The Only Ocrolus Alternative For Lending

Looking for the best data extraction solution for your commercial lending business? Well, you're just about to sign up to the most comprehensive way to extract data from unstructured documents easily, efficiently, and accurately.
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Arbor Logo
Best Document AI solution that comes with pre-trained APIs a CRE lender needs
"Amongst others, the biggest advantage of partnering with Docsumo is the data capture accuracy they’re able to deliver. We’re witnessing a 95%+ STP rate, that means we don’t even have to look at risk assessment documents 95 out of 100 times, and the extracted data is directly pushed into the database."
Howard Leiner
CTO, Arbor
Docsumo is your go-to solution if you need a flexible solution to capture data from unstructured documents
“Docsumo does a very good job when it comes to our specific use-case. Debt settlement letters vary a lot from each other, but Docsumo manages to capture data accurately almost every single time at the processing speed which is unprecedented. We’re witnessing the STP rate of over 95% with Docsumo.
Daniel Tilipman
President & Co-Founder, National Debt Relief
Jones Logo
With Docsumo we are now able to process thousands of ACORD Forms in a day
“We were looking for a tech partner to automate analysis of certificates of insurance for our real estate liability management software. We are really happy with Docsumo’s APIs and their team’s dedication to solving our problem. We are now able to process thousands of ACORD forms a day automatically while being able to get accurate analytics from over 100 data points”
Michael Rudman
Co-founder & CTO, Jones
With Docsumo, we are now able to save more than 500 hours per month.
BiagiBros Logo
“With Docsumo, we are now able to assign barcodes in less than 2 mins. The same process used to take us 20 mins previously. We are now saving hundreds of hours a month generating Advanced Shipment Notifications. It has reduced manual errors drastically.”
Neil Lawrence
Business Process Manager, BiagiBros, California
Westland Logo
One solution for different utility bill formats
“We’re processing utility bills from 6 different service providers for portfolio management. The challenge was to have just one solution to process all different versions of bills to save us the hassle of retraining & switching amongst multiple solutions. Docsumo has been able to deliver just that - one solution for all different variations.“
Shani Nowlin
Chief Technology Officer Westland Real Estate Group
Payu Logo
Best in class for capturing data from financial documents
“We are using Docsumo’s APIs for automating data capture from bank statements and identity cards while on-boarding customers. It has reduced the time our operations team spends on data entry by manifolds while providing a much better customer experience.”
Prashanth Ranganathan
CEO, PayU Credit
Source: G2 Summer Report 2024
Leader in Intelligent Document Processing

Let's compare Ocrolus & Docsumo

Automate data extraction for your lending business in the simplest platform that's built for it

Docsumo

vs.

Ocrolus

Pre-trained APIs & Custom Models

Create new doc type
Train custom ML models
Auto-learn new document formats/layouts
Process large documents

End-to-end automation

Auto-classification and auto split
Straight through processing
Auto assign reviewers
Auto alerts for discrepancies/reviews for exceptions

Efficiency

Field-level confidence score
Auto-apply learnings from new doc types
Extraction in 30 seconds

Risk reduction

Embeddable review tool
Validation rules
Validate from database
Document error detection

Analytics

Analyze document data
Post process extracted data

Integration

Upstream - Emails
Downstream - CRMs like Salesforce, Yardi etc.
ERPs, HCMs
Automate data extraction for your lending business in the simplest platform that's built for it

Pre-trained APIs & Custom Models

Create new doc type
Train custom ML models
Auto-learn new document formats/layouts
Process large documents

End-to-end automation

Auto-classification and auto split
Straight through processing
Auto assign reviewers
Auto alerts for discrepancies/reviews for exceptions

Efficiency

Field-level confidence score
Auto-apply learnings from new doc types
Extraction in 30 seconds

Risk reduction

Embeddable review tool
Validation rules
Validate from database
Document error detection

Analytics

Analyze document data
Post process extracted data

Integration

Upstream - Emails
Downstream - CRMs like Salesforce, Yardi etc.
ERPs, HCMs

Pre-trained APIs & Custom Models

Create new doc type
Train custom ML models
Auto-learn new document formats/layouts
Process large documents

End-to-end automation

Auto-classification and auto split
Straight through processing
Auto assign reviewers
Auto alerts for discrepancies/reviews for exceptions

Efficiency

Field-level confidence score
Auto-apply learnings from new doc types
Extraction in 30 seconds

Risk reduction

Embeddable review tool
Validation rules
Validate from database
Document error detection

Analytics

Analyze document data
Post process extracted data

Integration

Upstream - Emails
Downstream - CRMs like Salesforce, Yardi etc.
ERPs, HCMs

6 Reasons To Choose Docsumo over Ocrolus

Best suited for lenders

Ocrolus works well only for a limited set of documents. However, Docsumo's comprehensive approach covers more than 30 document APIs across lending use cases.

With automation,
make data processing a breeze

Ocrolus offers an advanced OCR offering but lacks the thoroughness necessary for optimal workflow efficiency.

However, Docsumo's fully automated platform, coupled with human-in-the-loop machine learning, cross-verifies data and later on brings about 95%+ straight-through processing.

Didn't find your API?
Train yours easily

Create your own API by training on your model with as few as 50 documents. As the volume of documents increases, the more accurate it becomes. 

Get on a call with our experts to try our sandbox environment before you try out Ocrolus API.

Get used to 95%+ accuracy

Ocrolus OCR falls short in accuracy when dealing with documents exhibiting variability in document types. 

Docsumo’s model learns as more document types are processed and gives an accuracy of more than 95% when you go live.


Integrate easily with your existing systems

Docsumo integrates with your existing systems, including CRMs, ERPs, and in-house software.

Unlike Ocrolus, Docsumo provides flexibility in output formats, delivering data in your preferred choices such as MS Excel and JSON

Steer clear of delays with a speedy setup and a user-friendly interface

No confusion – With expert assistance and clear documentation, your team can have the document processing workflow up and running in no time.
Ready to automate your data extraction?
Let's talk.
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Docsumo's intelligent document processing enables you to extract data easily, efficiently, and accurately.
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G2 & Capterra Ratings for Docsumo