OCRex AutoRec

Bank reconciliation software for SMBs

4 /5 (1 review) Write a Review!

OCRex AutoRec Overview

What is OCRex AutoRec?

AutoRec is a bank reconciliation software for accountancy practitioners and bookkeepers. The software can also be used for general data extraction.

AutoRec automates the process of performing bank reconciliation & statement analysis from paper bank and credit card statements and quickens the preparation of accounts for incomplete records clients. AutoRec can replace labour intensive processing and data-entry tasks for accountants and bookkeepers.

AutoRec builds upon Optical Character Recognition (OCR) technology and intelligent data cleansing to significantly reduce work time. AutoRec is used internationally by nearly 1,000 accountancy firms in the UK, Ireland, New Zealand, Australia and South Africa. OCREX also provides OCR software and integration solutions for different document types to provide significant time and labour cost savings for customers.

OCRex AutoRec Overview

Pricing

Starting from
£99.00/year

Pricing options

Free Trial
Subscription
Value for money

Bronze: £99.00/year.

- 1 user. 125 pages per year.

Silver: £299.00/year

- 2 users. 500 pages per year.

Gold: £649.00/year

- 3 users. 2000 pages per year.

Platinum: £999.00/year

- 5 users. 5000 pages per year.

Extra users are £39/month each. AutoRec packages include full, online training sessions and support.


OCRex AutoRec Features

Devices
Business size
S M L
Markets
United Kingdom, Australia
Supported Languages
English

Media

Data extracted from scanned documents is displayed in an AutoRec spreadsheet
AutoRec will read each scanned page image and automatically detect what bank statement type it is
As users hover over figures on the spreadsheet, the corresponding section of the scanned document is shown
Clicking "Recognise Document" prompts AutoRec to scan the document and extract data
OCRex AutoRec video OCRex AutoRec screenshot: Data extracted from scanned documents is displayed in an AutoRec spreadsheet OCRex AutoRec screenshot: AutoRec will read each scanned page image and automatically detect what bank statement type it is OCRex AutoRec screenshot: As users hover over figures on the spreadsheet, the corresponding section of the scanned document is shown OCRex AutoRec screenshot: Clicking "Recognise Document" prompts AutoRec to scan the document and extract data

OCRex AutoRec Reviews

OCRex AutoRec Reviews

Overall rating
4
/
5
Excellent
0

Very good
1

Average
0

Poor
0

Terrible
0

Value for Money
2
Features
5
Ease of Use
5
Customer Support
1
100% recommended this app
Arash S.

You have to beg them to issue you invoice

As a software brilliant
As support and purchasing credit last awful


Arash S.
Industry: Accounting
Company size: 2-10 Employees

You have to beg them to issue you invoice

Used Other for 2+ years
Reviewed on 25/01/2019
Review Source: Capterra

As a software brilliant
As support and purchasing credit last awful

Pros

East of use
Many templates
Export to excel

Cons

Have to call sales to get credits.
They not the most efficient of people in doing this.
Waited 3 days for someone to send me invoice. Gave up and gone somewhere else.

Apparently the guy who issued invoices was out of office and busy !!!

Rating breakdown

Value for Money
Ease of Use
Customer Support

Likelihood to recommend: 0.0/10

User recommendation
0/10
Based on 1 user ratings
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OCRex AutoRec Pricing

OCRex AutoRec Pricing

Starting from
£99.00/year
Free Trial
Subscription
Value for money

Bronze: £99.00/year.

- 1 user. 125 pages per year.

Silver: £299.00/year

- 2 users. 500 pages per year.

Gold: £649.00/year

- 3 users. 2000 pages per year.

Platinum: £999.00/year

- 5 users. 5000 pages per year.

Extra users are £39/month each. AutoRec packages include full, online training sessions and support.

Bronze: £99.00/year.

- 1 user. 125 pages per year.

Silver: £299.00/year

- 2 users. 500 pages per year.

Gold: £649.00/year

- 3 users. 2000 pages per year.

Platinum: £999.00/year

- 5 users. 5000 pages per year.

Extra users are £39/month each. AutoRec packages include full, online training sessions and support.

Value for Money
2/5
Based on 1 user ratings
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OCRex AutoRec Features

OCRex AutoRec Features

API
Accounting Integration
Accounting Management
Activity Dashboard
Audit Trail
Automatic Notifications
Billing & Invoicing
Compliance Management
Customisable Reporting
Data Import/Export
Electronic Payments
Expense Tracking
Financial Analysis
Invoice Management
Invoice Processing
Multi-Currency
Real Time Data
Reporting & Statistics
Third Party Integration
Workflow Management
Features
5/5
Based on 1 user ratings
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Categories

Additional information for OCRex AutoRec

Additional information for OCRex AutoRec

Key features of OCRex AutoRec

  • Account reconciliation
  • Bank reconciliation
  • Customer accounts
  • Dashboard
  • Data collection
  • Export data to other software packages
  • Extract data from paper or PDF statements
  • Receipts analysis
  • Revenue audit preparation

Benefits

AutoRec automates the extraction of data from scanned images and PDF files of bank and credit card statements.

Accountants are able to scan clients' bank statements on a standard scanner, straight into a bank reconciliation spreadsheet.

AutoRec then verifies the accuracy of all scanned data, reading each scanned page image to identify what type of bank statement it is.

AutoRec extracts highly accurate data from scanned images of clients' paper bank documents or PDFs.

AutoRec can recognise and distinguish between dates, numbers, multi-line descriptions and cheque numbers accurately. The software recognises each cheque number presented on bank statements and even identifies and presents any missing cheque numbers.

OCRex AutoRec FAQs

OCRex AutoRec FAQs

Below are some frequently asked questions for OCRex AutoRec.

Q. What type of pricing plans does OCRex AutoRec offer?

OCRex AutoRec offers the following pricing plans:

Starting from: £99.00/year

Pricing model: Subscription

Free Trial: Not Available

Bronze: £99.00/year. - 1 user. 125 pages per year. Silver: £299.00/year - 2 users. 500 pages per year. Gold: £649.00/year - 3 users. 2000 pages per year. Platinum: £999.00/year - 5 users. 5000 pages per year. Extra users are £39/month each. AutoRec packages include full, online training sessions and support.

Q. What are the main features of OCRex AutoRec?

OCRex AutoRec offers the following features:

  • Account reconciliation
  • Bank reconciliation
  • Customer accounts
  • Dashboard
  • Data collection
  • Export data to other software packages
  • Extract data from paper or PDF statements
  • Receipts analysis
  • Revenue audit preparation

Q. Who are the typical users of OCRex AutoRec?

OCRex AutoRec has the following typical customers:

Small Business, Freelancers, Mid Size Business

Q. What languages does OCRex AutoRec support?

OCRex AutoRec supports the following languages:

English

Q. What type of pricing plans does OCRex AutoRec offer?

OCRex AutoRec has the following pricing plans:

Subscription

Q. Does OCRex AutoRec support mobile devices?

We do not have any information about what devices OCRex AutoRec supports

Q. What other apps does OCRex AutoRec integrate with?

We do not have any information about what integrations OCRex AutoRec has

Q. What level of support does OCRex AutoRec offer?

OCRex AutoRec offers the following support options:

Online Support, Phone Support