Ocrolus
4.5
31

Not Claimed

Ocrolus is a fintech document automation platform that uses robotic process automation and human-in-the-loop review to turn documents into actionable insights. It can generate results quickly, detect altered documents, and optimize document workflows with high accuracy. It is used by partners like Paypal, Plaid, and Square and has been named the #1 fastest-growing fintech nationwide by Inc. Magazine. It is recommended for financial service companies looking to modernize their back offices with intelligent analytics, improved loan decisioning, enhanced fraud detection, and automated document review processes.
Developer
Ocrolus
Category
Security
HQ Location
New York
Year Founded
2014
Number of Employees
696
Twitter
Strengths
  • Accuracy

    Highly accurate data extraction

  • Speed

    Fast processing time

  • Automation

    Automated data validation and analysis

Weaknesses
  • Cost

    Relatively expensive compared to competitors

  • Integration

    Limited integration options with other software

  • Complexity

    Can be complex to set up and use

Opportunities
  • Growing demand for accurate data extraction and analysis
  • Opportunities for partnerships with other software providers
  • Potential to expand into new markets and industries
Threats
  • Intense competition from other data extraction and analysis software providers
  • Potential for increased regulation of data privacy and security
  • Rapidly evolving technology may make current solutions obsolete

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https://www.ocrolus.com/
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Review Distribution

  • 👍
    High - rated users

    Ocrolus provides reliable and accurate analytics for their bank statement product.There has been a lack of communication regarding new analytics releases.

  • 🤔
    Average - rated users

    Ocrolus alerts of fraud altered documents and extracts useful information such as balances, lenders, transfers, and max deposits.Extraction time for documents from some banks can take longer than expected.

  • 👎
    Low - rated users

    Ocrolus makes analyzing bank statements easier and quicker by providing exported spreadsheets.Analytics can take longer to complete at times.

Media

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Ocrolus Plan

Ocrolus offers a tiered pricing model based on the number of documents processed, with additional features available in higher versions.
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