Pricing that works for every organization
What is Docsumo?
Docsumo is an automated document processing solution that helps operation teams accurately extract data from any document in any layout without manual setup. We started with automated invoice processing and now our services include processing data from bank statements, identity documents, contracts, forms, insurance applications and many more.
Businesses process data from thousands of PDFs, scans and images annually. Yet most of these documents are manually processed which is time-consuming and error-prone. Docsumo uses deep learning to extract and validate data from documents to reduce manual errors and saves operation teams countless hours every month. Our goal is to free up people from manual data processing and let them concentrate on more crucial aspects of their businesses.
How does it work technologically?
Docsumo uses self-driving car technology for document data extraction to achieve a very high level of accuracy. It also validates the extracted data, thus eliminating the necessity for human-in-the-loop for most documents. Unlike traditional OCR solutions that work only for fixed layouts (25-30% of total volume), Docsumo works with documents in any layout with 95% plus accuracy. It solves both the data extraction and validation problems.
What does your pricing model look like?
Our pricing is based on how many documents you process on a monthly basis. Our ‘Growth’ package is perfect for small to mid organizations needing to capture specific data points and train on their data set. Our ‘Business’ package is perfect for larger companies who need to automate multiple workflows. Our ‘Enterprise’ package is suitable for organizations that need to process huge chunk of documents and implement custom workflows. To get an exact quote, please reach out to us.
Does your system require training?
We have pre-trained APIs for common documents such as ID cards, invoices and bank statements. These are plug-and-play APIs and you don’t need to train on your dataset. However, the solution requires training for new document types with non-standard layouts and data points. The accuracy and straight through processing increases over time with continuous learning.
How does Docsumo handle corrections?
Docsumo offers a review tool as part of the solution. Either you can outsource verification of machine output to our team or your internal team can use the review tool. We embed OCR output on the document and provide predictions for key value pairs. This means that the review process required no manual data entry and is a point and click interface.
Does my operations team require training to handle the solution?
Our UI is quite intuitive and user-friendly, but we’d love to set up a session with your operations team to help them walk through it.
What fields does it capture from documents?
For standard document types such as bank statements, Docsumo captures over 20 different fields such as name, account number, bank name, opening balance, and closing balance. To see the full list of fields that are captured for different document types, please check out our API Docs.
How do I change the fields I need to capture?
We provide a very easy workbench to add new key value pairs and tables. Our machine learning algorithms, automatically start picking up new data points with training on 50 to 1000 documents. You can measure the accuracy per field to monitor how Docsumo performs on the new fields that you need to capture.
Does it capture handwritten documents?
No, at this point Docsumo does not work for handwritten documents. It will capture printed and computer generated text from documents but you will have to process rest of the handwritten information manually.
Do you provide on premise installation?
No. Our technology is evolving rapidly and maintaining on premise installations is really difficult at this point in time. We do though integrate with most other softwares via APIs and have excellent security measures in place to ensure data safety.
Do you provide data review service?
Yes, please let us know if you would like us to review the extracted data for a small additional fee per document. Our reviewers try to ensure that the extraction is nearly 100% accurate, so that you never have to review the document yourself.
Do you provide reports?
Yes, we track most of the actions taken on the system and provide a monthly report detailing the time spent by operators, invoices processed, validations performed, accuracy achieved and various other metrics. Please let us know your requirements.
Do you have a mobile app?
Can I get a sandbox/free trial account?
Sure. Let’s set up a call and jump right at it! We would like to understand your use case and see if we can meet your requirements. This also ensures that you get the most out of Docsumo platform.
Start your free trial
We’d love to show you how you can increase your productivity, process your documents faster and save operations cost!