Ocrolus

4.8 (5)
Document processing automation and human-in-the-loop review.

Overall rating

4.8 /5
(5)
Value for Money
4.6/5
Features
4.8/5
Ease of Use
5/5
Customer Support
4.8/5

100%
recommended this app

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Overall rating

5 Reviews

Jim M.
Overall rating
  • Industry: Financial Services
  • Company size: 10,000+ Employees
  • Used Daily for 1+ year
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

It is a pleasure to work with Ocrolus

Reviewed on 9/8/2021

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.

Joseph V.
Overall rating
  • Industry: Financial Services
  • Company size: 51-200 Employees
  • Used Daily for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

Great Product but a bit Pricey

Reviewed on 10/8/2021

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

Jarett I.
Overall rating
  • Industry: Financial Services
  • Company size: 51-200 Employees
  • Used Daily for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

Great Product to Streamline Bank Statement Review Efficiency

Reviewed on 2/9/2021

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

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.

Karina A.
Overall rating
  • Industry: Financial Services
  • Company size: 51-200 Employees
  • Used Daily for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

Ocrolus and Nuula

Reviewed on 6/8/2021

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

Elizabeth G.
Overall rating
  • Industry: Financial Services
  • Company size: 2-10 Employees
  • Used Monthly for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

Ocrolus has streamlined our business process

Reviewed on 1/9/2021

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.