Ocrolus Stops at the Statement. Heron Takes You to the Decision.
200+ funders replaced legacy, per-page OCR with Heron's AI-native, end-to-end platform — faster, more accurate where it counts, and up to 40% lower cost.
Two Different Categories of Product
On the core capability Ocrolus is known for — parsing bank statements — Heron is faster, more accurate, and on-shore. Then it adds the verification, screening and workflow Ocrolus doesn't do at all.
| Capability | Heron | Ocrolus |
|---|---|---|
| Core Capabilities — Bank-Statement Parsing & Analysis | ||
| Processing speed | ✓Under 1 minute, fully automated | ✗Queue-based — hours |
| Auto-reconciliation | ✓98%+ read automatically | ✗~20% sent to review |
| Human review | ✓In-house, US & UK — under 5 minutes | ✗Overseas — ~4 hours |
| Revenue accuracy | ✓Counts Stripe, Zelle & processor deposits as revenue | ✗Can miss processor / transfer revenue |
| Positions & risk | ✓Separates every position and flags the risky ones — bounced & missed payments, reverse consolidations. Tells MCA, line-of-credit & revenue-based financing apart | ✗Can merge two positions into one |
| Pricing | ✓Flat per statement — up to 40% lower | ✗Per page — blanks & junk included |
| Coverage | ✓100% US, Canada & UK | ✗Gaps in Canada & UK |
| Additional Features Ocrolus Doesn't Provide | ||
| Auto-decline | ✓Declines on ISO-app & enricher data before parsing a statement — saving you money on deals you'll never fund | ✗Not available |
| Business verification | ✓Background checks like CLEAR, Secretary of State, Federal and State Courts & more — 10+ sources in <90 sec | ✗Not available |
| Industry classification | ✓True Industry — 97.56% accurate, predictions verified with transactional data | ✗Not available |
| Fraud & authenticity | ✓Included in the statement fee | Separate product |
| Email forwarding | ✓Forward your inbox; auto-classified | ✗Not available |
| CRM integration | ✓Pre-built + our engineer wires up your CRM | ✗API only (custom dev) |
Faster to a Yes — and Faster to a No
Speed wins deals in this market. Heron clears good submissions in seconds and kills dead ones before you pay to parse them — so you're making offers while competitors are still waiting on a review queue.
Every deal is screened against your credit box the moment it lands — before a single statement is parsed.
You never pay to parse a dead deal — and an underwriter never wastes time on one.
Heron reads 98% of statements automatically in under a second. The 1–2% it flags go to our in-house team in the US & UK — never overseas — and clear in minutes.
Ocrolus sends about 1 in 5 of your deals to an overseas team — hours of waiting on deals you could fund today.
Ocrolus can miss revenue by six figures and merge positions into one — funders nearly wrote bad deals on it. Heron gets revenue and positions right, and flags the risky ones.
One flat per-statement fee — no per-page charges for blank or junk pages.
Background checks like CLEAR, Secretary of State & courts, plus fraud & industry screening Ocrolus doesn't do at all.
Built This Decade, Not Last One
Ocrolus is a legacy OCR engine funders describe as slow and prone to breaking. Heron is AI-native, built in 2020: you hand it a workflow and get a decision back — autopilot, not a tool your team has to babysit. That's the difference between buying software and buying an outcome.
Up to 98% Faster — Deal After Deal
The work that took half an hour now takes seconds. Real reductions in time-to-decision, measured by funders in their own published results.
What Funders Say After Switching
Operators who moved their intake and bank-statement analysis off Ocrolus and onto Heron.
Two weeks after turning on Heron, our 25-person offshore data-entry team went to zero.
We used to work until 1 a.m. just entering applications. With Heron, we're finally out from behind the keyboard — meeting partners, traveling, growing the business.
And one of the UK's largest SME lenders replaced Ocrolus with Heron after a head-to-head evaluation.
Easier to Switch Than to Stay
You don't rip anything out on day one — and you don't build alone. A Heron engineer wires Heron into your CRM, and funders with their own dev teams told us it was faster than building it themselves. Prove Heron on your own deals, keep Ocrolus as a backup, and cut over when the results are in.
Run a free head-to-head
Send the same statements through Heron and Ocrolus, side by side. Compare accuracy, coverage, speed and cost on your own data. $0, no commitment.
Run in parallel
Your own Forward Deployed Engineer (FDE) at Heron sets it up and runs it alongside Ocrolus. Nothing breaks; your team works exactly as they do today.
Cut over when ready
Flip to Heron for the 85–95% it handles instantly, keep Ocrolus for the residual — or fully migrate at renewal.
See the Difference on Your Own Deals
Book a 20-minute walkthrough, or start a free head-to-head pilot against Ocrolus this week.
Everything Funders Ask Before They Move
Comparison last updated July 2026. Details shown for Ocrolus reflect Heron's understanding based on publicly available information and feedback from funders who have used both products; they are not statements by, or endorsed by, Ocrolus. Product capabilities and pricing change over time — confirm current details with each provider directly. All trademarks are the property of their respective owners.