auto loan

Outdated manual processes slow your progress

Document verification, data entry, dealer communication—all done via manual processes—drive up overhead costs, consuming time, and resources. Delays during document review, validation, decision-making, and transportation prolong turnaround times, impact relationships with customers and auto dealers, and reduce overall efficiency.

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Deliver an automation advantage unlocking speed and precision for faster funds and happier auto dealers
  • 9-15%

    Jump in operating profits with automated banking processes

    Source
  • 30-40%

    Hours saved with AI-based extraction techniques

    Source
  • 52%

    Reported in 2022 that more than 5% of their digital budgets went to AI

    Source

Use AI-driven automation in auto lending workflows to streamline processes for applications, underwriting, funding, and servicing with Iron Mountain's Digital Auto Lending solution.

This demo highlights how AI agents automate completeness and consistency checks, extract key data, and provide decision support to accelerate loan processing and improve accuracy.

Why choose Iron Mountain Digital Auto Lending solution

Auto financers are increasingly in need of automated and integrated funding processes that streamline their work with auto dealers, third-party systems, and internal bank loan systems. Digital processes using intelligent document processing (IDP) are attractive for their ability to assist in managing compliance risk by providing accurate, auditable records and processes.

A modern digital process can help you:

The evidence is in the outcome

A large North American bank chose Iron Mountain’s managed services to handle document ingestion, data extraction and storage of incoming auto loans. We handle 600k - 1M loans annually, helping resolve compliance issues and improving time to revenue by 4x.

A top 5 credit union hired Iron Mountain to handle the back office processing of all its mortgage back office activities. Handling over 2M monthly documents, we intake daily documents, classify images, extract and validate data, handle exception management and deliver images via application programming interfaces.

Source: Internal documentation from work with Iron Mountain customers. Results may vary.

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Global Strategic Partners

Our digital solutions are cloud-agnostic with marketplace availability. We collaborate with top cloud providers for easy integration into your existing IT infrastructure.
Iron Mountain InSight DXP is available on the AWS, Google Cloud, and Microsoft Azure Marketplaces.

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