40 Ocrolus Testimonials

"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."

"Ocrolus helps us provide preliminary approvals more quickly, saving our underwriters, partners and prospects precious time.”

“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.”

“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.”

“Humans make errors. It happens all the time; humans cannot always decipher what is relevant and not relevant; humans get tired.”

“The impact of Ocrolus on our organization, and most notably to the underwriting department, has been nothing short of tremendous.”

"Ocrolus has enabled small business owners to get an offer that much quicker, and it's really helped secure our underwriting processes.”

"Ocrolus has revolutionized our application process by successfully reducing our processing team from five individuals to one, particularly in the 20 to 100 applications requiring pay stubs. Considering the 50% to 100% annual growth rate, these efficiency gains could translate into significant savings over the next five years.”

“Ocrolus elevated our bank statement capabilities to the next level.”

"We’d have to get six months of bank statements and use a highlighter to determine what we’re adding and what we’re not. It was a difficult process with a lot of inconsistency from one staff member to another."

“Maintaining customer service standards with manual data review at the beginning of the process was proving expensive."

“One of the ways that we’re able to service clients best is to mitigate fraud, because the more fraud you have, the higher costs are, the harder it is to service your clients. So with Ocrolus, we have automation, efficiency and fraud prevention.”

“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."

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