40 Ocrolus Testimonials

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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.”

  • "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.”

  • “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.”

  • “Maintaining customer service standards with manual data review at the beginning of the process was proving expensive."

  • “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.”

  • “We saw in Ocrolus this magical technology.”

  • “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."

  • "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."

  • "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.”

  • “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.”