Streamline Valuation Report reviews using AI-powered DocuMine, saving time and improving efficiency.
What is DocuMine?
DocuMine eliminates the tedious task of manually searching through large volumes of documents. You can ask specific questions to receive precise answers. DocuMine automatically suggests answers to your questions and creates references to the relevant numbers, text, or sentences.
By replacing manual work with AI, users can focus on reviewing and validating data while staying in full control.
Why use DocuMine for Valuation Report reviews?
Valuation Report reviews require thorough verification of financial data, methodologies, and key assumptions. Manually extracting and validating this information can be time-consuming and error-prone, leading to inefficiencies and potential inaccuracies in financial assessments.
DocuMine transforms how Valuation Report reviews are conducted by offering:
Time savings: Automates manual searches, enabling faster results.
Consistency: Provides a structured and uniform approach to reviewing Valuation Reports.
Traceability: Links answers directly to their source with Snips, ensuring transparency and accuracy.
Pre-requisites
DataSnipper v6.2 or later
User Management enabled in Admin
Accelerate or Elevate DataSnipper package
Access to the internet
Video tutorial
What the video covers
The video walks through a Valuation Report review in DocuMine: preparing the reports, defining questions in Excel, running DocuMine, and validating the AI-generated answers against their source Snips.
Example workbook
An example workbook for Valuation Report review is shown in the video, including all of the listed questions and source documents.
Step-by-step guide
Step 1: Prepare your Valuation Reports
Upload your Valuation Reports to DataSnipper.
Use the Import or Organize buttons to ensure your documents are ready for processing.
Step 2: Define your questions
Write down the specific questions you need answers to in your Excel sheet. Examples include:
What is the purpose of the valuation?
Who conducted the valuation?
Are they a certified appraiser?
Refer to example workbooks for common Valuation Report review questions, if available.
Step 3: Open DocuMine
Click the DocuMine icon in the DataSnipper ribbon in Excel.
The DocuMine pane will appear on the right side of your screen.
Step 4: Select your input questions
Highlight or select the questions you have written in your Excel sheet.
Click Next in the DocuMine pane to proceed.
Step 5: Select your source documents
In the DocuMine pane, select the Valuation Reports you want to search.
Click Start to begin the DocuMine process.
Step 6: Start your review
Once DocuMine completes the process, click Start Reviewing to review the AI-generated answers in Excel.
Each cell will contain the answers found in the document, along with Snips referencing their source for easy verification.
Step 7: Validate and save
Confirm the accuracy of each answer by reviewing it carefully:
If the answer is correct, click Approve to save it in the designated cell. Approved answers will turn into pink Snips, confirming your review is complete.
If the answer is incorrect, click Reject to discard it. Rejecting an answer removes both the incorrect answer and its associated Snips.
Use Command Bar to efficiently ask a single question in DocuMine. Command Bar is a quick-access feature designed to help you find answers instantly without interrupting your workflow. Ask a single question and search within a specific document without configuring DocuMine. To activate Command Bar, press CTRL + ALT + SPACE.
Step 8: Use Focus Mode for detailed review (optional)
Focus Mode is a dedicated interface in DocuMine designed to help you efficiently review, approve, and reject answers. It simplifies your workflow by displaying one answer at a time while providing full context from the source documents.
Left side: Displays the question, answers, and the reference to the source (Snips).
Right side (Document Viewer): Shows the source document for reference.
Approve or reject: Validate the answers by either approving or rejecting them as needed.
With a clean layout and intuitive controls, Focus Mode ensures you can concentrate on the answers without distractions.
Use shortcuts to speed up your review: X to reject an answer, V to approve an answer, and the arrow keys to navigate between answers.
Simple yet efficient reviews
Reviewing Valuation Reports with DocuMine is fast, efficient, and reliable. By automating searches and linking answers to their sources, DocuMine allows you to save time, ensure accuracy, and focus on what matters most: reviewing evidence.