40 Ocrolus Testimonials

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

"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.”

"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.”

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

“We saw in Ocrolus this magical technology.”

"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."

"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 in significant cost and time savings.”

"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.”

“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.”

"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 needed to ensure the legitimacy of the statements we received, especially with the rising incidents of fraud.”

“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 the GSE sector. And that means we’re outpacing most mortgage lenders.”

"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."

“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.”

"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.”