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Vaultedge Software

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Company Overview



Vaultedge Software specializes in providing advanced AI-driven document processing solutions focused on multiple industries, including mortgage, insurance, and banking. Its platform leverages large language models (LLM) and generative AI to automate and streamline document processing tasks such as data extraction, validation, and compliance, drastically reducing manual effort and processing time.

Key Features


  • AI OCR & Lending APIs: Automates document recognition, data extraction, and validation across sources.

  • LLM Based Document AI: Enhances underwriting decision-making.

  • GenAI Chatbot: Provides human-like Q&A responses extracted from documents.

  • Digital Lending APIs: Facilitates real-time loan approvals by automating financial verification and credit appraisal.

  • Integration: Seamlessly integrates with leading loan origination systems (LOS) like Ellie Mae Encompass, Calyx, and Black Knight Empower.


Performance Metrics


  • 50% reduction in manual effort.

  • 5x faster document processing.

  • 70% improvement in cost to close.

  • 80% productivity improvement in document processing teams.

  • 99% accuracy, improving with usage.


Data Security


  • SOC II Compliant: Ensures stringent cybersecurity and data governance.

  • Zero Downtime: Supported by a robust software architecture with business continuity and disaster recovery framework.


Leadership Team



Murali Tirupati - Co-Founder & CEO


  • Experience: Over 20 years in enterprise software consulting and sales.

  • Education: MBA from the Indian Institute of Management, Ahmedabad; BS in Electronics & Communications Engineering from NIT, Trichy.

  • Role: Leads strategic direction and business growth for Vaultedge.


Sajeev Aravindan - Co-Founder & CTO


  • Experience: Over 15 years in software product development at companies like Netapp and HP.

  • Mission: Focused on building transformative products for the mortgage industry.

  • Role: Oversees technology advancements and product architecture.


Product Portfolio



Doc AI


  • Functionality: Automates the classification, extraction, validation, and generation of decision insights from both structured and unstructured documents.


GenAI Chatbot


  • Functionality: Uses generative AI to answer questions directly from document datasets, providing detailed explanations akin to human responses.


Digital Lending APIs


  • Functionality: Automates financial verifications and credit appraisals, enabling real-time loan approvals.


Partnerships and Achievements


  • Sutherland Partnership: Jointly transforming the mortgage industry by delivering full lifecycle mortgage operation solutions.

  • SOC 2 Type I Certification: Validates Vaultedge's commitment to data security and operational excellence.


Client Testimonials


  • Michael Kittyle, CIO, BSI Financial Services: Lauds Vaultedge's automation capabilities in indexing loan documents, which has significantly increased operational efficiency.

  • SVP, Record Services, Top Mortgage Servicer: Credits Vaultedge for saving 80% of post-close audit process time, improving "Time to Close" and "Cost to Close" metrics.


Resources and Insights


  • Mortgage Vault Podcast: A podcast for industry professionals to stay updated on mortgage market trends.

  • Insights and Case Studies: Detailed case studies and white papers focused on document automation and industry insights.


Notable Events


  • MBA Annual 24: Vaultedge will be present, showcasing their solutions.


Contact Information



  • Contact: sales@vaultedge.com | +1 254 354 2540 (US Office)

  • LinkedIn Profiles:




By leveraging Vaultedge's advanced AI capabilities, organizations can significantly streamline their document processing workflows, achieve higher accuracy, and improve overall operational efficiency.

Competitor Profiling for Vaultedge Software



Overview



Vaultedge Software is a notable player in the document automation and loan origination industry. Understanding the competitive landscape is crucial to effectively positioning Vaultedge’s offerings. Below, we detail significant competitors, providing insights into their products, functionalities, and market positioning.

Key Competitors



1. LendingPad


LendingPad is highlighted as a top alternative to Vaultedge for loan origination platforms. Known for its robust mortgage loan origination software, LendingPad emphasizes streamlined workflows and enhanced operational efficiency.

Key Features:
  • Advanced loan origination system (LOS)

  • Integration with various third-party services

  • Compliance management


2. Ocrolus


Ocrolus stands out for its AI-driven document automation platform, excelling in generating high-accuracy financial data for lending decisions. Ocrolus is noteworthy for its fraud detection and income analysis capabilities.

Headquarters: New York
Founded: 2014
Employees: 201-500
Customers: CrossCountry Mortgage, Better Mortgage, PennyMac Financial Services
Key Features:
  • Document classification

  • Data extraction and validation

  • Risk management tools


Notable Achievements:
  • Recognized as one of the best large companies to work for in New York

  • Best CEO 2022 by Business Insider


3. Docsumo


Docsumo specializes in converting unstructured documents into structured, actionable data. Its platform is user-friendly and focuses on high efficiency and accuracy.

Headquarters: New York, US
Founded: 2019
Employees: 51-200
Key Products: Intelligent Document Processing Software
Notable Features:
  • Unstructured data processing

  • AI and machine learning integration

  • High accuracy in data extraction


4. Kofax (formerly Tungsten Automation)


Kofax provides comprehensive intelligent workflow automation solutions and has a strong presence in digital transformation and document automation.

Founded: 1985
Employees: 2,100 in 32 countries
Key Features:
  • AP and invoice workflow automation

  • Document security and compliance

  • Extensive integrations with ERP, RPA, and BPM systems


Customer Base:
  • 25,000+ customers worldwide

  • Serving 8 out of 10 top global banks and 7 out of 10 top global insurers


5. Subtl.ai


Subtl.ai is a cognitive AI search platform aimed at managing vast amounts of text and documents. It integrates seamlessly with existing systems and provides high-accuracy data retrieval.

Key Features:
  • AI-powered search and document analysis

  • High data security and privacy standards

  • Effective for large-scale data management


Market Position:
  • Well-suited for enterprises requiring secure and accurate data extraction


6. Ephesoft


Ephesoft, now part of Kofax, offers intelligent document processing solutions that focus on capturing and classifying data to enhance operational efficiency.

Founded: 2010
Key Products: Ephesoft Transact
Notable Features:
  • Invoice processing

  • Mailroom automation

  • Customer onboarding

  • Support for handwriting extraction


Customer Feedback:
  • High satisfaction due to improved productivity and data visibility


Competitive Insights



Market Trends:
  • Increasing demand for AI-driven document automation

  • Emphasis on data security and compliance

  • Need for high-accuracy data extraction and validation


Strategic Positioning:
Vaultedge can emphasize its competitive edge in providing integrated loan origination and document automation solutions with a focus on efficiency, compliance, and improved customer experience.

Potential Opportunities:
  • Highlight superior accuracy and speed in data processing

  • Showcase successful customer case studies and ROI improvements

  • Expand integration capabilities with popular third-party services