Software Alternatives, Accelerators & Startups

Docsumo VS CobbleStone Software

Compare Docsumo VS CobbleStone Software and see what are their differences

Docsumo logo Docsumo

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

CobbleStone Software logo CobbleStone Software

Managing contracts just got easier with CobbleStone!
Visit Website
  • 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.

Docsumoโ€™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:-

โœ…Data Capture from forms, semi-structured and unstructured financial documents โœ…Pre-Trained API stack for loan application, insurance compliance, invoices, supply chain management, and Commercial Real Estate applications โœ…Review & edit tool that allows you to click on any text in a document to capture data without manual entry โœ…Out of the box API endpoint (accessible via Settings page) & option to download CSV โœ…Multiple learning mechanism to ensure maximum accuracy โœ…Simple pay as you go pricing โœ…Ability to customize fields from the frontend โœ…Define templates for recurring documents โœ…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

  • CobbleStone Software Landing page
    Landing page //
    2021-08-16

CobbleStone Software provides award-winning contract management software (CLM) for thousands of users around the world. CobbleStone Contract Insight is a user-friendly contract lifecycle management software solution that automates and streamlines the entire contract process with artificial intelligence and natural language processing.

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

CobbleStone Software

$ Details
freemium $59.0 / Monthly (Unlimited contract storage)
Platforms
Windows Browser Android iOS Google Chrome Firefox Safari REST API Cloud iPhone Internet Explorer Chrome OS Windows Phone AWS .Net Edge Salesforce Azure ASP.NET API Web Mobile
Release Date
2010 August

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.

CobbleStone Software features and specs

  • Contract Lifecycle Management
  • Contract management
  • Contract Analytics
  • Workflow Management
  • Workflow Automation
  • Artificial Intelligence
  • Document management
  • Document Signing
  • Document Storage
  • Document generation
  • Search Functionality
  • Search and Filtering
  • Reports & analytics
  • Spend Tracking
  • Alerts
  • Dashboards and Visualizations
  • User Permission Management
  • Electronic Signature
  • Integrations
  • OCR PDF
  • Optical Character Recognition
  • Templates
  • Collaboration Tools
  • Archiving
  • Full Text Search on Form Submissions
  • Compliance Management
  • Retention Period
  • Version Control
  • Calendar
  • Salesforce Integration
  • Office 365 Integration
  • Bids and Budgets
  • RFP / RFQ portal
  • Vendor management
  • Supplier Management
  • Email notifications
  • Email Templates
  • Emailing
  • Outlook Email Integration
  • Word to PDF
  • Microsoft Outlook Integration
  • Google Docs
  • OneDrive integration
  • Online Access
  • Mobile App
  • Mobile apps (iOS & Android)
  • Mobile Friendly
  • Mobile responsive application
  • Robotic Automation
  • Playbooks
  • Advanced reports and statistics
  • Advanced Search
  • Advanced Analytics
  • Supplier Purchase Orders & Bills
  • Messaging
  • Risk Management
  • Risk Reporting
  • Compliance tools
  • Milestone, Tasks
  • Milestone tracking
  • Portal
  • Secure Data Storage
  • Secure Collaboration

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

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

CobbleStone Software videos

CobbleStone Contract Management Software CLM

More videos:

  • Tutorial - Contract Management Artificial Intelligence with VISDOM AI
  • Review - CobbleStone Software Electronic Signatures

Category Popularity

0-100% (relative to Docsumo and CobbleStone Software)
Data Extraction
100 100%
0% 0
Contract Management
0 0%
100% 100
AI
100 100%
0% 0
Contract Lifecycle Management

Questions & Answers

As answered by people managing Docsumo and CobbleStone Software.

What makes your product unique?

CobbleStone Software's answer:

CobbleStone provides a CLM solution that is highly configurable and user-friendly. On top of that, CobbleStone has over 20 years of experience successfully implementing contract management software.

How would you describe the primary audience of your product?

CobbleStone Software's answer:

CobbleStone's primary users are legal teams, procurement teams, compliance teams, sales teams, and finance teams. Users from throughout the organization can request contracts and view status.

Which are the primary technologies used for building your product?

CobbleStone Software's answer:

CobbleStone Contract Insight is a web-based CLM application that can be accessed via desktop and native mobile app available on the Apple iOS and Android app stores. CobbleStone Contract Insight can be provided as a SaaS/cloud application or it can be installed on clients' server(s).

Why should a person choose your product over its competitors?

