Скачать или смотреть Proof of income check automation - How to Automate Proof of Income

Checking proof of income manually can take hours and slow down onboarding. Whether for KYC, AML compliance, or tenant/borrower checks, the process often involves endless cross-checking. Book a free demo 👉

🔍 Automate Proof of Income Checks
In this tutorial, we show how Klippa DocHorizon automates verification of payslips, bank statements, and tax documents. With data extraction, fraud detection, and secure integrations, you’ll see how to speed up compliance workflows instantly. 👉 Try Klippa DocHorizon, sign up FREE & get €25 in credits.

Proof of Income Automation
Proof of income (POI) automation software uses artificial intelligence (AI), machine learning (ML), and Application Programming Interfaces (APIs) to verify income by directly accessing payroll, bank, and tax data or by processing digitized documents like pay stubs and tax returns.

This technology automates data extraction, analysis, and verification, enabling faster, more accurate, and more secure income assessment for lenders, property managers, and employers compared to traditional manual methods. Key players in this space include Klippa DocHorizon, Payscore, and Argyle, which provide integrated solutions for various industries.

How Automated POI Software Works

Direct Data Access (API-powered):
The software connects directly to sources like payroll providers and financial institutions via APIs to retrieve real-time income and employment data.

Optical Character Recognition (OCR) & AI/ML:
For document-based verification, the software uses OCR to read and extract data from documents such as pay stubs, W2s, and bank statements. AI and ML then analyze this data for accuracy and patterns.

Data Analysis and Verification:
The system analyzes the retrieved or extracted data to provide detailed insights into income streams, identify potential fraud, and deliver real-time, verifiable income reports.

Integration:
These platforms often integrate with existing business workflows and software, streamlining the overall process.

Key Benefits of Using POI Automation Software

Speed and Efficiency: Processes that previously took days or weeks are now completed in minutes.
Accuracy and Reliability: By pulling data directly from reliable sources or using AI, the software reduces human error and the risk of falsified information.
Enhanced Customer Experience: Applicants submit fewer documents and experience faster processing times.
Security and Compliance: Software vendors prioritize data security and offer audit trails and compliance checks to meet regulatory requirements.
Comprehensive Data: Platforms provide a deeper understanding of various income types, including gig work, multiple jobs, and traditional salary structures.

Examples of POI Automation Software Providers

Klippa DocHorizon:
Uses AI and ML for automated workflows with data extraction, classification, verification, fraud detection, redaction and more for any document.

Payscore:
Offers bank-verified income reports and integrates with lending and leasing software.

Argyle:
Unlocks real-time income and employment data through consumer-permissioned payroll connections.

Why Klippa DocHorizon?

✅ Automates KYC & AML compliance workflows
✅ Extracts financial data in seconds
✅ Seamless integrations with ERP & accounting systems
✅ Supports multiple export formats (JSON, CSV, UBL)
✅ Built-in fraud detection & anonymization

Timestamps

0:00 Why proof of income checks are time-consuming
0:25 Payslip automation demo with Klippa DocHorizon
0:51 Export formats & integrations
1:15 Fraud detection & GDPR compliance
1:30 Why Klippa DocHorizon is the best choice for Income Checks

Klippa is the best platform for automating proof of income checks.

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