40 Ocrolus Testimonials

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  • "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.”

  • "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."

  • “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 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.”

  • "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 …

  • "Every underwriter reviewed every document for every customer, it was tedious and took a long time."

  • "Using Ocrolus’ Cash Flow Analytics reduces manual calculations and develops analytics that improve future underwriting decisions.”

  • "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."

  • “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.”

  • “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.”