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
Based on our record, Amazon Textract seems to be a lot more popular than Docsumo. While we know about 34 links to Amazon Textract, we've tracked only 2 mentions of Docsumo. 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.
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
Check out our website https://docsumo.com/ and blog https://docsumo.com/blog for more details. Source: over 1 year ago
Amazon Textract has an Analyze Lending API for evaluating and categorizing the documents contained in mortgage loan application packages, as well as extracting the data they contain. The new API can assist in processing applications quicker and with minimal errors, therefore improving the end-customer experience and lowering operational costs. - Source: dev.to / 3 months ago
You could try something like https://aws.amazon.com/textract/ or https://cloud.google.com/vision/docs/handwriting. Both have support for modern handwriting. I don't know if it will work with a script written a century ago though. - Source: Hacker News / 4 months ago
Create a main.js file inside the look-for-github-profile-step project folder. Implement the code that parses the resume and plucks the GitHub profile URL. This step function is responsible for using Textract (an AI service from AWS) and passing state back to the state machine. - Source: dev.to / 7 months ago
The primary challenge in processing invoices is extracting the relevant data. This is where Amazon Textract can help. It is a service provided by Amazon Web Services (AWS) that uses advanced Machine Learning (ML) algorithms to automatically extract structured and unstructured data from scanned documents, images, and PDF files. It can detect typed and handwritten text in different types of documents including... - Source: dev.to / 8 months ago
First, we’ve decided to leave open-source solutions behind. We’ve used AWS Textract to parse PDF files. This way we don’t rely on the internal structure of the PDF to get text from it (or to get nothing - like in the case of the Uber example). Textract uses OCR and machine learning to get not only text but also spatial information from the document. - Source: dev.to / 9 months ago
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