Ocrolus Reviews - Pros & Cons, Ratings & more

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DataSnipper

ECIT Digital

Ocrolus is the leading Fintech document automation software with human-in-the-loop review that extracts structured data from any document. With Ocrolus, you can generate results instantaneously or in minutes, detect altered documents, and optimize the document workflow with over 99+% accuracy.

Ocrolus

Web-based

Data Scientist

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.

Loan Processor

I work twice to double check the missing information on missed lenders on financial documents and I wait twice as long to process information.

Overall this product is great an we will continue to use it.

Director of Underwriting 

Ocrolus has been a great resource for our company over the last several years.

Business lending specialist 

It is also a great double check for me and sometimes finds things that I may not have noticed.

Loan Specialist 

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.

Ocrolus gives me a clean data sheet but slows me down considerably - Needs improvement considering the cost to use it.

Senior Accountant

The product interface makes it very easy to use.

SVP, Chief Software Solution Architect

The API and toolset are easy to use and provide accurate data extraction and calculations.

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.

Jotform

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.

Overall, A Very Positive Experience

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

Best in the industry

Ocrolus Review

Great time-saving product

I only use Ocrolus to upload documents from another program we use for other departments to use. It has always been easy for me to use, but I do not use it as in depth as other colleagues do. 

Easy to upload documents 

Besides the lag, it is a great software to use and it very helpful

Good Software but speed decreases the overall rating

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!

Speed Leaves much to be desired

I appreciate it but i wish it was much faster

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.  

What's happened with OC? 

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.

Very easy to use

Ocrolus powers our bank statement analysis toolsets

Overall this product is great an we will continue to use it. 

Unique product

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. 

Great Product to Streamline Bank Statement Review Efficiency 

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.

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.

Ocrolus Reviews

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