Automating Income Taxes With Document AI - aster.cloud

Lending Document AI is a Document Understanding solution that allows for classification and parsing of documents commonly used in the mortgage lending industry. The data in these unstructured files is then converted into a structured format, which can be stored in a database or used for analysis and calculations. You can read more about the product in the announcement blog post. This sample application creates an automated pipeline where the user can bulk upload a collection of PDFs, the Lending Document Splitter & Classifier will classify each document and send each PDF to the appropriate specialized parser to extract the data, which can then be used to calculate an individual tax return and fill out a 1040 Form. Let's explore how this application works.