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"Using Ocrolus’ Cash Flow Analytics reduces manual calculations and develops analytics that improve future underwriting decisions.”
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“We saw in Ocrolus this magical technology.”
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"It created inefficiencies that impacted our ability to scale."
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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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“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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"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."
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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 …
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"We're enhancing the Blend platform with Ocrolus' automated, accurate document classification and data extraction capabilities. Our partnership with Ocrolus enables us to swiftly deliver time-saving innovations to our customers.”
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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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"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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"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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"The analytics we receive from Ocrolus make the underwriting process seamless, and we get credit decisions in significantly less time.”
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"We believe in spending our money in smart ways, and Ocrolus has proven to be a very good buying decision.”
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"Every underwriter reviewed every document for every customer, it was tedious and took a long time."
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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.”