Ocrolus

““That change has had a real impact across our entire workflow.””

““The speed at which we can operate today is completely different than before,””

““When I think about Ocrolus, I think of it almost like a turbocharger on a car for our underwriting team,””

““What used to take four or five hours now takes about 10 minutes.””

““The Bank Statement Income Calculator has been an absolute game changer,””

““Before Ocrolus, it would probably take an underwriter four or five hours just to get through the bank statement piece alone,””

““Ocrolus has been so easy to work with; we’ve been able to scale Operations by implementing Ocrolus.””

““With the platform that we’ve built to maximize for speed and interoperability, we were able to spring into action to better serve small businesses.””

““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.””

“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.”

“Ocrolus has allowed our underwriters to process loans quicker and do those debt-to-income calculations faster. They can now do the data extraction in under seven minutes when a human alone would have taken anywhere between 20-45 minutes.”

““We are delighted with the seamless integration of Ocrolus into our Credit platform. It efficiently scans bank statements within 4 minutes to detect manipulation, and its robust data analysis capabilities are impressive. This integration saves time across Sales and Credit operations while ensuring faster and more accurate customer approvals.””

““Ocrolus has been a strong partner and has continued to innovate and improve its products over our seven-year relationship. Despite its maturity, the relationship is neither transactional nor stagnant. Ocrolus has become a staple in our workflow, reducing verification time from hours to 12 minutes.””

““Using Ocrolus’ Cash Flow Analytics reduces manual calculations and develops analytics that improve future underwriting decisions.””

““With Ocrolus, Argyle has increased applicant income verification from 60% to nearly 80%, delivering a more complete product for Argyle and greater value to shared clients.””

“"There were many times where we couldn't fulfill all of our clients' needs," Fishman shares. "Since working with Ocrolus, we're now able to fulfill a larger volume of verification requests because Ocrolus is part of the Argyle product suite."”

“"There are many use cases that we have where human-in-the-loop is very important for an extra layer of assurance. Coupled with this new technology around AI, we get very fast verification of income—and that combination has been a value-add for us."”

““This provides a more complete product for Argyle,” Fishman says, “but it also means that our shared clients receive a higher level of verification.””

““These two products together are great for lenders so that they really have a full suite income verification product that everybody can use,” explains Argyle CEO and Founder Shmulik Fishman.”

“"Ocrolus scans documents from complex self-employed income reviews and gives me an income figure. It’s wonderful. It takes me from 1 hour down to maybe 5 or 10 minutes."”

“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.”

“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 in significant cost and time savings.”

“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.”

“Detect is amazing! We have been able to save millions by mitigating risk and staying ahead of potential loan buy-backs due to fraud.”

“With the introduction of Instant, we’re already seeing significant time and cost savings in our underwriting processes. As a thriving business with application volumes growing 70% this year, increasing efficiency is a critical priority. Centralizing automation of Bank Statements through Ocrolus gives us trusted data with 99% accuracy in seconds - incomparable to anyone else on the market. Now I can focus on what matters most to me as CEO - enabling my team to deliver a positive experience and faster path to funding for the small-medium sized businesses we proudly serve.”