Ocrolus vs Hypatos
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Sir Richard BransonMost popular feedback for Ocrolus
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.
Jim M.
About Ocrolus
Ocrolus is the leading document and data fraud detection solution that automates file tampering detection and leverages mathematical checks to empower you to onboard customers with confidence. Ocrolus automatically checks the records your customers provide for invalid information and tampering & inconsistencies that pose a risk to your business. Ocrolus algorithms have been trained on more than 100 million pages of documents derived from thousands of financial institutions. Request a demo today!
Most popular feedback for Hypatos
The ease with which processes can be automated and optimized through this tool turns out to be its greatest attraction, and it is that no matter how complex the Hypatos task may turn out to be, it allows us to simplify it in a quite practical way, its graphical interface has a fairly simple and intuitive design that allows us to use it in a much simpler and easier way, not to mention the fact that its entire process and learning curve is quite fast and easy to understand, its customer service team is quite fast at the moment to solve any problem that may arise.
Luis B.
About Hypatos
Hypatos deep learning technology automates complex document based back-office processes providing unrivaled efficiency gains. Manual document processing is a major cost driver in organizations. Our technology captures data points from documents, performs validations and automates processes, like accounting. We serve the largest consumers of documents including 3 out of the Big 4 financial advisors and Shared Service Centers (SSCs) of large enterprises.
Ocrolus reviews
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.
- LeErin H. Loan Specialist
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.
- Jarett I. Director
Sometimes the analytics take a little longer to complete, which at the end of the month can be hampering.
- Janice J. Due Diligence Analyst
Hypatos reviews
Hypatos enabled me to set up an automated and reliable accounting process as a side project
- Serhat K. Software Engineer
Hypatos helps us with document process automation. We now automatically process majority of our invoices. And even when the software chooses not to automatically process invoices, it fills most necessary fields so our team can complete the work easier
- Arman D. Commercial Director
My overall experience with Hypatos is quite positive. I see this is the future of data and invoice processing. If I manage to grow my business, will definitely consider using their paid edition to have a more automated process.
- Charlotte S. CEO
Pros & cons
Ocrolus
| Pros |
|---|
| Great Product to Streamline Bank Statement Review Efficiency |
| Ocrolus has been a great resource for our company over the last several years |
| Overall this product is great an we will continue to use it |
| It is also a great double check for me and sometimes finds things that I may not have noticed." |
| Cons |
|---|
| Turn time on improvements and error investigations |
| Needs more transparent process to review Suspicious Activity Flags |
| 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 |
| I work twice to double check the missing information on missed lenders on financial documents and I wait twice as long to process information." |
Hypatos
| Pros |
|---|
| Easy implementation with API |
| Responsive customer support |
| Their UI is also quite intuitive.Automation of data extraction from invoices saved us a lot of time .Provides quite accurate results. |
| Cons |
|---|
| Their documentation can be improved however they were quite responsive and we did not have major glitches |
| Implementation period could be shortened |
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