The Only Docparser Alternative for Template-Free Doc AI Solution

Docsumo's proprietary AL and ML capabilities enable it to adapt to any document variations across formats, all neatly packaged in straightforward, usage-based pricing.
No credit card required
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

Let's compare Docsumo & Docparser

Automate data extraction to let you capture data from documents without worrying about any template-change ever again

Docsumo

vs.

Docparser

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

Let's compare Docsumo & Docparser

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 Docparser

No need to re-train the documents

Docparser software excels with documents that have well-defined templates. However, any slight changes in layout require retraining the data capture model. 

In contrast, Docsumo's intelligent data capture APIs effortlessly adapt to changes in document layouts and versions, as long as the data fields to capture remain constant.

Turn data into insights

While Docparser focuses solely on semi-manual data extraction, Docsumo utilizes AI and ML capabilities to interpret customer sentiments, analyze invoice data, detect fraudulent activities in financial documents, and enhance the decision-making process.

Didn't find your API?
Train yours easily

Create your own API by training on your model with as few as 50 documents. Docsumo's capability grows with the volume of documents, ensuring increased accuracy.

Docparser OCR lacks this flexibility and is confined to specific use cases.

Get used to 90%+ touchless processing

Docparser falls short in accuracy when dealing with documents exhibiting significant variability.

Docsumo, on the other hand, introduces an additional layer of verification through human-in-the-loop and automated alerts for data review. As the model learns, more documents are processed automatically, reducing manual work.


Integrate easily with your existing systems

Docsumo seamlessly integrates with your current systems, including CRMs, ERPs, and in-house software.
 
Unlike Docparser, it allows you to obtain data in your preferred output formats such as MS Excel and JSON, all without disrupting your existing workflows.

Reduce risk by validating data

Docsumo brings in an extra layer of accuracy with Excel-like formula rules to address complex business conditions. 

Docparser lacks the capability to handle these intricate business case validations
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G2 & Capterra Ratings for Docsumo