About Ocrolus

Ocrulus is the leading document automation solution with human-in-the-loop review that retrieves data from any document and transforms it into actionable data. With Ocrolus, you can automatically leverage the best OCR data extraction engines for the task at hand - generating results instantaneously or in minutes, detect altered documents, & optimize the document workflow with over 99+% accuracy. That's why partners like PayPal, Plaid, & Square work with Ocrolus.

See why Ocrolus is named by Inc. Magazine as the #1 fastest-growing Fintech nationwide and the #1 fastest-growing software company in NY.


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5 Reviews of Ocrolus

Average User Ratings

Overall

4.8 / 5 stars

Ease-of-use

5.0

Value for money

4.5

Customer support

5.0

Functionality

5.0

Ratings Snapshot

5 stars

(4)

4

4 stars

(1)

1

3 stars

(0)

0

2 stars

(0)

0

1 stars

(0)

0

Likelihood to Recommend

Not likely

Very likely

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Showing 1 - 5 of 5 results

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August 2021

Jim from PayPal

Company Size: 10,000+ employees

Industry: Financial Services

Time Used: Less than 2 years

Review Source: Capterra


Ease-of-use

5.0

Value for money

5.0

Customer support

5.0

Functionality

5.0

August 2021

It is a pleasure to work with Ocrolus

My overall experience with Ocrolus has been nothing short of impressive. Ocrolus has been able to handle a significant volume of bank statement pages while posting turnaround times that decrease as volume increases. [SENSITIVE CONTENT], PayPal's Account Manager, is exceptional. [SENSITIVE CONTENT] is always quick to answer questions and dig into any issues we encounter.

Pros

The amount of data received for the price paid in combination with the average turnaround time is a great value. My only regret is not utilizing Ocrolus sooner.

Cons

Documents that are "not supported" are not rejected 100% of the time. Sometimes 50% of the documents in a package will be processed successfully whereas the other half are rejected for document "not support." I would like for the treatment of these documents to be the same, either all successfully processed or all rejected. It is difficult to explain to management why some documents are processed while others are not.

Reasons for Choosing Ocrolus

Currently, there are no mature competitors in this field with the speed of technology change that Ocrolus has. After conducting a trial period with Ocrolus, it was determined that their data accuracy and quality were unmatched.

August 2021

joseph from libertas funding

Company Size: 51-200 employees

Industry: Financial Services

Time Used: More than 2 years

Review Source: Capterra


Ease-of-use

5.0

Value for money

5.0

Customer support

5.0

Functionality

5.0

August 2021

Great Product but a bit Pricey

bank statement and voided check OCR

Pros

Great software that handles documents quickly and accurately

Cons

occasional long turnaround times inability to download Excel files

Reasons for Choosing Ocrolus

ease of use, better UI/UX better accuracy

September 2021

Jarett from Fora Financial

Company Size: 51-200 employees

Industry: Financial Services

Time Used: More than 2 years

Review Source: Capterra


Ease-of-use

5.0

Value for money

4.0

Customer support

4.0

Functionality

4.0

September 2021

Great Product to Streamline Bank Statement Review Efficiency

Ocrolus has been a great resource for our company over the last several years. It has sped up our underwriting process, requires less resources than hiring additional employees and keeps our bank statement review process consistent.

Pros

Easy to use Increases efficiency Speeds up time to underwrite Consistency

Cons

Could use better reporting Turn time on improvements and error investigations Needs more transparent process to review Suspicious Activity Flags

Response from Ocrolus

Replied September 2021

Thanks for your candid feedback, Jarett! We're happy to hear that you find Ocrolus easy to use, and we're working on the cons you listed.

August 2021

Karina from Nuula

Company Size: 51-200 employees

Industry: Financial Services

Time Used: More than 2 years

Review Source: Capterra


Ease-of-use

5.0

Value for money

4.0

Customer support

5.0

Functionality

5.0

August 2021

Ocrolus and Nuula

Has always been great

Pros

We love how fast and easy is the software

Cons

The dashboard is not as user friendly as we want

September 2021

Elizabeth from LPL

Company Size: 2-10 employees

Industry: Financial Services

Time Used: More than 2 years

Review Source: Capterra


Ease-of-use

5.0

Value for money

5.0

Customer support

5.0

Functionality

5.0

September 2021

Ocrolus has streamlined our business process

As part of a financial analysis for divorce proceedings, we review bank and credit card transactions line by line and consolidate them into a format for court. When we receive statements that must be manually processed, we count on Ocrolus to do this work for us. It is always a quick turn around and customer service, on the few occasions that they are needed, are helpful.

Pros

It takes very few steps to get the data to Ocrolus and the output is ready within hours. This program increases our efficiency and the returned reports are accurate.

Cons

I do not have any issues with the software.