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What is Upstage Document Parse?

Upstage Document Parse is a powerful tool designed to transform complex documents—such as PDFs, scanned images, spreadsheets, and presentations—into structured HTML or Markdown that machines can readily interpret, all while ensuring high-speed and accuracy suitable for enterprise needs. With advanced layout understanding, it skillfully recognizes intricate tables, charts, and coordinates, processing each page in roughly 0.6 seconds, which allows for the processing of 100 pages in under a minute—5 to 10 times faster than its competitors—while achieving over 5% higher accuracy in layout and table detection, boasting TEDS scores of 93.48 and TEDS-S scores of 94.16. The tool can be easily integrated through a REST API, is available for on-premises deployment, or can be utilized via cloud platforms like AWS, facilitating a smooth incorporation into existing workflows with user-friendly client libraries. Its versatile applications range from enhancing enterprise search functionalities and delivering AI-powered document summaries to digitizing legal and compliance documentation and optimizing financial report processing, all while maintaining precise layouts and ensuring that outputs are clean and searchable for future applications. Additionally, this innovative technology aids organizations in refining their data management practices and boosting their overall operational efficiency, ultimately driving productivity and ease of access across various sectors.

What is SmartPDF?

Basware SmartPDF is a groundbreaking AI-driven solution that seamlessly transforms emailed PDF invoices into electronic invoices (e-invoices). By extracting high-quality information from both machine-readable and image-based PDFs, it boasts an impressive accuracy exceeding 97% and operates without any delays. The software employs sophisticated algorithms to examine invoice layouts while utilizing state-of-the-art AI technology to guarantee flawless processing. Moreover, it incorporates a self-validation feature that allows finance teams to manage exceptions, such as invoices lacking crucial information or containing unrecognized elements, by enabling the AI to learn and adapt for automatic processing of these scenarios. SmartPDF efficiently captures detailed header and line-level information from PDF invoices, promoting increased automation and enhancing usability for subsequent processes. Additionally, it adeptly handles multiple individual PDF documents received in a single email, as well as various invoices merged into one document, thus optimizing the invoicing workflow for businesses. This not only simplifies the invoicing process but also maximizes efficiency across the organization's financial operations.

Media

Media

Integrations Supported

AWS Marketplace
AWS Trainium
Amazon Web Services (AWS)
Basware
HTML
Markdown
Upstage AI

Integrations Supported

AWS Marketplace
AWS Trainium
Amazon Web Services (AWS)
Basware
HTML
Markdown
Upstage AI

API Availability

Has API

API Availability

Has API

Pricing Information

$0.1 per 1M tokens
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
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

Upstage AI

Date Founded

2020

Company Location

United States

Company Website

www.upstage.ai/products/document-parse

Company Facts

Organization Name

Basware

Date Founded

1985

Company Location

United States

Company Website

www.basware.com/en/solutions/ap-automation/smartpdf

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Categories and Features

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