Software Alternatives, Accelerators & Startups

Docsumo VS ArangoDB

Compare Docsumo VS ArangoDB and see what are their differences

Note: These products don't have any matching categories. If you think this is a mistake, please edit the details of one of the products and suggest appropriate categories.

Docsumo logo Docsumo

Extract Data from Unstructured Documents - Easily. Efficiently. Accurately.

ArangoDB logo ArangoDB

A distributed open-source database with a flexible data model for documents, graphs, and key-values.
  • Docsumo Docsumo Homescreen
    Docsumo Homescreen //
    2025-03-05
  • Docsumo Docsumo Integrations Hub
    Docsumo Integrations Hub //
    2025-03-05
  • Docsumo Docsumo Dashboard
    Docsumo Dashboard //
    2025-03-05
  • Docsumo Docsumo AI Models Hub
    Docsumo AI Models Hub //
    2025-03-05

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

  • ArangoDB Landing page
    Landing page //
    2023-01-20

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

Docsumo features and specs

  • Automated Data Extraction
    Docsumo automates data extraction from various documents including invoices, receipts, and forms, reducing the need for manual data entry and minimizing human error.
  • Advanced AI and Machine Learning
    Utilizes cutting-edge AI and machine learning algorithms to accurately capture and interpret complex data from documents, ensuring high accuracy.
  • Customizable Workflows
    Offers customizable workflows that can be tailored to specific business needs, allowing for flexibility in data processing and integration with other business systems.
  • Integration Capabilities
    Integrates seamlessly with various popular platforms such as QuickBooks, Zapier, and other API services, enhancing its utility and ease of use within existing business ecosystems.
  • User-Friendly Interface
    Boasts an intuitive and easy-to-use interface, making it accessible for users without extensive technical knowledge.
  • Scalability
    Capable of handling large volumes of documents, making it suitable for both small businesses and large enterprises.

Possible disadvantages of Docsumo

  • Pricing
    Docsumo can be relatively expensive for small businesses or startups, especially if they have a high volume of documents to process.
  • Learning Curve
    Despite having a user-friendly interface, the initial setup and customization of workflows may require some time and effort to fully understand and utilize.
  • Limited Offline Functionality
    Docsumo primarily operates as a cloud-based solution, which means limited to no functionality without an internet connection.
  • Data Privacy Concerns
    As with any cloud-based platform, there are inherent concerns around data privacy and security, which might be a critical consideration for some businesses.
  • Dependency on OCR Accuracy
    The effectiveness of data extraction is heavily reliant on the OCR (optical character recognition) technology, which might occasionally fail with poorly scanned or low-quality documents.

ArangoDB features and specs

  • Graph DB

Analysis of Docsumo

Overall verdict

  • Overall, Docsumo is a worthwhile investment for businesses seeking an automated document processing solution. It offers robust features and reliable performance, which can streamline operations and enhance productivity.

Why this product is good

  • Docsumo is considered a good option due to its advanced capabilities in automating document processing with AI and machine learning. It efficiently handles tasks like data extraction, validation, and classification from invoices, receipts, and various other business documents. It's particularly praised for its ease of integration, accuracy, and support for multiple languages, which can save businesses significant time and reduce manual errors in data entry processes.

Recommended for

  • Businesses looking to automate document workflows
  • Companies handling a large volume of invoices and receipts
  • Organizations interested in reducing manual data entry errors
  • Enterprises needing multi-language document processing capabilities

Analysis of ArangoDB

Overall verdict

  • ArangoDB is indeed a good option for those looking for a flexible, feature-rich, and scalable database solution. It caters to modern applications requiring diverse data representations and complex querying capabilities, particularly when graph functionality is vital. However, the right choice depends on specific project requirements and familiarity with ArangoDB’s features and ecosystem.

Why this product is good

  • ArangoDB is a highly versatile database solution known for its multi-model approach, which supports document, key/value, and graph data models. This flexibility allows for complex data structures and enables developers to use the most suitable model for their specific application needs all within a single database. Additionally, ArangoDB offers robust features such as a powerful query language (AQL), scalability, a flexible architecture, and native support for graph analytics, making it suitable for a wide range of use cases.

Recommended for

  • Developers and organizations needing a multi-model database solution
  • Projects requiring complex data analysis, including graph algorithms
  • Applications that can benefit from a flexible, schema-free data structure
  • Teams looking for scalability and horizontal expansion capabilities
  • Environments with diverse data representation needs where maintaining multiple databases is inefficient

Docsumo videos

How ClearOne Advantage Scaled 2X with Docsumo's Document Automation | Customer Success Story

More videos:

  • Tutorial - Process Bank Statements Inside Salesforce | Docsumo <> Salesforce Connector
  • Tutorial - Process ANY Complex Document Within Seconds in Docsumo

ArangoDB videos

ArangoDB and Foxx Framework, deeper dive. WHILT#17

Category Popularity

0-100% (relative to Docsumo and ArangoDB)
Data Extraction
100 100%
0% 0
Databases
0 0%
100% 100
AI
100 100%
0% 0
NoSQL Databases
0 0%
100% 100

User comments

Share your experience with using Docsumo and ArangoDB. For example, how are they different and which one is better?
Log in or Post with

Reviews

These are some of the external sources and on-site user reviews we've used to compare Docsumo and ArangoDB

Docsumo Reviews

Best Income Verification Software in the UK: Top 10
Docsumo is an AI-powered document processing software that automates income verification by extracting data from payslips, bank statements, and tax records. It is widely used by financial institutions, lenders, and mortgage providers looking to speed up manual verification processes.

ArangoDB Reviews

9 Best MongoDB alternatives in 2019
ArangoDB is a native multi-model DBMS system. It supports three data models with one database core and a unified query language AQL. Its query language is declarative which helps you to compare different data access patterns by using a single query.
Source: www.guru99.com
Top 15 Free Graph Databases
ArangoDB is a distributed free and open-source database with a flexible data model for documents, graphs, and key-values. Build high performance applications using a convenient SQL-like query language or JavaScript extensions. ArangoDB
ArangoDB vs Neo4j - What you can't do with Neo4j
Scalability needs and ArangoDB ArangoDB is cluster ready for graphs, documents and key/values. ArangoDB is suitable for e.g. recommendation engines, personalization, Knowledge Graphs or other graph-related use cases. ArangoDB provides special features for scale-up (Vertex-centric indices) and scale-out (SmartGraphs).

Social recommendations and mentions

Based on our record, ArangoDB should be more popular than Docsumo. It has been mentiond 6 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.

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 2 years ago
  • Opportunity for data scientists
    Check out our website https://docsumo.com/ and blog https://docsumo.com/blog for more details. Source: almost 3 years ago

ArangoDB mentions (6)

View more

What are some alternatives?

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

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

Redis - Redis is an open source in-memory data structure project implementing a distributed, in-memory key-value database with optional durability.

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.

MongoDB - MongoDB (from "humongous") is a scalable, high-performance NoSQL database.

Nanonets OCR - Intelligent text extraction using OCR and deep learning

neo4j - Meet Neo4j: The graph database platform powering today's mission-critical enterprise applications, including artificial intelligence, fraud detection and recommendations.