Ocrolus, a leader in AI-driven financial document automation, has partnered with LendSaaS, a leading Merchant Cash Advance (MCA) origination and servicing platform, to integrate powerful AI-based tools for document analysis, cash flow analytics, and fraud detection into the MCA process. This collaboration aims to enable faster, more reliable financing decisions for LendSaaS customers, enhancing efficiency and reducing the need for manual document review.

Key Features and Benefits of the Ocrolus and LendSaaS Partnership

• End-to-End Document Automation

  • Integrates Ocrolus’ document review automation directly into the LendSaaS platform.
  • Streamlines MCA origination with automated processing of bank statements and ISO applications.

• Enhanced Cash Flow Analytics and Fraud Detection

  • Provides access to accurate transaction data and advanced analytics, improving financing decision speed and quality.
  • Adds file-tampering detection to safeguard against fraud, offering peace of mind in high-stakes financing.

• Quick, Confident Financing Decisions

  • Enables LendSaaS customers to access high-quality data, allowing them to make faster and better-informed funding decisions.
  • Helps businesses access necessary working capital quickly, a competitive edge in the fast-paced MCA market.

• Customizable Solutions for MCA of All Sizes

  • Enhances LendSaaS’ MCA origination services with Ocrolus' document processing expertise, handling hundreds of millions of documents.
  • Supports both large and small MCA providers with customizable tools to streamline their operations.

Industry Insights

Sam Bobley, CEO of Ocrolus, shared that the partnership enables LendSaaS customers to achieve full automation in the document review process, helping businesses make timely, well-informed financing decisions. Josh Carcione, Founder of LendSaaS, emphasized that this integration allows customers to reduce manual document handling, positioning them to meet the demands of the fast-paced funding market.

The Ocrolus and LendSaaS partnership brings a transformative shift to MCA origination by embedding AI-driven data automation directly into the LendSaaS platform, streamlining financial decision-making and offering a competitive advantage in the MCA sector.