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What is Parashift?

Eliminate the monotonous chore of manual invoice data entry entirely with Parashift, which enables you to instantly eradicate all of your data entry tasks. There’s no need for any initial setup, complicated infrastructure, or intricate licensing agreements; we charge you solely based on the number of documents processed, with no minimum requirements, allowing you to easily start on a small scale. Our highly adaptable cloud infrastructure provides you with the flexibility to modify your usage as needed, whether that involves scaling up or down. Parashift goes beyond conventional OCR and data capture solutions by also verifying the extracted data, giving you confidence in its accuracy. This groundbreaking approach significantly streamlines your accounts payable processes, promoting a more efficient workflow. We manage the most commonly utilized purchase-to-pay documents such as offers, orders, order confirmations, delivery notes, pro-forma invoices, receipts, credit notes, and dunning notices, including those with overdue fines. Additionally, Parashift integrates effortlessly with your current Purchase to Pay systems, ensuring a seamless and stress-free transition. By implementing this solution, you'll witness a striking enhancement in both operational efficiency and overall productivity while freeing up valuable time for your team to focus on more strategic tasks. The result is a transformative improvement in your business processes that can drive long-term success.

What is DocuVantage OnDemand?

DocuVantage OnDemand® provides an economical, cloud-based solution designed to enhance your Accounts Payable workflow. This platform automates the processes of routing, approval, collaboration, and records retention efficiently. Furthermore, it integrates associated documents into a user-friendly and fully auditable system that can be customized to fit your specific requirements. You can securely access your data from any internet-enabled device, regardless of your physical location and at any time. There are no associated costs for hardware, software, or upgrades, allowing you to get started in a matter of minutes or days rather than enduring a lengthy setup period. With DocuVantage OnDemand®, you can effectively monitor and safeguard all incoming invoices along with their related documents. Additionally, the system offers early payment discounts while preventing late payments. The inclusion of automated OCR minimizes data entry mistakes and enables you to match approved purchase orders with invoices, helping to avoid overpayments. Reach out to us today to arrange a demonstration and discover how we can optimize your Accounts Payable process, enabling you to focus on expanding your business successfully. By choosing DocuVantage OnDemand®, you are investing in a solution that not only enhances operational efficiency but also contributes positively to your bottom line.

Media

Media

Integrations Supported

Axon Ivy
CYMA Financial Management
Deltek Ajera
Microsoft Dynamics GP
QuickBooks Online
UiPath

Integrations Supported

Axon Ivy
CYMA Financial Management
Deltek Ajera
Microsoft Dynamics GP
QuickBooks Online
UiPath

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

$20.00/month/user
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Parashift

Date Founded

2017

Company Location

Switzerland

Company Website

parashift.io

Company Facts

Organization Name

Document Advantage

Date Founded

1999

Company Location

United States

Company Website

www.docuvantage.com

Categories and Features

Accounts Payable

Approval Process Control
Bank Reconciliation
Cash Management
Check Writing
Duplicate Payment Alert
Fraud Detection
General Ledger Entry
Vendor Management

Data Entry

Abbreviation Detection
Data Capture and Transfer
Data Cleansing
Data Entry Verification
Data Search Flexibility
Duplicate Detection
Flexible Search
Image Entry
Library Conversion
Mis-Keyed Variation Detection
Phonetic Variation Detection

Data Extraction

Disparate Data Collection
Document Extraction
Email Address Extraction
IP Address Extraction
Image Extraction
Phone Number Extraction
Pricing Extraction
Web Data Extraction

Electronic Data Capture

Audit Trail
CRF Tracking
Data Entry
Data Verification
Distributed Capture
Document Imaging
Document Indexing
Forms Management
Remote Capture
Study Management

OCR

Batch Processing
Convert to PDF
ID Scanning
Image Pre-processing
Indexing
Metadata Extraction
Multi-Language
Multiple Output Formats
Text Editor
Zone Selection Tool

Categories and Features

Accounts Payable

Approval Process Control
Bank Reconciliation
Cash Management
Check Writing
Duplicate Payment Alert
Fraud Detection
General Ledger Entry
Vendor Management

Document Management

Access Controls
Archiving & Retention
Collaboration Tools
Compliance Tracking
Document Archiving
Document Assembly
Document Capture
Document Conversion
Document Delivery
Document Indexing
Document Retention
Electronic Signature
Email Management
File Recovery
File Type Conversion
Forms Management
Full Text Search
Offline Access
Optical Character Recognition
Print Management
Version Control

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