NEW YORK and MALVERN, Pa., March 25, 2025 /PRNewswire/ — Ocrolus, a leader in AI-driven document automation and analysis for financial services and Entech, a global digital consultancy, today announced a strategic partnership to transform the lending application process. By combining Ocrolus’ intelligent document processing technology with Entech’s loan origination platform and technology services, lenders can accelerate application reviews, automate manual steps and improve data accuracy.
“Lenders today need speed, accuracy and integrated risk controls to remain competitive,” said Angel Carra, Chief Operations Officer at Entech. “Through our strategic partnership with Ocrolus, we bring valuable efficiency gains to loan providers. Leveraging Ocrolus’s high-quality, AI-powered data extraction, our loan origination platform empowers lenders to process applications faster, reduce operational friction, mitigate risk and streamline the borrower’s experience with a seamless and reliable workflow.”
“Organizations looking to harness AI and automation need more than off-the-shelf solutions—they need purpose-built integrations that align with their unique workflows and compliance needs,” said Zach Haehn, Chief Technology Officer at Ocrolus. “Our deep expertise in developing financial AI applications allowed us to build a solution with Entech that not only enhances operational efficiency but also strengthens compliance and risk mitigation—giving lenders a clear competitive edge.”
Lender achieves substantial time savings
By partnering with Ocrolus, Entech helped a lending client streamline its loan origination workflow. Previously reliant on manual reviews for more than 30,000 applications annually, the client’s process was transformed by Entech’s utilization of Ocrolus’ AI-driven document automation for employment and income verification. This solution increased the team’s efficiency by over 60% for average document processing time.
Delivering smarter, faster loan processing
The Ocrolus and Entech partnership brings advanced document verification automation to loan processing with:
- AI-powered income verification – Automates extraction and validation of W-2 and pay stub data, removing time-consuming manual reviews.
- Accelerated processing times – Reduces document processing time by approximately 60% per application, reducing operational costs, improving scalability and enabling faster loan approvals.
- Enhanced validation and risk mitigation – Intelligent fraud detection signals and robust error handling minimize risk and improve decision-making confidence.
- Built-in security and compliance – Integrated security controls ensure end-to-end data integrity, meeting rigorous compliance standards while providing a future-proof foundation for loan processing automation.
Building on this collaboration, Ocrolus and Entech plan to expand their partnership by introducing additional document types and automation capabilities, extending efficiencies across new product lines and lending workflows in the financial services industry.
About Ocrolus
Ocrolus is an AI-powered data and analytics platform that enables financial institutions to make faster, more accurate decisions. The company analyzes documents with over 99% accuracy regardless of format or quality, supporting a wide variety of document types including bank statements, pay stubs and tax forms. Ocrolus provides over 500 customers with a trusted solution to classify documents, analyze cash flows and income and detect fraud. To learn more visit Ocrolus.com.
About Entech
Entech is a digital consultancy that partners with businesses to drive transformation across their organizations. With a full breadth of consulting capabilities spanning strategy, architecture, product engineering, AI, data and managed services, they work with leading companies across sectors such as financial services, manufacturing, industrials, health sciences, state agencies, utilities and consumer goods and services. They are headquartered in Malvern, Pennsylvania with offices around the world. For more information visit www.entech.com.
SOURCE Ocrolus