“This is where Ocrolus really shines. eCommerce entrepreneurs don’t want to spend time recreating statements on other platforms if they can’t make the aggregator connection. With Ocrolus, they can easily upload bank statements, and in under two hours we have the data digitized and (more importantly) analyzed against the risk …

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

"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.”

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

“We can’t just find something off the shelf that pulls a borrower’s assets in three minutes or less. None of those products apply to us because they’re not built for our model. That’s why Ocrolus is so important. Ocrolus really puts our toolset on parity with the conforming world and …

"In the paper-heavy legal industry, manual data entry is a time-consuming task that can take days, weeks, or even months, depending on the document volume. However, with Ocrolus, all those records are swiftly converted to electronic form. Regarding cost, Ocrolus represents approximately 20% of our previous data entry expenses, resulting …

"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."

“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.”

"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."

"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."

"Ocrolus is helping us help our clients. It allows them to process more documents faster so they can then reallocate that human capital in other areas of the mortgage underwriting process that cannot be automated.”

"With the homogeneous platform that we’ve built to maximize for speed and interoperability, we were able to spring into action to better serve small businesses.”