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"Using Ocrolus’ Cash Flow Analytics reduces manual calculations and develops analytics that improve future underwriting decisions.”
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“Building BlueVine’s risk infrastructure is an iterative process. It has helped us steadily expand our reach in unprecedented times, making us stronger, smarter, and even faster in financing small businesses.”
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“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.”
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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.”
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"In a recent case with a family member acting as power of attorney for an elderly relative, Ocrolus was phenomenal in converting a year’s worth of the victim’s bank statements into an Excel spreadsheet, so I could discover several large, questionable purchases. The impeccable accuracy is also critical because this …
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“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.”
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"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."
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"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.”
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“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."
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“Ocrolus has been so easy to work with; we’ve been able to scale Operations by implementing Ocrolus.”
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"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.”
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“Maintaining customer service standards with manual data review at the beginning of the process was proving expensive."
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“We saw in Ocrolus this magical technology.”
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"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.”
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"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 …