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The addition of OpenAI GPT embeddings strengthens Ocrolus' ability to process semi-structured and unstructured documents, such as bank statements, paystubs and mortgage applications, without human involvement. Integrating GPT embeddings from OpenAI further cements the company as a leader in creating best-in-class automation solutions for small business, mortgage and consumer lenders.
"Ocrolus' AI technology has transformed our lending business," said Ocrolus customer and Head of Operations Strategy & Enterprise Projects at Kapitus, Murugappan Chettiar. "The automation and accuracy have saved us many hours of manual work and drastically reduced errors in our lending decisions. It's been a game-changer for us, allowing us to handle more loan applications without sacrificing accuracy or speed."
