Uploaded Document Parsing
Just in time for tax season, we've added W2 and paystub document parsing to our document upload UI. This will help your team process applications more quickly and accurately.
When a W2 or paystub is uploaded by an applicant, we'll parse the document and pull out additional identity and employment information. We will also pull out the amounts for the applicant's income information.
The parsed documents are in available in the finance tab of the applicant's profile so your underwriting team can review the information next to the applicant's other financial information.
We are excited about this update and will be rolling out document parsing to other uploaded document types in the future.