"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."

"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 …

“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.”

"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 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."

“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.”

"Every underwriter reviewed every document for every customer, it was tedious and took a long time."

“Ocrolus elevated our bank statement capabilities to the next level.”

“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 …

"Ocrolus helps us provide preliminary approvals more quickly, saving our underwriters, partners and prospects precious time.”

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

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

"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.”

"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.”