Software Alternatives, Accelerators & Startups

Damco BrokerEdge VS Docsumo

Compare Damco BrokerEdge VS Docsumo and see what are their differences

Damco BrokerEdge logo Damco BrokerEdge

ARM your brokers with the one-stop digital tool for success

Docsumo logo Docsumo

Extract Data from Unstructured Documents - Easily. Efficiently. Accurately.
  • Damco BrokerEdge Landing page
    Landing page //
    2023-02-17

BrokerEdge is a comprehensive insurance broker management software that facilitates automation and offers centralized access to both insurer partners as well as insureds. It streamlines and optimizes a number of administrative tasks to ensure better accuracy, speed, and compliance. Also equipped with a next-gen customer self service portal, it offers customers a single point of access to relevant information. The highly customizable solution is designed to provide actionable insights and efficient workflows. Armed with this broker software, brokers can work faster and smarter.

  • 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

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

Damco BrokerEdge features and specs

  • Automated Commission Tracking: Yes
  • Document management: Yes
  • Email and SMS Marketing: Yes
  • Policy Administration: Yes
  • Single-view Dashboard: Yes

Docsumo features and specs

No features have been listed yet.

Damco BrokerEdge videos

No Damco BrokerEdge videos yet. You could help us improve this page by suggesting one.

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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 Damco BrokerEdge and Docsumo)
Insurance Administration And Management
Data Extraction
0 0%
100% 100
CRM
100 100%
0% 0
OCR
0 0%
100% 100

User comments

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Social recommendations and mentions

Based on our record, Docsumo seems to be more popular. It has been mentiond 2 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.

Damco BrokerEdge mentions (0)

We have not tracked any mentions of Damco BrokerEdge yet. Tracking of Damco BrokerEdge recommendations started around Nov 2021.

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 Damco BrokerEdge and Docsumo, you can also consider the following products

Sibro - Sibro helps you manage insurance business effectively at ease. It is the most simplified insurance broking software and insurance agency software which helps you stay organised, sell better, scale faster!

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.

AgencyBloc - CRM/Agency Management System for L&H Insurance Agencies

Nanonets OCR - Intelligent text extraction using OCR and deep learning

i2go - Enabling Innovations Globally

Amazon Textract - Easily extract text and data from virtually any document using Amazon Textract. Textract goes beyond simple optical character recognition (OCR) to also identify the contents of fields in forms and information stored in tables.