customer stories
Banclease cuts bank statement review time by 90 percent with AI-powered analysis from Ocrolus
Customer Stories
Banclease cuts bank statement review time by 90 percent with AI-powered analysis from Ocrolus
Small business lending | Classify, Cash Flow Analysis, Detect
Banclease Acceptance is an equipment leasing and finance company serving a select group of referring sources, lessors and financial institutions nationwide. As the company set out to modernize its lending technology, manual bank statement review quickly emerged as a bottleneck, slowing down analysis and making it harder to spot fraud. That's when Banclease brought in Ocrolus.
Challenge
Manual bank statement review in spreadsheets limited efficiency, insight and fraud detection.
Solution
Banclease integrated Ocrolus, an AI workflow and analytics platform for lenders, into its lease operating system to automate bank statement analysis, surface structured cash flow insights and detect potential fraud.
Result
• 90 percent faster bank statement analysis, reducing review time from about 30 minutes to three minutes
• Deeper cash flow visibility that improves borrower understanding and underwriting insight
• Automated financial insights delivered directly inside Banclease’s lending workflow
• Stronger fraud detection through Ocrolus Detect signals
Challenge: Manual cash flow analysis limited underwriting insight
Before partnering with Ocrolus, bank statement analysis was performed manually by Banclease team members using spreadsheets, one-by-one.
“We were still doing everything with spreadsheets and that was on a good day,” said Mark Sheehan, National Sales Manager at Banclease Acceptance.
The manual process made it difficult to consistently analyze borrower cash flow across applications.
As Banclease continued modernizing its lending technology, the team sought a better way to extract deeper financial insights from bank statements.
“It’s one of those things where you didn’t know what you didn’t know until you saw the data,” Sheehan said.
Solution: AI-powered cash flow analysis integrated into the lending workflow
Rather than treating bank statement analysis as a separate step, Banclease implemented Ocrolus into its lease operating system from the start. Now it's just part of how deals move through the pipeline. When an application comes in, borrower statements are automatically routed to Ocrolus for analysis.
“It’s integrated into our lease operating system,” said Sheehan. “We get a deal in and it automatically links to Ocrolus and runs the reports for us.”
The integration allows Banclease to leverage advanced cash flow analytics without adding manual steps to the underwriting workflow.
“Everything we’ve done is for speed, for automation and to leverage AI capabilities,” Sheehan said.
Ocrolus does the heavy lifting and automates document data extraction, categorizing transactions, capturing balances and generating structured cash flow analysis from each bank statement. That gives Banclease's team what they need to assess cash flow quickly and consistently, without digging through the numbers themselves.
Result: Faster analysis, deeper insight and improved fraud detection
With Ocrolus, Banclease dramatically reduced the time required to analyze bank statements.
“What used to take 30 minutes now takes three minutes,” Sheehan said. “We save about 90 percent of the time we used to spend on bank statements.”
The efficiency gains allow the team to analyze more deals while improving the depth of financial insight available to lenders.
“The data we get now is just no comparison,” Sheehan said.
Structured cash flow analysis gives underwriters a clearer picture of how a business actually operates. It also helps Banclease catch fraud in submitted bank statements earlier in the process.
“One of our favorite capabilities is Ocrolus Detect,” Sheehan said. “We’ve caught manipulated bank statements that we likely would not have caught before.”
Key outcomes include:
- 90 percent faster bank statement analysis, reducing review time from about 30 minutes to three minutes
- Deeper cash flow visibility that improves borrower understanding and underwriting insight
- Automated financial insights delivered directly inside Banclease’s lending workflow
- Stronger fraud detection through Ocrolus Detect signals
Why Banclease recommends Ocrolus
For Sheehan, Ocrolus stands out as one of the most impactful investments Banclease has made as it modernizes its lending platform.
“It’s probably one of the best purchases that I’ve ever made,” Sheehan said.
With nearly two decades of experience evaluating technology platforms, Sheehan believes Ocrolus delivers both efficiency and meaningful operational insight.
“It does what it says it’s going to do and it actually delivers more than what we thought it was going to do,” Sheehan said.
His advice to other lenders considering Ocrolus is straightforward.
“Buy it. Use it. It’s awesome,” Sheehan said.
“Ocrolus is probably one of the best purchases I’ve ever made. It cuts our bank statement analysis down by 90%. What used to take about 30 minutes now takes three minutes and the insights we get are just no comparison.”
Mark Sheehan, National Sales Manager at Banclease Acceptance
