“Ocrolus serves as a synergistic plugin for RPA, combining artificial intelligence and crowdsourced validation to analyze financial documents. We’re pleased to partner with Ocrolus on a common mission to drive automation and reduce manual processes.”
“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."
“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."
"Inspect will save you a lot of time. It will save you pain while the file is moving along. We can have team members who are the best at what they do, and they've been doing it for years. You're still gonna miss something. It's gonna save you time, for sure.”
"Ocrolus has been amazing for us and we're super happy. It's going to save you so much time. You're going to truly see how efficient it can be, how much you can free up that's currently spent getting through a loan, how accurate your income can be, and how you can assist loan officers who are struggling without adding additional people.”
“Ocrolus has been so easy to work with; we’ve been able to scale Operations by implementing Ocrolus.”
"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."
“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.”
"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."
"The analytics we receive from Ocrolus make the underwriting process seamless, and we get credit decisions in significantly less time.”
“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.”
"Ocrolus has streamlined the process by implementing tag capabilities. This ensures consistent income calculations across different employees, eliminating potential discrepancies that may arise when manually determining what qualifies as income. With the tag functionality, everyone follows the same standardized method, resulting in accurate and uniform income calculations.”
"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 needed to ensure the legitimacy of the statements we received, especially with the rising incidents of fraud.”