# InferIQ

> InferIQ is Idexcel’s AI document-processing platform for banks, lenders and financial software providers. It extracts and standardizes information from bank statements, financial statements and tax returns, adds financial analysis, and delivers structured output to lending workflows. Cync Software is a named customer in vendor case studies.

- **Founded:** 2023
- **Headquarters:** Herndon, United States
- **Products:** Bank Statement Analysis / InferIQ BSE, Financial Statement Processing, Tax Return Processing, Classification, Redaction and API Integration, Banking Intelligence / Prism
- **Notable:** Rebranded from Idexcel AIDE on July 24, 2023., AWS Marketplace availability announced November 20, 2023., InferIQ BSE AWS Marketplace availability announced May 29, 2025.

## Products & services

- **Bank Statement Analysis / InferIQ BSE** — Extracts bank and credit union statement data; current positioning adds cash flow analysis, financial metrics and fraud signals. The bank statement extractor was announced on AWS Marketplace with pay-as-you-go access in May 2025.
- **Financial Statement Processing** — Extracts balance sheets, income statements and cash flow statements; maps borrower terminology to standard accounting labels and calculates ratios, with human review.
- **Tax Return Processing** — Extracts form fields, tables and checkbox content from US tax forms into structured output for financial workflows.
- **Classification, Redaction and API Integration** — Classifies document content, redacts sensitive information and connects structured output to third-party systems.
- **Banking Intelligence / Prism** — The current website promotes transaction-based insights and product recommendations for banks; detailed technical scope is not independently established.

## Achievements

- Rebranded from Idexcel AIDE on July 24, 2023.
- AWS Marketplace availability announced November 20, 2023.
- InferIQ BSE AWS Marketplace availability announced May 29, 2025.
- A vendor Cync financial-spreading case study reports an 80% reduction in mapping and extraction time.
- A vendor AP/AR case study reports successful processing of over 70% of unseen AP/AR data in 5-10 seconds.

## Latest updates

- **2025-05** — Idexcel announced InferIQ BSE availability on AWS Marketplace with pay-as-you-go access and a visual human-review feature.

## Links

- Website: https://www.inferiq.ai/
- LinkedIn: https://www.linkedin.com/company/inferiq/
- Twitter/X: https://x.com/inferiq_ai
- Facebook: https://www.facebook.com/InferIQ

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Profile page: https://yespress.io/inferiq
Published by YesPress — https://yespress.io
Last updated: 2026-10-21