40 Ocrolus Testimonials

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  • “Now we process over 90 percent of our applications within 30 minutes. Processing applications within that time frame is definitely a remarkable achievement, and we were the first in the industry to do it. That was only made possible with Ocrolus.”

  • "The analytics we receive from Ocrolus make the underwriting process seamless, and we get credit decisions in significantly less time.”

  • "Underwriters had to manually rename documents and put them into the right places in the E-folder of Encompass®. It created a lot of friction before they could even begin underwriting."

  • "Before teaming up with Ocrolus, our team members spent over four hours per week manually relabeling documents and an equal or greater amount of time verifying income."

  • "We see this as the next frontier of lending innovation where full stack lending platforms like Lendflow partner with data providers like Ocrolus to enable lenders and fintechs to fully automate and optimize their entire lending operations.”

  • "We believe in spending our money in smart ways, and Ocrolus has proven to be a very good buying decision.”

  • "It created inefficiencies that impacted our ability to scale."

  • “In a world where getting better returns is front and center for CEOs and CFOs of large financial institutions, Ocrolus is a surefire way to reduce costs, improve effectiveness, and create an immutable audit trail.”

  • “When a business owner’s pizza oven breaks, they can’t afford to wait 30-45 days for a conventional commercial loan—they need funds immediately."

  • “We look at Ocrolus’ technology as one of the pillars of how we can introduce efficiencies and add additional compensating controls that are critical to scaling this platform.”

  • “The challenge was identifying how to use our own technology, develop strong partnerships and most importantly, making the integration with leading technologies as easy and simple as possible."

  • "Ocrolus unlocks data trapped on documents, addressing one of our core issues in operations: We need quality, consistency and accountability in data; this was tough to achieve with manual data entry. Ocrolus solves that problem by pulling data operationally at scale and consistently delivering quality data."

  • "We're enhancing the Blend platform with Ocrolus' automated, accurate document classification and data extraction capabilities. Our partnership with Ocrolus enables us to swiftly deliver time-saving innovations to our customers.”

  • “We saw savings of over two hours of underwriter review time per mortgage. Excelerate Capital looks beyond a single score and broadens our search to include context and adaptability. Providing our team with timely, reliable data from borrower documents means they can focus on customer service.”

  • "These two products together are great for lenders so that they really have a full suite income verification product that everybody can use."