Software Alternatives & Reviews

DocParser VS Docsumo

Compare DocParser VS Docsumo and see what are their differences

DocParser logo 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.

Docsumo logo Docsumo

Extract Data from Unstructured Documents - Easily. Efficiently. Accurately.
  • DocParser Landing page
    Landing page //
    2023-10-10
  • 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

DocParser videos

Extract Tables From PDF to Excel, CSV or Google Sheet with Docparser

More videos:

  • Review - PDF Forms and Contracts Data Extraction - Docparser Screencast #4
  • Review - PDF Data Extraction with Docparser PDF Parser

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 DocParser and Docsumo)
Data Extraction
65 65%
35% 35
OCR
65 65%
35% 35
Image Recognition
100 100%
0% 0
Productivity
0 0%
100% 100

User comments

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Social recommendations and mentions

Based on our record, DocParser should be more popular than Docsumo. It has been mentiond 14 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.

DocParser mentions (14)

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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: over 1 year ago

What are some alternatives?

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

FlexiCapture - ABBYY FlexiCapture brings together the best NLP, machine learning, and advanced recognition capabilities into a single, enterprise-scale platform to handle every type of document. Available in the Cloud, on premise or as SDK.

Nanonets OCR - Intelligent text extraction using OCR and deep learning

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.

Pen2txt - Transform handwritten notes into digital text with Pen2txt: the ultimate AI companion for flawless Handwritten Text Recognition (HTR). Combining OCR and AI for accurate, searchable, and editable results. Ideal for anyone digitizing documents.

Parseur.com - Automate text extraction from emails and PDFs by using our powerful email and document parser.

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