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Processor vs document processor

The differences between processors and document processors can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-12 months to become both a processor and a document processor. Additionally, a document processor has an average salary of $32,730, which is higher than the $32,098 average annual salary of a processor.

The top three skills for a processor include data entry, customer service and patients. The most important skills for a document processor are data entry, quality standards, and real estate.

Processor vs document processor overview

ProcessorDocument Processor
Yearly salary$32,098$32,730
Hourly rate$15.43$15.74
Growth rate-3%-
Number of jobs11,4488,761
Job satisfaction--
Most common degreeBachelor's Degree, 35%Bachelor's Degree, 35%
Average age5050
Years of experience1212

What does a processor do?

Processors are employees who deal with clients and ensure that the clients' requests are provided. Processors usually handle loans or any other related claims. They are in charge of managing the submission of the clients' rights. They communicate the requirements to clients, schedule appointments, receive requirements submitted by clients, validate the requirements, and endorse further processing and approval requirements. Processors act as the bridge between clients and other institutions. They also communicate the request's status to clients and assist should it be needed after approval.

What does a document processor do?

Document processors are professionals who are responsible for managing the documenting processes and systems of an organization. These processors are required to organize documents after they have received and processed incoming documents such as texts and audio-visual formats. They must follow the data program techniques and procedures so that they can maintain data entry requirements and ensure quality assurance with all work completed. Document processors must also adhere to companies when handling materials, especially those with confidential information.

Processor vs document processor salary

Processors and document processors have different pay scales, as shown below.

ProcessorDocument Processor
Average salary$32,098$32,730
Salary rangeBetween $24,000 And $41,000Between $26,000 And $40,000
Highest paying CityRandolph, MABoston, MA
Highest paying stateCaliforniaMassachusetts
Best paying companyArgonne National LaboratoryPfizer
Best paying industryFinanceInsurance

Differences between processor and document processor education

There are a few differences between a processor and a document processor in terms of educational background:

ProcessorDocument Processor
Most common degreeBachelor's Degree, 35%Bachelor's Degree, 35%
Most common majorBusinessBusiness
Most common college--

Processor vs document processor demographics

Here are the differences between processors' and document processors' demographics:

ProcessorDocument Processor
Average age5050
Gender ratioMale, 34.0% Female, 66.0%Male, 28.9% Female, 71.1%
Race ratioBlack or African American, 6.7% Unknown, 4.5% Hispanic or Latino, 10.7% Asian, 4.7% White, 72.3% American Indian and Alaska Native, 1.1%Black or African American, 6.7% Unknown, 4.5% Hispanic or Latino, 10.7% Asian, 4.7% White, 72.3% American Indian and Alaska Native, 1.1%
LGBT Percentage7%7%

Differences between processor and document processor duties and responsibilities

Processor example responsibilities.

  • Manage the project schedule and design the PowerPoint presentation.
  • Manage a monthly pipeline averaging 100 files from origination to funding per month as a Jr. processor.
  • Coach fellow team members to help attain higher QA and assist with CANDE questions to ensure efficiency.
  • Manage the ordering of homeowner's association estoppel letters for payoffs; as well as surveys and clear lien searches.
  • Obtain title policies and process title claims to expedite REO closings and obtain clear title to properties in numerous states.
  • Mail clerk, stamp, open, count mail and match checks with EOB 's
  • Show more

Document processor example responsibilities.

  • Manage a monthly pipeline averaging 100 files from origination to funding per month as a Jr. processor.
  • Summer internship, FHA loan processing
  • Used WordPerfect in windows environment.
  • Scan responses using an OPEX scanner.
  • Enter vehicle data into the AS400 system.
  • Prep, scan and index documents using OnBase.
  • Show more

Processor vs document processor skills

Common processor skills
  • Data Entry, 19%
  • Customer Service, 18%
  • Patients, 11%
  • Standard Operating Procedure, 6%
  • Strong Customer Service, 5%
  • Bank Deposits, 5%
Common document processor skills
  • Data Entry, 51%
  • Quality Standards, 7%
  • Real Estate, 5%
  • Computer System, 4%
  • Office Equipment, 4%
  • Clerical Tasks, 2%

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