Document Automation

Document automation platform Ocrolus has integrated OpenAI’s GPT into its tech, the company announced in a press release. The move gives Ocrolus more power to process semi-structured and unstructured documents like bank statements, pay stubs, and mortgage applications without the need for human oversight. Ocrolus’s platform uses multiple forms of AI from Amazon, Google, and its own proprietary deep learning architectures to allow lenders to automate with ease. It can create it own training data in-house to keep its algorithms on the cutting edge as they engage with these platforms. “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…