Ocrolus products, PerfectAudit and Medicaid-Genius, are powered by the Company’s proprietary back-end engine, a tidy combination of Optical Character Recognition (OCR) transaction detection, crowdsourced data validation, and algorithmic reconciliation. In other words, we read bank statement images with stunning accuracy - over 99% regardless of document quality. Summary analytics and transaction results are accessible via API integration, or through a grandfather-friendly user interface that can instantly filter and search by account, date, description, and dollar amount. Missing statements are automatically identified, transfers are detected, and potentially fraudulent activity is flagged for review. Tiresome hours of cross-referencing, data entry, and line-by-line cleansing can now be spent on cerebral tasks.
Ocrolus employs Amazon Web Services, the same platform used by the National Security Agency and the Department of Defense, to process and store all user data. The flexibility of operating in the cloud allows Ocrolus to deliver the most accommodating pricing structures available. Ocrolus clients only pay for the computing resources they actually consume. And with all of our data housed in Amazon’s ultra-secure facilities, monitored 24/7 by security guards and accessible only by biometric scanning, Ocrolus users are guaranteed the highest level of data protection.
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Ocrolus technology disrupts existing bank statement analysis methods across a number of industries. The core values Ocrolus delivers - superior accuracy and speed at a lower cost - are universally applicable to all professionals who review financial documents.
use our API to increase underwriting automation, bolster regulatory framework, and combat bad debt.
who make health or insurance coverage determinations optimize their existing processes using our platform.
large and small employ Ocrolus to analyze an unpredictable, fluctuating volume of statements.
working on divorce proceedings, guardianship accountings, and long-term care Medicaid applications boost their efficiency with our products.
including tax auditors, law enforcement agents, legal practitioners, and healthcare eligibility reviewers no longer endure tedious page-by-page examination thanks to Ocrolus.
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