Alphamoon.ai VS Parashift

Alphamoon is an award-winning Machine Learning, NLP, and Data Science company helping companies automate their document processing and extract valuable document data using an AI-based platform.

We developed a technology that reduces the time and cost of document processing by automating it, with the help of state-of-the-art AI methods and NLP. The technology is designed to collect and process data from any kind of document in any format. Our platform can be easily adapted without additional implementation or coding, providing customers with a costless extension to automate multiple business processes.

The number of potential use cases is constantly expanding. Currently, they range from fintech, banking, insurance, and debt collection to retail and specific case-by-case implementations. Among those specific applications, Alphamoon’s AI excels in improving skip tracing processes, data extraction from invoices, and meeting various OCR-based needs.

Visit our website and let's chat!

Parashift built a software with artificial intelligence to handle documents. Unlike its competitors, Parashift offers 100% correct extraction of data from paper documents. Further, they shifting paradigm how documents are handled in future. After 2 years of science basic research with PhD in mathematics, Engineers etc. they launched this year their platform.

Today, many companies are still processing most of their daily document inflow manually. This is not only very time consuming and expensive, but not necessary any-more. Parashift provides companies sophisticated solutions based on machine learning technologies for their individual needs. Empowered by these technologies, companies benefit from time and cost reduction by up to 80% related to document management processes. In the process of getting product-market fit, Parashift has built a proprietary artificial intelligence data extraction engine that enables customers to send random, unprepared receipts and invoices to a developed platform which then undergoes a quality enhancement before the engine makes document classifications and full data extractions with implemented confidence checks. Customers then have the optionality to do either a self-validation process on low confidence documents or make us of Parashift’s offer to validate GDPR compliant results, using a combination of technological and human measures.