Candis.io VS Docsumo

Upload, approve, and export invoices with just a few clicks. Perfectly suited for small and medium-sized businesses.

Easily import invoices via email or direct upload. Our platform intelligently captures invoice data and learns your accounting process to accurately code and route invoices.

Ask and answer questions and get approvals from teammates or departments within the platform. All decision-makers have access to relevant information, so there are no endless back-and-forth conversations via email.

Export and process data to your preferred payment platform. No more worrying about missed payments or late fees.

About Us: CANDIS was founded in 2015 by Christian Ritosek and Christopher Becker.

We help finance teams work smarter. Our software empowers teams with automated invoice management, data storage, and consulting.

We have grown to a team of nearly 100 people from various different countries, spread across our two locations in Berlin and Bamberg.

More than 10,000 customers have already automated their financial processes with CANDIS, making us a leading European financial automation company.

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