure that a signature has been placed in the space provided and that a check mark has been placed in the appropriate box on each document Currently, these processes often entail a bottleneck because they are managed by operators.
Real Estate Valuations
Automation of the valuation process of real estate portfolios by processing of the estimate. Recording of property identification information and description.
Assessment of Contractual Conditions
Identification of particular clauses in loan documents to facilitate the processes of regulatory compliance and revision of the loan conditions.
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