Candis.io VS Parashift

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.

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.