Comparison
Underly vs Ocrolus
Ocrolus is a document AI platform for many kinds of lending, with optional human review, priced by quote. Underly reads MCA and small-business bank statements, free to start.
LendPipe team
Underly
Bank statement analysis for lenders, brokers and accountants
- Best for
- Funders, ISO brokers and accountants
- Try it
- 10 statements free, no card
- Paid plans
- From $49 a month for 100 statements
- You pay for
- Statements: one account, one month
Ocrolus
AI workflow and analytics platform for lenders
- Best for
- Small-business, mortgage and consumer lenders
- Try it
- Free trial of up to 100 pages
- Paid plans
- Quote-only, by document type and volume
- You pay for
- Statements, pages or books, by contract
Where they differ
How is Underly different from Ocrolus?
Made for MCA and small-business files
- Underly
- Reads business bank statements for debt-to-revenue, positions, true revenue, NSFs and negative days.
- Ocrolus
- Reads bank statements, pay stubs, tax forms and more across many kinds of lending.
Checked against the bank's own balances
- Underly
- Each statement's lines are added up from the printed opening balance and matched to the printed closing balance.
- Ocrolus
- Offers human review of extracted data on its Complete service level.
Every position by funder
- Underly
- Each existing position with its funder, payment, cadence and monthly total.
- Ocrolus
- The number and names of fintech MCA providers on the book.
Side by side
Underly and Ocrolus, line by line
| Underly | Ocrolus | |
|---|---|---|
| Reading the statements | ||
| Existing positions | Each funder, payment, cadence and monthly total | Names of fintech MCA providers on the book |
| True revenue | Transfers, owner money, financing and returns removed | Revenue formula with the tags you deduct |
| Balances | Average daily, lowest, negative days and NSFs | Average daily balance, negative days and NSFs |
| Altered statements | PDF metadata and balance checks, rated | File, pixel and AI-content checks, scored 0–100 |
| Files | PDF, CSV, Excel and photos | PDFs and photos, plus Plaid and Finicity |
| What you get back | ||
| Human review | No: Printed balances checked instead | Yes: On the Complete service level |
| Exports | CSV, Excel workbook and PDF report | Excel analytics export and JSON |
| API and LOS | Yes: API and webhooks on paid plans, no LOS integration | Yes: API, Encompass and MeridianLink |
| Data | ||
| Security | SOC 2 Type II audited providers | SOC 2, ISO 27001, PCI DSS and more |
| Model training | Statements never used | Verified documents improve its models |
Ocrolus facts from 6 pages on ocrolus.com, checked October 13, 2026
Fit
Which should you choose?
Choose Ocrolus if
- You process pay stubs, tax returns or mortgage files too.
- You want people checking the data before you see it.
- You need an LOS integration or open banking.
- Your vendor review asks for SOC 2 or ISO 27001.
Choose Underly if
- You underwrite MCA or small-business files.
- You want to start today at a published price.
- Statements come as CSV or Excel as well as PDF.
- You want your statements kept out of model training.
Price
Is Underly cheaper than Ocrolus?
A four-month file on one account
Underly
$49 a month covers 100
4 statements
Ocrolus
By statement, page or book
Quote
Ocrolus prices by quote, based on document type, volume and contract terms. Underly's prices are public: 10 statements free, then from $49 a month.
FAQ
Common questions
Is Underly an Ocrolus alternative?
For bank statement analysis on MCA and small-business files, yes. Underly reads bank statements only, so it doesn't replace Ocrolus for pay stubs, tax forms, mortgage files or LOS integrations.
Does Underly use human reviewers like Ocrolus?
No. Underly adds up each statement's lines from the printed opening balance and compares the result with the printed closing balance, so you can see which statements reconcile and which figures to check.
Is there a free trial?
Underly's first 10 statements are free with no card, straight after signup. Ocrolus offers a free trial of up to 100 pages.
Start with 10 free statements
No card required. Unlimited users on every plan.