--- description: Review of Ocrolus Software: system overview, features, price and cost information. Get free demos and compare to similar programs on Software Advice Ireland. image: https://gdm-localsites-assets-gfprod.imgix.net/images/software_advice/og_logo-55146305bbe7b450bea05c18e9be9c9a.png title: Ocrolus | Reviews, Pricing & Demos - SoftwareAdvice IE --- Breadcrumb: [Home](/) > [Fraud Management Tools](/directory/4642/financial-fraud-detection/software) > [Ocrolus](/software/353830/ocrolus) # Ocrolus Canonical: https://www.softwareadvice.ie/software/353830/ocrolus Page: 1 / 2\ Next: [Next page](https://www.softwareadvice.ie/software/353830/ocrolus?page=2) > 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. > > Verdict: Rated **4.6/5** by 16 users. Top-rated for **Likelihood to recommend**. ----- ## Quick Stats & Ratings | Metric | Rating | Detail | | **Overall** | **4.6/5** | 16 Reviews | | Ease of Use | 4.5/5 | Based on overall reviews | | Customer Support | 4.5/5 | Based on overall reviews | | Value for Money | 4.3/5 | Based on overall reviews | | Features | 4.4/5 | Based on overall reviews | | Recommendation percentage | 80% | (8/10 Likelihood to recommend) | ## About the vendor - **Company**: Ocrolus ## Commercial Context - **Pricing model**: (Free Trial) - **Target Audience**: 51–200 - **Deployment & Platforms**: Cloud, SaaS, Web-based - **Supported Languages**: English - **Available Countries**: United States ## Features - AI/Machine Learning - API - Access Controls/Permissions - Activity Dashboard - Anomaly Detection - Audit Trail - Auto Extraction - Batch Processing - Compliance Management - Configurable Workflow - Data Aggregation and Publishing - Data Capture and Transfer - Data Connectors - Data Extraction - Data Import/Export - Data Mapping - Data Transformation - Data Verification - Data Visualisation - Document Automation ## Support Options - FAQs/Forum - Knowledge Base ## Category - [Fraud Management Tools](https://www.softwareadvice.ie/directory/4642/financial-fraud-detection/software) ## Related Categories - [Fraud Management Tools](https://www.softwareadvice.ie/directory/4642/financial-fraud-detection/software) - [Optical Character Recognition (OCR) Software](https://www.softwareadvice.ie/directory/4291/ocr/software) - [Robotic Process Automation (RPA) Software](https://www.softwareadvice.ie/directory/4341/robotic-process-automation/software) - [Forms Automation Software](https://www.softwareadvice.ie/directory/4223/forms-automation/software) - [Electronic Data Capture Software](https://www.softwareadvice.ie/directory/4632/electronic-data-capture/software) ## Alternatives 1. [Klippa DocHorizon](https://www.softwareadvice.ie/software/90685/klippa) — 4.8/5 (31 reviews) 2. [Veryfi](https://www.softwareadvice.ie/software/242603/Veryfi) — 4.8/5 (190 reviews) 3. [KlearStack](https://www.softwareadvice.ie/software/204535/klearstack) — 4.6/5 (17 reviews) 4. [Kodak Info Input Solution](https://www.softwareadvice.ie/software/423015/kodak-info-input-solution) — 4.8/5 (4 reviews) 5. [Whitevision](https://www.softwareadvice.ie/software/394289/whitevision) (0 reviews) ## Reviews ### "Best in the industry" — 5.0/5 > **Michail** | *2 June 2022* | Financial Services | Recommendation rating: 10.0/10 > > **Pros**: Ocrolus is definitely the industry leader in bank statement verification. The great API and data accuracy are what we rely on the most. > > **Cons**: Waiting times can be longer for more complicated bank statements. > > The experience has been great and I would recommend Ocrolus to any fintech that has a similar use case. ----- ### "Speed Leaves much to be desired" — 5.0/5 > **Leah** | *23 May 2022* | Financial Services | Recommendation rating: 6.0/10 > > **Pros**: I like getting all the data I need in a clean spreadsheet > > **Cons**: The time it takes to wait for OC to process slows my productivity leaving much to be desired\! The program often misses crucial information too. If the purpose is to increase my productivity then it is failing. I work twice to double check the missing information on missed lenders on financial documents and I wait twice as long to process information. Ocrolus gives me a clean data sheet but slows me down considerably - Needs improvement considering the cost to use it\! > > The time it takes to wait for OC to process slows my productivity leaving much to be desired\! The program often misses crucial information too. If the purpose is to increase my productivity then it is failing. I work twice to double check the missing information on missed lenders on financial documents and I wait twice as long to process information. Ocrolus gives me a clean data sheet but slows me down considerably - Needs improvement considering the cost to use it\!The time it takes to wait for OC to process slows my productivity leaving much to be desired\! The program often misses crucial information too. If the purpose is to increase my productivity then it is failing. I work twice to double check the missing information on missed lenders on financial documents and I wait twice as long to process information. Ocrolus gives me a clean data sheet but slows me down considerably - Needs improvement considering the cost to use it\! ----- ### "What's happened with OC?" — 3.0/5 > **LeErin** | *20 May 2022* | Financial Services | Recommendation rating: 4.0/10 > > **Pros**: alert of fraud altered documents, extraction of balances, lenders, transfers pulled and other grouped useful information merchants, max deposits outside deposits. > > **Cons**: The time in extracting the documents from ALL statements. I dont know how long it will take anymore. Chase, Bank of AM, Wells Fargo took no time, NOW it could take 30-1 hour to extract. Credit Unions and other unknown banks could take time i get that but when i pull up the bank statements and finish before OC has even completed one month something has gone wrong. > > In the beginning it was like an amazing dream come true to make our role efficient and effective\!\!\! BUT now I feel like OC is a burnt out toaster not wanting to toast anymore. ----- ### "Overall, A Very Positive Experience" — 5.0/5 > **Jim** | *22 June 2022* | Financial Services | Recommendation rating: 10.0/10 > > **Pros**: What I like most about Ocrolus is the analytics that they provide for their bank statement product. Without reliable, accurate analytics, we would be unable to properly service the loans. > > **Cons**: What I like least about Ocrolus is that there has sometimes been a lack of communication. I was not notified when Ocrolus would release new analytics and the corresponding analytics guide. I have had to request an updated analytics guide and only then would I notice that they released new analytics. > > My overall experience with Ocrolus has been a positive one. All of the people that work for Ocrolus that I have interacted with have been top tier. Their customer support is very responsive and quick to provide solutions. ----- ### "Great Product to Streamline Bank Statement Review Efficiency" — 4.0/5 > **Jarett** | *2 September 2021* | Financial Services | Recommendation rating: 10.0/10 > > **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 > > 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. ----- Page: 1 / 2\ Next: [Next page](https://www.softwareadvice.ie/software/353830/ocrolus?page=2) ## Links - [View on SoftwareAdvice](https://www.softwareadvice.ie/software/353830/ocrolus) ## This page is available in the following languages | Locale | URL | | en | | | en-AU | | | en-GB | | | en-IE | | | en-NZ | | ----- ## Structured Data