Solifi launches AI-driven document verification tool
System reduces verification time by up to 70%
Solifi has launched an AI-driven document verification tool aimed at improving efficiency for auto and equipment finance lenders.
The Minneapolis-based secured finance software provider introduced Solifi Document Intelligence, a feature within its originations platform, according to today’s company release.
The technology uses agentic AI to review and validate documents during the lending process, according to the release. The system can reduce the time spent on document verification by up to 70%, enabling lenders to move applications from approval to funding more quickly and efficiently.
The system also includes the option to review and override automated decisions when necessary, with all actions logged in an audit trail designed to support compliance requirements. The platform also provides real-time analytics on verification outcomes and workflow bottlenecks, allowing lenders to refine processes and improve performance.
The launch reflects Solifi’s broader push to integrate intelligent automation across its secured finance software offerings, according to the release.
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