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Automate Form 8825 Data Extraction Process Through MonJa’s Smart Scan Technology

Use MonJa’s automated data extraction platform to process the IRS Form 8825 efficiently with better accuracy.

Our AI-enabled platform not only helps you in avoiding all the possible human errors but also allows you to speed up the data extraction and processing by 70%.

Problem

Form 8825 is an important taxation document used for reporting income generated from and expenses incurred on rental real estate, owned either by a partnership firm or by an S-corporation. Many organizations use this form to receive certain tax benefits.

Form 8825 forms an important part of the US financial sector and is of much utility for many organizations of the sector. But processing these forms manually may consume multiple working hours and involve high chances of human errors.

Solution

MonJa’s Smart Scan Technology allows its users to automate the task of extracting data from 8825 forms. This allows the users to increase their productivity, save multiple working hours and avoid any chances of human error while processing forms.

Fields that are extracted through MonJa’s Smart Scan

Below mentioned are the different fields that can be added, deleted, or moved automatically with the help of MonJa’s Smart Scan Platform

Basic Details

Income Details

See How Your Institution Can Benefit From MonJa Underwriting Automation

70%

Reduction in document collection and processing time

20%

Increase in Loan Origination Volume

40%

Decrease in Loan Processing Duration

MonJa’s Smart Scan Workflow

Document Upload

Image pre-processing

Classification

Automated Scanning

Financial Ratios

Interested to find out if MonJa’s underwriting automation platform is a fit for your organization?

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MonJa provides highly-advanced intelligent document automation, document management, and underwriting for financial institutions.

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