“Maintaining customer service standards with manual data review at the beginning of the process was proving expensive."
"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.”
“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.”
"Every underwriter reviewed every document for every customer, it was tedious and took a long time."
“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 analytics, from a cash flow perspective.”
"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 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."
“We saw in Ocrolus this magical technology.”
“We needed to ensure the legitimacy of the statements we received, especially with the rising incidents of fraud.”
"The analytics we receive from Ocrolus make the underwriting process seamless, and we get credit decisions in significantly less time.”
"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."
“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.”
"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.”