Ocrolus
RecommendedOcrolus is an AI-driven document automation software for lending that transforms documents into actionable data and insights.
December 29th, 2024
About Ocrolus
Ocrolus is a document automation software that uses AI to transform documents into digital data and analytics. It offers industry-specific solutions for small business lending, mortgage, and consumer industries. With its modern back-office infrastructure, it allows for quick data retrieval, smarter decision-making, and scaling on-demand. Ocrolus provides a range of resources including guides, a blog, customer stories, whitepapers, eBooks, videos, FAQs, and upcoming events.
Key Features
- AI-powered document processing automation
- Extracts and normalizes data from documents
- Detects fraud and suspicious activity
- Analyzes cash flow, income, and employment
- Tailored solutions for lending verticals
- Modern back-office infrastructure
Use Cases
- Small business lending: Ocrolus can be used to automate the processing of financial documents for small business loans, allowing lenders to make faster and more accurate lending decisions.
- Mortgage industry: The software can be used to extract and analyze data from mortgage documents, helping lenders to evaluate the creditworthiness of borrowers and make informed lending decisions.
- Consumer industry: Ocrolus can be used to automate the processing of consumer financial documents, such as bank statements and pay stubs, to help lenders evaluate creditworthiness and make lending decisions.
- Financial health evaluation: The software can be used to evaluate the financial health of individuals and businesses by analyzing bank data and cash flow analytics.
- Identity verification: Ocrolus can be used to establish and confirm the identity of individuals using multiple document types, such as passports and driver's licenses.
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