Ocrolus

What is Ocrolus?

Ocrolus streamlines financial document processing by combining advanced OCR, machine learning, and human validation to deliver highly accurate data extraction and analysis. Designed for financial services, it automates the review of bank statements, pay stubs, tax forms, and more, enabling institutions to reduce manual work, detect fraud, and accelerate lending decisions. The platform integrates seamlessly with existing systems, scales dynamically, and provides deep cash flow analytics to support smarter risk management and compliance.

Key Features

• High-Accuracy Data Extraction

  Processes diverse financial documents with over 99% accuracy using a blend of OCR, machine learning, and human-in-the-loop validation.

• Fraud Detection and Risk Mitigation

  Identifies suspicious activities and document tampering through algorithmic validation and authenticity scoring.

• Scalable and Flexible Processing

  Handles large volumes of documents on-demand, enabling financial institutions to efficiently manage fluctuating workloads.

• Comprehensive Cash Flow Analytics

  Automates income and expense calculations across various borrower types, including wage earners, self-employed, and rental income.

• Seamless Integration

  Easily connects with loan origination systems, CRMs, and other workflows to deliver structured data directly into existing platforms.

• Robust Compliance and Security

  Maintains bank-level security and creates detailed audit trails to support regulatory compliance.

Use Cases

• Mortgage Lending : Accelerates loan processing by automating document review, income calculations, and fraud detection for mortgage applications.
• Small Business and Consumer Lending : Enables lenders to quickly verify borrower information and assess creditworthiness with reliable, structured financial data.
• Financial Services Automation : Streamlines workflows by reducing manual data entry and enabling faster, more accurate financial decision-making.
• Fraud Prevention : Detects potential fraud early in the document review process, minimizing losses and protecting business integrity.
• Accounting and Auditing : Supports professionals by automating extraction and validation of financial documents for audits and compliance checks.

FAQs