CobbleStone Software's answer:

CobbleStone Contract Insight is the preferred contract lifecycle management software solution for clients that want an easy-to-use system that has been selected by thousands of users worldwide.

What's the story behind your product?

CobbleStone Software's answer:

CobbleStone's mission is to provide the most advanced, cost-effective, and user-friendly contract and procurement management software applications that enable employees to do their best work.

Our software products and staff go above and beyond the expectations of each other and our clients. -We take a pledge to follow our Code of Conduct. -We take a pledge to respect our clients, our co-workers, our environment, and ourselves. -We strive to be successful by exemplifying sincerity, personal integrity, humility, courtesy, wisdom, and charity. -Our products and software solutions should continue to evolve to meet modern-day business needs.

CobbleStone Software has a proven track record providing contract management software with industry-leading flexibility and features designed to meet the unique needs of your organization. Our solutions are the result of millions of dollars of research and development, thousands of hours, client feedback, and industry "know-how". CobbleStone Contract Insight'sยฎ features set in the contract management software marketplace are unprecedented. It is about thinking long term, being responsive, and understanding the power of organization governance. We believe this is the right way to do business, and our satisfied customers would surely agree.

The need for our contract software solution began with a situation whereby a leading company violated an agreement and had to settle the dispute for over two million dollars. In that instance, our mission was created to help organizations avoid violations of agreements while providing a better solution to manage contracts & obligations.

Founded in 1995, CobbleStone was among the first and most experienced companies to offer a contract management software product, and we continue to be a leader with full contract lifecycle management and e-Procurement software.

Contact a CobbleStone Representative today to learn more!

For press inquiries and media relations, visit CobbleStone Software's press page at https://www.cobblestonesoftware.com/company/press.

User comments

Share your experience with using Docsumo and CobbleStone Software. 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 CobbleStone Software

Docsumo Reviews

Best Bank Statement Converters (2026): A Professional Comparison for Accountants & Bookkeepers
Docsumo note: We included Docsumo in the comparison using public evidence, but excluded it from hands-on testing because it requires an enterprise email for signup and itโ€™s positioned as an enterprise Document AI platform rather than a lightweight statement converter.
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.

CobbleStone Software Reviews

  1. Chris Wagner
    ยท N/A at N/A ยท
    Makes our teams day to day Basis so much easier

    Before our team started to work with CobbleStone, we were heading on the wrong path. Especially due to COVID we were unorganized, not communicating well enough and it was an overall headache. CobbleStone customized the system exactly to what we needed for a day to day basis. CobbleStone is a highly underrated company which offers a highly scalable system and can accommodate to many needs. They are fully open to even developing new features to help your business even further.


Top 17 Best Contract Management Software for Small Business
Contract Management Software by CobbleStone provides advanced & user-friendly contract management & eSourcing solutions. Manage requests, approvals, authoring, compliance, reporting & more.
Source: cllax.com
12 Best Contract Management Software 2022
CobbleStone Contract Insightยฎ Contract Management Software is an Enterprise CLM system selected by thousands of contract admin, legal, and procurement professionals. Contract Insight is backed by artificial intelligence and can automate and streamline the entire contract lifecycle with user-friendly features and administration. Take the stress out of contracts with easier...
11 Best Contract Lifecycle Management (CLM) Software (2022)
CobbleStone is a feature-rich CLM solution that includes an unlimited amount of contract storage space, e-signature compliance, and financial tracking. It also incorporates the VISDOMยฎ AI system to analyze contracts originating from internal or external data and transform that data into building blocks for improved contract oversight, proactive opportunity identification,...
Source: whatfix.com

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.

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 3 years ago
  • Opportunity for data scientists
    Check out our website https://docsumo.com/ and blog https://docsumo.com/blog for more details. Source: almost 4 years ago

CobbleStone Software mentions (0)

We have not tracked any mentions of CobbleStone Software yet. Tracking of CobbleStone Software recommendations started around Mar 2021.

What are some alternatives?

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

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.

Juro - Juro is a contract automation platform that enables your team to create, execute and monitor routine contracts at scale without ever leaving the browser.

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

ContractWorks - ContractWorks provides secure and easy-to-use contract management software that helps you gain control of your contracts.

Rossum - Rossum is AI-powered, cloud-based invoice data capture service that speeds up invoice processing 6x, with up to 98% accuracy. It can be easily customized, integrated and scaled according to your company needs.

Conga Contracts - Conga Contracts is management solution designed to accelerate and simplify contract negotiations in Salesforce.