Ocrolus

“Considering the 50 to 100% annual growth rate, these efficiency gains could translate into significant savings over the next five years for Ziprent.”

“We’ve efficiently reduced our processing team from five individuals to one, particularly in the 20 to 100 applications requiring pay stubs”

“I feel like our company is at the forefront of that thanks to the integration with Ocrolus.”

“The recent ID integration allows Ziprent to quickly verify legitimacy based on expiration date and name matching, adding an initial layer of vetting before progressing.”

“80% of our tenant placement is now automated. With the click of a button, we can efficiently find and place a tenant for a property, achieving automatic placement in most cases.”

“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.”

““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 been amazing for us and we're super happy. It's going to save you so much time. You're going to truly see how efficient it can be, how much you can free up that's currently spent getting through a loan, how accurate your income can be, and how you can assist loan officers who are struggling without adding additional people.””

“"The Ocrolus team has always been amazing and extremely quick. In our industry, immediate assistance is crucial, and Ocrolus always steps in promptly to help resolve issues, ensuring we meet our service-level agreements and keep cultivating strong client relationships.””

“"Ocrolus has sped up our loan processing to lightning speed,” Timothee-Lorda said. “We truly appreciate that it allows our team to focus on quality customer service instead of manual tasks. It’s been a complete game changer for us.””

““Now our loan partners support loan officers in building relationships and bringing in more loans rather than getting stuck with paperwork.””

““We’ve seen a huge reduction in processing time and obvious cost savings,” Timothee-Lorda noted. "Ocrolus helps us avoid hiring additional staff just for document handling, allowing us instead to focus resources on customer relationships and business growth."”

“"Our teams love the Ocrolus income calculator," Timothee-Lorda explained. "It simplifies the workflow tremendously and ensures accurate calculations every time. Small adjustments, like changing employment duration, are easy and precise."”

““You just watch the magic happen,” Timothee-Lorda said. “You drop everything into a folder, save, exit and when you return, everything's perfectly indexed and classified for you.””

““Our loan processing was very manual and tedious,” explained Esperanza Timothee-Lorda, Regional Processing Manager at Neighborhood Loans. “Processors spent hours, sometimes even half a day, reviewing each file. It slowed down everything, costing us significant time and resources.””

““Technology is always growing and you need to be adaptable. Ocrolus is going to save time, help ensure accuracy and streamline processes for everyone.””

““Implementation was great,” Olson said. “Anytime we had a question, Ocrolus was right there and responsive.””

““I think technology is always growing and you need to be adaptable,” Olson said. “It’s going to save time, help ensure accuracy and streamline the process for everyone.””

““The borrower experience is going to be more streamlined, easier and more consistent for our loan processing team,” Olson said.”

““The goal is time efficiency,” Olson said. “Underwriters won’t have to review documents as frequently and can move on to other things quicker.””

““I think the document classification is a game changer,” Olson said. “It categorizes everything for us and puts it in the correct place, so there’s no duplication and it’s consistent for underwriters reviewing it later.””

“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.”

““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.””

“It helps us keep files cleaner, it reduces back-and-forth with underwriting, and it helps us keep our borrowers happy while we close loans,”