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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 OptiDox?

This sophisticated data extraction solution incorporates an image-to-text converter that utilizes advanced machine learning OCR technology, allowing users to transform a wide range of documents into structured, searchable, and editable text, thus providing critical insights for business operations. Once converted, the data can be conveniently modified, efficiently located, stored in a more compact manner, and shared online. Furthermore, the tool excels at retrieving information from even the most complex and disorganized documents. It is engineered to smartly discern what information to extract and where to find it, continually refining its capabilities through machine learning techniques. Fully automated and powered by artificial intelligence, this software not only optimizes the extraction process but also enhances accuracy, delivering vital insights that support informed decision-making in business. By harnessing this innovative technology, organizations can greatly enhance their data management strategies and operational efficiencies. Ultimately, the implementation of this tool can lead to transformative changes in how businesses handle and utilize their information resources.

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

$250 per month
Free Trial Offered?

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Standard 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

Online Training

Company Facts

Organization Name

Parashift

Date Founded

2017

Company Location

Switzerland

Company Website

parashift.io

Company Facts

Organization Name

Zietra

Date Founded

2020

Company Website

zietra.com/index/optidox_by_zietra

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

Data Extraction

Not specified

OCR

Not specified

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