Avoid fraud losses and unnecessary evictions by efficiently reviewing multifamily resident applications using AI-driven automation solutions
Using AI-driven document automation, Ocrolus streamlines the capture and review of multifamily resident documents quickly, accelerating decisions with accurate and reliable data, all while detecting fraud and suspicious activity
Ocrolus identifies resident-supplied documents, such as bank statements, pay stubs, and tax documents, returning accurate, actionable data quickly. With this data, property management, property tech, and lease guaranty companies can make smarter, faster multifamily tenant decisions and detect fraud quickly.
Rental application fraud has spiked over the previous years, which is why STYL Residential turned to Ocrolus to detect fraudulent documents, automate streamlined income calculations for prospective residents, and scale its operations. Read STYL Residential’s customer story here.
Detect fraud on resident applications
Minimize the risk of costly delinquencies and evictions resulting from decisions made with falsified documents
Identify fake pay stubs, bank statements, W2s, and more
Qualify residents with accurate document data analysis
Identify unqualified residents based on income calculations
Ocrolus is easy to use to help make quick resident application decisions
Verification of identity coupled with extensive document support means a better customer experience for your residents
Screen multifamily tenants faster with the most advanced document AI
Interactive web-based UI makes it easier for property managers and leasing agents to use
RESIDENT APPLICATION USE CASES
Calculate income for prospective residents with diverse employment profiles.
Quickly retrieve employment data from disparate sources to verify application data.
Verify an applicant’s assets by using bank statements and brokerage statements
Frequently Asked Questions
Ocrolus classifies, captures, and analyzes income verification documents while identifying fraud so property managers can screen resident applicants faster and with greater accuracy.
Ocrolus supports 1,100+ document types, with the most common including bank statements, pay stubs, and tax documents. Click here to find the full list.
Ocrolus uses a combination of AI plus Human-in-the-Loop review to ensure rapid document processing with perfect accuracy.
Ocrolus can significantly benefit Property Management companies by automating time-consuming manual tasks, such as data entry, document organization, and verification requirements. It reduces human error, speeds up document processing, enhances data accuracy, and improves overall operational efficiency.
Ocrolus can handle a wide range of property-related documents, including rental applications, lease agreements, tenant background checks, utility bills, invoices, maintenance records, and more. The platform is flexible and can be customized to fit specific document needs.
Yes, Ocrolus can assist with tenant screening and background checks by efficiently extracting and analyzing the necessary information from rental applications and supporting documents. This helps Property Management companies make informed decisions during the tenant selection process.