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Ocrolus Logo

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Document processing automation and human-in-the-loop review.

(3)

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Ocrolus Pricing, Features, Reviews and Alternatives

Ocrolus FAQs

Q. What type of pricing plans does Ocrolus offer?

Ocrolus has the following pricing plans:
Free Trial: Available

These products have better value for money


Q. Who are the typical users of Ocrolus?

Ocrolus has the following typical customers:
Small Business


Q. What languages does Ocrolus support?

Ocrolus supports the following languages:
English


Q. Does Ocrolus offer an API?

No, Ocrolus does not have an API available.


Q. What level of support does Ocrolus offer?

Ocrolus offers the following support options:
FAQs/Forum, Knowledge Base

Ocrolus product overview

What is Ocrolus?

Ocrolus is a document automation software that helps businesses leverage human-in-the-loop review capabilities to retrieve data from any document and transform it into actionable insights. Our software automatically provides and uses the best OCR data extraction engines to detect altered documents, generate results quickly and optimize the document workflow with accuracy.

Typical customers

Freelancers
Small businesses
Mid size businesses
Large enterprises

Platforms supported

Web
Android
iPhone/iPad

Support options

FAQs/Forum
Knowledge Base

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Starting from

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Pricing range

Starting from

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No pricing info

Free plan
Free trial
Pricing range
Ease of use
Value for money
Customer support
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Value for money
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Ocrolus pricing information

Value for money

4.3

/5

16

Starting from

ic-pricetag

No pricing info

Pricing options

Free plan
Subscription
Free trial
Pricing range

Value for money contenders

Ocrolus features

Functionality

4.4

/5

16

Total features

45

9 categories

Most valued features by users

Data Visualization
Reporting/Analytics
Data Import/Export
API
Search/Filter
Third-Party Integrations
Reporting & Statistics
Multiple Data Sources

Functionality contenders

Ocrolus users reviews

Overall Rating

4.6

/5

16

Positive reviews

88

%

Rating breakdown
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend8.19/10
Rating distribution

5

4

3

2

1

11

3

2

0

0

Pros
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.
Overall this product is great an we will continue to use it.
Ocrolus has been a great resource for our company over the last several years.
Cons
I work twice to double check the missing information on missed lenders on financial documents and I wait twice as long to process information.
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.
Turn time on improvements and error investigations. Needs more transparent process to review Suspicious Activity Flags.

Overall rating contenders

JM
AvatarImg

Jim M.

Financial Services, 10,001+ employees

Used daily for 1-2 years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

Share this review:

Overall, A Very Positive Experience

Reviewed 2 years ago

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.

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.

LM
AvatarImg

Leah M.

Financial Services, 201-500 employees

Used daily for less than 6 months

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend6/10

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Speed Leaves much to be desired

Reviewed 2 years ago

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...

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!

LH
AvatarImg

LeErin H.

Financial Services, 501-1,000 employees

Used daily for 6-12 months

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend4/10

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What's happened with OC?

Reviewed 2 years ago

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.

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.

Vendor response

Hi LeErin, we really appreciate this feedback! Speed is one of our top priorities and we are actively working to improve turnaround time. Please reach out to your account manager for further assistance.

JI
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Jarett I.

Financial Services, 51-200 employees

Used daily for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

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Great Product to Streamline Bank Statement Review Efficiency

Reviewed 3 years ago

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

Vendor response

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.

MM
AvatarImg

Michail M.

Financial Services, 51-200 employees

Used daily for 2+ years

Review source

Overall Rating
  • Value for money
  • Ease of use
  • Features
  • Customer support
  • Likelihood to recommend10/10

Share this review:

Best in the industry

Reviewed 2 years ago

The experience has been great and I would recommend Ocrolus to any fintech that has a similar use case.

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.

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