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Ocrolus Reviews & Product Details

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Ocrolus Media

Ocrolus Demo - Bank Data Analysis
Transform bank statements of any format or quality into clean, structured data. Leverage bank transactions to assess cash-flow trends and credit risk.
Ocrolus Demo - Invoice Processing
Transform invoice documents of any quality into structured JSON.
Ocrolus Demo - Fraud Detection
Fight fraud like never before. Ocrolus performs file tampering detection and mathematical checks to stop fraud in its tracks.
Ocrolus Demo - Document Indexing
Automatically classify a limitless variety of document images and prepare them for analysis.
Ocrolus Demo - Proof of Identity & Address
Extract and validate identifying information from documents and images.
Ocrolus Demo - Capture data from e-statements, scanned paper documents, or cell phone images.
Extract, validate and structure data from images of any format or quality, with over 99% accuracy.
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Ocrolus Reviews (15)

Reviews

Ocrolus Reviews (15)

4.6
15 reviews

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JJ
Due Diligence Analyst
Mid-Market (51-1000 emp.)
"The BEST tool for underwriters!!"
What do you like best about Ocrolus?

Prior to using Ocrolus, I used to have to review bank statements manually and by the end of my work day, my eyes were seeing double!! Ocrolus pretty much does the analyzing piece for me and all I have to do is review the exported spreadsheet!! It is so much easier when it is in spreadsheet format because you can add things up easier than when manually reviewing hard copy bank statements!! Review collected by and hosted on G2.com.

What do you dislike about Ocrolus?

Sometimes the analytics take a little longer to complete, which at the end of the month can be hampering. Review collected by and hosted on G2.com.

Verified User in Financial Services
UF
Enterprise (> 1000 emp.)
"My thoughts"
What do you like best about Ocrolus?

That is is accessible for everyone working accounts to find the documents, it is nice that the documents can be found in one place, but other than that Ocrolus doesn't provide much efficiency to my company Review collected by and hosted on G2.com.

What do you dislike about Ocrolus?

How long it takes to review documents, it slows down the loan processing timeline. If this product processed documets faster, or at least validate the document type quicker it would speed up the time applications sit pending ocrolus review. Review collected by and hosted on G2.com.

Response from Taranita Costales of Ocrolus

Thank you for your valuable feedback. We pay very close attention to the time it takes us to process documents (currently TAT of <20 mins for bank statements), and we are constantly looking for areas of improvement. Our team would appreciate the opportunity to connect with you and do a system audit/review to see if some product enhancements might help improve some of the inefficiencies you’re experiencing. Please reach out to our Customer Success Team at support@ocrolus.com.

Verified User in Financial Services
AF
Enterprise (> 1000 emp.)
"Great Tool for Bank Statement Analysis"
What do you like best about Ocrolus?

Ability to get customized analytics for your specific company; Highly responsive on inquiries and issue resolution; unlocked capabilities by reducing manual processing. Review collected by and hosted on G2.com.

What do you dislike about Ocrolus?

Turnaround times can be sporadic on PDF Bank statements making it challenging to hit service level agreements; inability to collect self service custom reporting Review collected by and hosted on G2.com.

Verified User in Computer Software
CC
Mid-Market (51-1000 emp.)
"Ocrolus IDP is a great vendor for document automation."
What do you like best about Ocrolus?

Own OCR, great QOS, attractive pricing, good support Review collected by and hosted on G2.com.

What do you dislike about Ocrolus?

unclear ownership, mostly smaller customers. Struggling with 100+ pages Review collected by and hosted on G2.com.

Verified User in Financial Services
AF
Mid-Market (51-1000 emp.)
"An Easy Way to Automate Statements Review"
What do you like best about Ocrolus?

Ocrolus is a quick way to analyze bank statements. Using Ocrolus has helped us increase application processing speed. Review collected by and hosted on G2.com.

What do you dislike about Ocrolus?

The review speed of Ocrolus varies - it may take much longer to receive results at times. Review collected by and hosted on G2.com.

Verified User in Financial Services
UF
Enterprise (> 1000 emp.)
"Ocrolus Fraud Detection"
What do you like best about Ocrolus?

What I like best about Ocrolus's fraud detection capabilities is that it has strong predictive power depending on the type of suspicious activity flag that is returned. Review collected by and hosted on G2.com.

What do you dislike about Ocrolus?

What I dislike about Ocrolus's fraud detection capabilities is the false positive rate associated with some of the suspicious activity flags that are returned. Review collected by and hosted on G2.com.

Sri K.
SK
Co-Founder, Board Member
Mid-Market (51-1000 emp.)
"Great solution for data entry automation"
What do you like best about Ocrolus?

The operating team is great and very responsive to our needs. Review collected by and hosted on G2.com.

What do you dislike about Ocrolus?

Would love to see prices lowered, and turnaround times improve - but at current levels they are still among the best. Review collected by and hosted on G2.com.

Verified User in Financial Services
UF
Small-Business (50 or fewer emp.)
"I think this application is the easiest way to complete my job."
What do you like best about Ocrolus?

The most helpful that is it easy to use. I know that it will finish analyzing documents quickly and efficent. Review collected by and hosted on G2.com.

What do you dislike about Ocrolus?

Sometimes it does take a while to analyze documents which does slow down the process. Review collected by and hosted on G2.com.

Verified User in Financial Services
UF
Mid-Market (51-1000 emp.)
"As an API customer only, great integration experience"
What do you like best about Ocrolus?

Understanding customer needs at the API level and not just at the internal product level. Review collected by and hosted on G2.com.

What do you dislike about Ocrolus?

Human-in-the-loop can have discrepancies in their procedure/outcomes (although this is pretty rare). Review collected by and hosted on G2.com.

Steve K.
SK
Chief Marketing Officer
Mid-Market (51-1000 emp.)
"Even better than what they sell"
What do you like best about Ocrolus?

Ocrolus is reliable, accurate and they provide A+ support. Review collected by and hosted on G2.com.

What do you dislike about Ocrolus?

the turnaround time is a little slow at times, but I know they are improving speed all the time. Review collected by and hosted on G2.com.

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