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What is Ocrolus?

Transform your back office processes by implementing automation that harnesses the power of artificial intelligence alongside crowdsourced insights. Effortlessly retrieve and analyze data from any image with an impressive accuracy rate exceeding 99%, independent of its quality. The method of data retrieval has never been more user-friendly. You can seamlessly interpret images in your preferred format, allowing for greater flexibility. Ocrolus merges the speed of machines with the discerning eye of human quality control experts to guarantee outstanding accuracy. Protect your data with state-of-the-art security measures akin to those utilized by financial institutions, complemented by a thorough audit trail. Eliminate the hassle of labor-intensive manual reviews and monotonous comparisons. Evaluate financial health effectively by leveraging bank data and cash flow analytics. Accurately determine income for individuals across diverse employment scenarios. Effortlessly extract and confirm address information from all document types while swiftly accessing employment details from multiple sources. Validate and establish identity through various document formats without difficulty. Furthermore, enhance the Ocrolus platform to foster innovation and streamline customer interactions, leading to a more seamless and effective experience for users. This modernization not only enhances productivity but also significantly elevates customer satisfaction, creating a win-win situation for both the business and its clients. Embracing these advanced solutions will prepare your organization for future challenges while ensuring it remains competitive in a rapidly evolving market.

What is Facctum?

Facctum is a cutting-edge platform designed to help financial institutions efficiently manage their compliance requirements by leveraging AI-powered adverse media screening, AML compliance, sanctions checks, and watchlist management. The platform uses intelligent agents to automate data extraction from unstructured sources like press releases and regulatory publications, converting them into enriched, actionable profiles that can be seamlessly integrated into an organization's compliance workflows. By automating these tasks, Facctum eliminates the need for manual data mapping and minimizes the risk of errors or false positives, making the compliance process faster and more reliable. Its real-time data ingestion capabilities allow for instant updates, ensuring that financial institutions always have access to the latest information for decision-making. The platform's intelligent data mesh further breaks down data silos, enabling cross-functional teams to access and utilize governed data securely and efficiently. Additionally, Facctum’s cloud-native architecture ensures rapid deployment, scalability, and flexibility to meet the needs of modern financial organizations. The system is built with robust security protocols, including AES-256 encryption and compliance with international standards, ensuring data privacy and integrity. Facctum also offers powerful analytics and reporting features, giving compliance teams the insights they need to stay ahead of evolving regulatory challenges. By automating complex compliance tasks and providing real-time intelligence, Facctum empowers organizations to improve operational efficiency, reduce costs, and make better, more informed decisions.

Media

Media

Integrations Supported

Automation Anywhere
Dow Jones Risk & Compliance
LSEG World-Check
LendingFront
Lucinity
Noble
Plaid
UiPath
Unqork

Integrations Supported

Automation Anywhere
Dow Jones Risk & Compliance
LSEG World-Check
LendingFront
Lucinity
Noble
Plaid
UiPath
Unqork

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Ocrolus

Date Founded

2014

Company Location

United States

Company Website

www.ocrolus.com

Company Facts

Organization Name

Facctum

Date Founded

2021

Company Website

www.facctum.com

Categories and Features

Data Extraction

Disparate Data Collection
Document Extraction
Email Address Extraction
IP Address Extraction
Image Extraction
Phone Number Extraction
Pricing Extraction
Web Data Extraction

Document Management

Access Controls
Archiving & Retention
Collaboration Tools
Compliance Tracking
Document Archiving
Document Assembly
Document Capture
Document Conversion
Document Delivery
Document Indexing
Document Retention
Electronic Signature
Email Management
File Recovery
File Type Conversion
Forms Management
Full Text Search
Offline Access
Optical Character Recognition
Print Management
Version Control

Fraud Detection

Access Security Management
Check Fraud Monitoring
Custom Fraud Parameters
For Banking
For Crypto
For Insurance Industry
For eCommerce
Internal Fraud Monitoring
Investigator Notes
Pattern Recognition
Transaction Approval

OCR

Batch Processing
Convert to PDF
ID Scanning
Image Pre-processing
Indexing
Metadata Extraction
Multi-Language
Multiple Output Formats
Text Editor
Zone Selection Tool

Robotic Process Automation (RPA)

Analytics
Attended Automation
Code-free Development
Image Recognition
Optical Character Recognition
Process Builder
Third Party Application Integration
Unattended Automation

Categories and Features

Data Extraction

Disparate Data Collection
Document Extraction
Email Address Extraction
IP Address Extraction
Image Extraction
Phone Number Extraction
Pricing Extraction
Web Data Extraction

Fraud Detection

Access Security Management
Check Fraud Monitoring
Custom Fraud Parameters
For Banking
For Crypto
For Insurance Industry
For eCommerce
Internal Fraud Monitoring
Investigator Notes
Pattern Recognition
Transaction Approval

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