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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 Light4?

We took our proven and reliable Light3, made substantial improvements, streamlined the entire workflow, and incorporated a variety of new features, all while maintaining and even enhancing the user-friendly aspect and exceptional performance that Light is renowned for. Now, users can generate reports with Light4 that can be printed, saved as PDF files, or exported as Excel (.xlsx) files in one simple action, provided they have the necessary "Export" permissions. The contract billing system has received a comprehensive redesign, granting users the ability to bill at any level of the contract—whether it’s summary, task, or CLIN—and to adjust a project's billing hierarchy whenever required. This updated version prioritizes speed, well-organized flexibility, and a multitude of options, including pro-forma invoices, setting a new standard for both performance and the creation and distribution of invoices. Accompanying the software is a sample configuration specifically designed for government contractors, non-profit organizations, and various businesses, which facilitates an easy setup process. Furthermore, the intuitive interface is designed to help users quickly adapt to the new features, ensuring that the transition to Light4 is not only efficient but also enhances the overall user experience. With these advancements, Light4 stands as a remarkable evolution in its field, catering to the diverse needs of its users.

Media

Media

Integrations Supported

Axon Ivy
UiPath

Integrations Supported

API Availability

Has API

API Availability

Pricing Information

Pricing not provided
Free Trial Offered?

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS
iPhone
iPad

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Not specified

Company Facts

Organization Name

Parashift

Date Founded

2017

Company Location

Switzerland

Company Website

parashift.io

Company Facts

Organization Name

CCAS Software

Company Website

www.ccas.com

Categories and Features

Accounts Payable

Approval Process Control
Duplicate Payment Alert
Fraud Detection

Data Entry

Data Capture and Transfer
Data Entry Verification
Duplicate Detection
Image Entry

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
Data Entry
Data Verification
Distributed Capture
Document Imaging
Document Indexing
Remote Capture

OCR

Not specified

Categories and Features

Accounting

Accounts Payable
Accounts Receivable
Billing & Invoicing
Cash Management
Expense Tracking
Fixed Asset Management
General Ledger
Government
Nonprofits
Payroll Management
Project Accounting
Purchase Orders
Tax Management

Reporting

Customizable Dashboard
Financial Reports
Forecasting
Report Export
Scheduled / Automated Reports

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