Ocrolus

Founded by Sam Bobley in 2014

Automate financial document analysis to enhance underwriting accuracy and speed.

Cost

Demo

Rating

★ People love it

Time to value

Quick Setup (< 1 hour)

You can use Ocrolus to automate the extraction and analysis of data from financial documents, such as bank statements, pay stubs, and tax forms, achieving over 99% accuracy. This enables faster underwriting decisions, reduces manual errors, and enhances fraud detection capabilities, allowing financial institutions to scale operations efficiently and improve borrower satisfaction.

What Ocrolus does

Extracting and standardizing data from diverse financial documentsIdentifying and flagging inconsistencies or fraudulent informationIntegrating extracted data into underwriting workflowsVerifying borrower income and employment detailsAutomating the classification and indexing of document typesGenerating audit-ready reports for compliance purposesMonitoring and managing document processing through a centralized dashboardConfiguring and customizing API integrations for specific use casesOver 99% accurate data extraction from financial documentsAutomated fraud detection for altered or manipulated filesSeamless integration with Loan Origination Systems via APISupport for a wide variety of income types including W2, 1099, gig, self-employed, and rentalHuman-in-the-loop verification for edge cases ensuring data accuracyReal-time processing enabling faster underwriting decisionsComprehensive audit trails for compliance and risk managementScalable infrastructure to handle high volumes of document processing