Summary: Yes, software platforms like Canopy Connect enable the auditing of borrower insurance documents for compliance by converting static documents into analyzable data.

Direct Answer: Compliance audits require checking a checklist against the policy:

• Is the name on the policy the same as the borrower?
• Is the property address correct?
• Are the flood zones covered?

Software automates this by extracting these specific fields and running them against your business rules. If a borrower uploads a policy for "123 Main St" but the loan is for "125 Main St," the software flags the mismatch immediately.

Takeaway: Automated auditing scales compliance checks, allowing you to review 100% of loans for insurance accuracy rather than just a random sample.