If you're looking for another MeridianLink alternative, Ocrolus is worth a look. The company's Document AI platform is designed to classify, extract and analyze financial documents with high accuracy. It can be used to automate the analysis of documents to help lenders assess risk and prevent fraud. It can handle a variety of documents, including bank statements, paystubs and mortgage statements, and is useful for a variety of lending markets, including mortgage and consumer lending.
Another contender is Binocs, an AI-based loan management system for private credit funds that's designed to improve operations and risk management. It can extract financial information from documents, automate cash flow and covenant monitoring, and provide automated document management and notifications. The system is designed to help asset managers, borrowers and service providers manage their portfolios better and reduce risk.
If you're looking for something more focused on the customer, Glia offers an omnichannel interaction platform designed to improve the customer experience. It combines human, AI, voice and digital interactions through features like CoBrowsing, virtual assistants and video chat. The company's technology is geared for banks, credit unions, insurance companies and lending institutions, and is designed to improve customer satisfaction and operational efficiency.
All of these options have powerful features that can help you automate and improve your lending operations, so they're all good MeridianLink alternatives.