See why companies 
choose Heron

Heron is quite easily number one in importance for our tech stack...Realistically, you are not going to be able to put together an educated view of someone’s account if you’re only doing open banking-based underwriting.

Heron allowed us to completely automate a process that used to consume 100 person-hours a week. Now, it's not a concern anymore.

We rely on Heron to look at the bank statements or the Plaid feed, highlight the revenue, the daily payments, the outflows. When it’s done, we basically have everything we need to assign a credit limit. No one has to do that grunt work.

With Heron, we went from 30% default ratio to 10.7%. That’s ~$6 million per year saved in defaults for us.

We used to be online at 10 p.m. and work until 1 a.m. just entering applications. With Heron, we’re finally out from behind the keyboard — we’re meeting partners, traveling, growing the business. That just wasn’t possible before.

With our growth, we would not have been able to handle the volume without Heron. I can triple my volume and not worry.

Being able to automate bank statement scrubbing and structuring data allowed us to eliminate agents to about half of our total, and also to repurpose some agents in more verification roles, as opposed to doing this heavy manual lifting.

An application comes in with bank statements. Nobody touches it. Heron automatically takes all that data, parses it, automatically sets up a contact record, an account record, and an opportunity in Salesforce. And then it automatically digitizes the statements.

If Heron goes down, our entire card approval decisioning system goes down.

Heron saves a ton of time for our adjusters. These are highly analytical people, you want them using their brain for adjudication, not thinking about manually copying information.

We’re more consolidated and organised in the underwriting space now. And candidly — we’re funding more deals.

By using Heron, I was able to eliminate our data processing function, which was 3 humans making $60-75K per year, that capped out at a total max output of 100 applications processed per day

“Two weeks after turning on Heron, our 25-person offshore data entry team went to zero. We moved 7 of our 10 in-house folks into underwriting or pre-underwriting roles. That kind of time savings is invaluable.

The OCR piece is obviously valuable, but everybody does that. What made us choose Heron was its ability to plug directly into our intake workflow, automate submission processing, and integrate deeply with our underwriting system.

Heron analyzes all of those historical records and evaluates fraud risk automatically within 5 seconds. Literally like 5 seconds.

If we got a straight-through application... we could get a quote out the door in five minutes. Before, it was 24 hours.

We get an application emailed in, the statements go straight to Heron, and we do nothing else. Then the underwriter’s got all the data they need to decide. It’s the piece that kicks the whole process off...if you can’t parse the bank info, you can’t do anything else.

We could double our volume tomorrow — and I wouldn’t need to hire anyone.

We want this information on every deal...Heron is positioned at the top of our funnel because it’s handling the most important data.

Heron has eliminated the data entry phase of our underwriting process. We now have a clear picture of revenue, positions, and the legitimacy of the file within minutes of the submission email. This enables us to quickly say ‘no’ to applications we don’t want to fund and make faster and larger high-conviction offers to those we do