# Ocrolus Reviews 2026. Verified Reviews, Pros & Cons | Capterra > Is Ocrolus the right Data Extraction solution for you? Explore 16 verified user reviews from people in industries like yours to make a confident choice. Source: https://www.capterra.com/p/232462/Ocrolus/reviews --- Ocrolus 4.6 (16) [View alternatives](https://www.capterra.com/p/232462/Ocrolus/alternatives/) Provider data verified by our Software Research team, and reviews moderated by our Reviews Verification team. [Learn more](https://www.capterra.com/our-story/) * * * Last updated August 24th, 2025 # Reviews of Ocrolus Ease of use 4.5 Customer Service 4.5 ## Showing most helpful reviews Showing 1-16 of 16 Reviews Sort by: Most Helpful Rating Company Size Reviewer's Role Length of Use Frequency of Use MM Michail M. CTO Financial Services Used the software for: 2+ years ### "Best in the industry" June 2, 2022 5.0 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. Reason for choosing Ocrolus Ocrolus had the best API and most accurate data capture. Review Source LM Leah M. Loan Processor Financial Services Used the software for: Less than 6 months ### "Speed Leaves much to be desired" May 23, 2022 5.0 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! 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! Review Source LH LeErin H. Loan Specialist Financial Services Used the software for: 6-12 months ### "What's happened with OC? " May 20, 2022 3.0 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. Review Source Response from Ocrolus May 31, 2022 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. JM Jim M. Data Scientist Financial Services Used the software for: 1-2 years ### "Overall, A Very Positive Experience" June 22, 2022 5.0 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. Review Source JI Jarett I. Director of Underwriting Financial Services Used the software for: 2+ years ### "Great Product to Streamline Bank Statement Review Efficiency " September 2, 2021 4.0 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 Review Source Response from Ocrolus September 10, 2021 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. CL Cam L. SVP, Chief Software Solution Architect Financial Services Used the software for: 2+ years ### "Ocrolus powers our bank statement analysis toolsets" May 11, 2022 5.0 Pros The API and toolset are easy to use and provide accurate data extraction and calculations. Cons The API does not allow for multiple webhooks to be assigned to a single call, which create inefficiencies in end user communications. Review Source KA Karina A. Director, Transaction Success Financial Services Used the software for: 2+ years ### "Ocrolus and Nuula" August 6, 2021 5.0 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 Review Source TA Tamara A. NanQ UW Financial Services Used the software for: 2+ years ### "Great time-saving product" May 25, 2022 5.0 Always good Pros Ability to streamline bank statement deposit analysis Cons Automates process of analysis which used to manually take so much time Review Source jV joseph V. Director of Credit, Special Products Financial Services Used the software for: 2+ years ### "Great Product but a bit Pricey" August 10, 2021 5.0 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 Reason for choosing Ocrolus ease of use, better UI/UX better accuracy Review Source TS Tucker S. COO Financial Services Used the software for: 2+ years ### "Unique product" April 20, 2022 5.0 Overall this product is great an we will continue to use it. Pros Ocrolous has been instrumental in GetBackd's underwriting process and extracts data in a usable format. Cons Speed, although it has constantly been improving, the speed could be a little better. Review Source AG Angela G. Processor Capital Markets Used the software for: 6-12 months ### "I appreciate it but i wish it was much faster" May 20, 2022 3.0 Pros I like how it makes my easier, when it is able to catch all the lenders Cons when we first started using it, it was great. now it is super slow and when we are slammed, it makes our job harder and we actually don't end up using it half the time because it doesn't even verify the statements within an hour Review Source CC Caroline C. Business lending specialist Financial Services Used the software for: Less than 6 months ### "Good Software but speed decreases the overall rating" May 23, 2022 4.0 Besides the lag, it is a great software to use and it very helpful Pros The analyst the software is able to pull is incredibly beneficial and can speed up the process tremendously. It is also a great double check for me and sometimes finds things that I may not have noticed Cons It's good when it is fast, but on busy days it can run so slow that I will be done with the whole thing for a while before it finishes processing. The point of using Oculus is to help speed up the overall process and when it is lagging, it just slows us down Review Source EG Elizabeth G. Financial Advisor Financial Services Used the software for: 2+ years ### "Ocrolus has streamlined our business process" September 1, 2021 5.0 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. Review Source CP Cassidy P. Loan Officer Financial Services Used the software for: Less than 6 months ### "Easy to upload documents " May 23, 2022 5.0 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. Pros I enjoy how easy it is to create new books and easily and quickly upload documents. I have never personally had a problem with the software. Cons Nothing stands out to me specifically, but I think having it be more integrated into our other business software would be helpful. Review Source SM Santino M. Student Education Management Used the software for: 6-12 months ### "Ocrolus Review" May 28, 2022 4.0 Pros Very efficient software. Took a bit of exploring to learn about the features. Cons Some processes are delayed and end up taking longer than they should. Review Source VL Victor L. Senior Accountant Financial Services Used the software for: 6-12 months ### "Very easy to use" May 13, 2022 5.0 Pros The product interface makes it very easy to use. Cons The software has been great and there is nothing comes to mind! Review Source Similar Products Featured