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ease
features
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support

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Description

Enhance and simplify the loan forgiveness process of the CARES Act Paycheck Protection Program (PPP) to more effectively assist small businesses. ALFA, utilizing the capabilities of Nirveda Cognition’s Document-to-Dashboard platform, harnesses Artificial Intelligence to aid small enterprises in navigating the intricate maze of PPP loan forgiveness. Evidence Collection. Users can easily drag and drop all necessary baseline and evidence documents into our secure system. Document Intelligence. Our platform extracts all pertinent information from the evidence documents, conducts a thorough completeness review, identifies potential risks, and calculates the forgiveness amount. Forgiveness Maximizer. With comprehensive information at hand, users can determine and maximize their forgiveness potential, effectively finding the needle in the haystack of documentation. Data Portability. All relevant data is compiled to facilitate the generation of the SBA Form 3508. Imagine a world where the stress and complexity of compliance are completely removed, allowing small businesses to focus on growth and recovery instead. This innovative approach not only streamlines the process but also empowers small business owners to take control of their financial futures.

Description

As trailblazers in lending AI, TRUE generates precise data that enhances automation and streamlines every phase of the lending journey, enabling financial institutions to swiftly process loans, significantly reduce expenses and risks, and greatly enhance the customer experience. The demand for mortgages and refinancing remains robust; however, traditional technologies and protracted manual procedures can lead to closings extending from 30 to 120 days, imposing an average cost of $9,000 per settlement on consumers. Each phase of the mortgage process demands considerable knowledge work, yet the presence of non-standardized methods complicates the sharing of resulting outputs. Moreover, compliance with security and regulatory requirements makes it challenging to outsource tasks effectively. In order to meet consumer demands for quicker turnaround times, mortgage originators, insurers, servicers, and solution providers are required to minimize process friction, accelerate their workflows, and adapt their workforce as needed to respond to fluctuating workloads. By doing so, they can not only satisfy client expectations but also create a more efficient and responsive lending environment.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

No images available

Integrations

No details available.

Integrations

No details available.

Pricing Details

No price information available.
Free Trial
Free Version

Pricing Details

No price information available.
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

Nirveda Cognition

Founded

2017

Country

United States

Website

www.nirvedacognition.ai

Vendor Details

Company Name

TRUE

Country

United States

Website

true.ai/

Product Features

Mortgage and Loans

Amortization Schedule
Client Database
Closing Documents
Commercial Mortgages
Contact Management
Credit Reporting
Customer Statements
Document Management
Electronic Applications
Government Loans
Loan Origination
Loan Servicing
Pipeline Management
Pre-Qualification
Refinance Management
Residential Mortgages

Product Features

Mortgage and Loans

Amortization Schedule
Client Database
Closing Documents
Commercial Mortgages
Contact Management
Credit Reporting
Customer Statements
Document Management
Electronic Applications
Government Loans
Loan Origination
Loan Servicing
Pipeline Management
Pre-Qualification
Refinance Management
Residential Mortgages

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