Software Alternatives, Accelerators & Startups

Bench VS Docsumo

Compare Bench VS Docsumo and see what are their differences

Bench logo Bench

Bench is the online bookkeeping service.

Docsumo logo Docsumo

Extract Data from Unstructured Documents - Easily. Efficiently. Accurately.
  • Bench Landing page
    Landing page //
    2023-10-18
  • Docsumo Landing page
    Landing page //
    2022-12-30

Docsumo is an intelligent document processing platform for financial services firms. Docsumo helps businesses and enterprises extract data from documents, analyze that data and detect document fraud.

Docsumo’s technology reduces back-office costs by up to 70% and increases productivity by 50%. For every million documents processed by a bank at about $1 per document, DocSumo can directly save $700k. What differentiates Docsumo is that their technology can read non-standardised documents such as bank statements, invoices, pay stubs and contracts with over 99% accuracy and more than 95% straight-through processing.

Docsumo features include:-

✅Data Capture from forms, semi-structured and unstructured financial documents ✅Pre-Trained API stack for loan application, insurance compliance, invoices, supply chain management, and Commercial Real Estate applications ✅Review & edit tool that allows you to click on any text in a document to capture data without manual entry ✅Out of the box API endpoint (accessible via Settings page) & option to download CSV ✅Multiple learning mechanism to ensure maximum accuracy ✅Simple pay as you go pricing ✅Ability to customize fields from the frontend ✅Define templates for recurring documents ✅Self-train neural network on your dataset

Choose Docsumo, if you want to:- - Automate the document data extraction end-to-end - Efficiently scale your process and your business eliminating manual data entry - Reduce risk by validating data

Bench

Website
bench.co
$ Details
-
Platforms
-
Release Date
-

Docsumo

$ Details
paid Free Trial $500.0 / Monthly (Growth Plan | 3 Users | Pre-trained APIs for 3 document types)
Platforms
Web
Release Date
2019 October

Bench videos

The Best Adjustable Bench I've Ever Used...

More videos:

  • Review - Best Bench for the Money - Rep Fitness FB-5000 Review
  • Review - BEST ADJUSTABLE WEIGHT BENCH - Rep Fitness AB5000 Zero Gap / Rogue AB3 Adjustable Weight Bench

Docsumo videos

Document AI Platform Explainer Video (Docsumo)

More videos:

  • Demo - Docsumo Demo
  • Review - Extract tables from PDF/Image for Free | Convert PDF to Excel/CSV/JSON with Docsumo
  • Tutorial - Docsumo Review Tool - How to view & correct extracted data

Category Popularity

0-100% (relative to Bench and Docsumo)
Accounting
100 100%
0% 0
Data Extraction
0 0%
100% 100
Bookkeeping
100 100%
0% 0
OCR
0 0%
100% 100

User comments

Share your experience with using Bench and Docsumo. For example, how are they different and which one is better?
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Social recommendations and mentions

Based on our record, Bench should be more popular than Docsumo. It has been mentiond 9 times since March 2021. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

Bench mentions (9)

  • Which Accounting Program Should I use for LOTS of Online Sales through Amazon? Xero, Wave, or Quickbooks???
    I used bench.co for my accounting when I ran my amazon business. Source: over 1 year ago
  • What business do you run?
    It's rare we decide to go up against someone that's already established and has all the pieces to begin with. For example, we recently put off venturing into the book-keeping space because Bench has already been crushing it and has hundreds of millions in venture funding behind them; we weren't willing to allocate the required resources to make much of a dent. Source: over 2 years ago
  • Curious how much PPP your neighbor got?
    To prove worker protection expenditures you'll need to provide: Copy of invoices, orders, or purchase orders. Receipts, cancelled checks, or account statements verifying those eligible payments.Feb 21, 2021 Https://bench.co › blog › operations Documents Needed for PPP Loan Forgiveness | Bench Accounting. Source: over 2 years ago
  • Accounting for personal/family expenses
    I've heard of this service (bench.co) for small businesses. They may be able to do it for you and your family? Source: over 2 years ago
  • [Restaurant/Cafe owners] Do you do your book-keeping yourselves or is it a good idea to outsource it?
    Gotcha , so I'm in the process of building an online service which provides book-keeping , something like bench.co but specifically for restaurants and cafes. (and ofc at a better price and additional services / KPIs) . So , do let me know if you're interested . I'll make sure to update you once the essentials are up and running. :). Source: almost 3 years ago
View more

Docsumo mentions (2)

  • Docsumo Nepal
    Aayush here from Docsumo.com, we are a Document AI platform that empowers tech & ops teams to scale operations effortlessly by capturing, validating & analyzing unstructured documents. We recently raised $3.5 Million from Marquee investors. Source: over 1 year ago
  • Opportunity for data scientists
    Check out our website https://docsumo.com/ and blog https://docsumo.com/blog for more details. Source: almost 2 years ago

What are some alternatives?

When comparing Bench and Docsumo, you can also consider the following products

Leap the Pond - AcctTwo is focused on delivering the future of finance and accounting to our customers.

DocParser - Extract data from PDF files & automate your workflow with our reliable document parsing software. Convert PDF files to Excel, JSON or update apps with webhooks.

Pilot - Focus on your business, knowing that our expert bookkeepers, aided by software superpowers, are taking care of your books.

Nanonets - Worlds best image recognition, object detection and OCR APIs. NanoNets’ platform makes it straightforward and fast to create highly accurate Deep Learning models.

Xero - Xero is online accounting for your small business.

Nanonets OCR - Intelligent text extraction using OCR and deep learning