Software Alternatives, Accelerators & Startups

Docsumo VS Document Generator by Qwilr

Compare Docsumo VS Document Generator by Qwilr and see what are their differences

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Docsumo logo Docsumo

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

Document Generator by Qwilr logo Document Generator by Qwilr

Beautiful business documents, all in one click ✨
  • 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

  • Document Generator by Qwilr Landing page
    Landing page //
    2023-10-05

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

Document Generator by Qwilr

Website
qwilr.com
Pricing URL
-
$ Details
-
Platforms
-
Release Date
-

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.

Document Generator by Qwilr features and specs

  • Customization
    Qwilr’s document generator allows for high levels of customization, enabling users to tailor documents specifically to their needs and branding guidelines.
  • Automation
    The tool offers robust automation features that can save time by automatically generating documents based on predefined templates and data inputs.
  • Ease of Use
    The user interface is intuitive and user-friendly, making it accessible even to those without advanced technical skills.
  • Integration Capabilities
    Qwilr integrates seamlessly with other tools such as CRM systems, which can streamline workflow and ensure consistency across different platforms.
  • Real-Time Collaboration
    It supports real-time collaboration, allowing multiple users to work on the same document simultaneously, which enhances teamwork and productivity.
  • Analytics
    The platform provides analytics and insights on document engagement, enabling users to track how recipients interact with their documents.

Possible disadvantages of Document Generator by Qwilr

  • Cost
    Qwilr can be relatively expensive compared to other document generation tools, which might be a drawback for small businesses or startups with limited budgets.
  • Learning Curve
    Despite its user-friendly interface, some users might still face a learning curve when initially integrating the tool into their workflow.
  • Limited Offline Access
    Since Qwilr is a web-based tool, it has limited functionality when offline, which could be a disadvantage for users needing constant access.
  • Template Limitations
    While it offers a variety of templates, some users might find the customization options within those templates to be somewhat restrictive.
  • Performance Issues
    Some users have reported occasional performance issues, such as slow load times or glitches, which can disrupt workflow efficiency.

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 Document Generator by Qwilr

Overall verdict

  • Overall, Document Generator by Qwilr is a valuable tool for businesses looking to enhance their document creation process. Its ease of use and variety of features make it a strong contender in the document generation space, especially for those focused on creating engaging and professional-looking documents.

Why this product is good

  • Document Generator by Qwilr is considered good because it offers a user-friendly platform that allows businesses to create visually appealing and interactive proposals, sales documents, and reports. It integrates seamlessly with popular tools such as CRM systems, making it easy to streamline your workflow. Additionally, it offers features like real-time analytics, which help users track document performance, and custom branding, which ensures that your documents are consistent with your company's visual identity.

Recommended for

    This tool is recommended for sales and marketing teams, freelancers, creative agencies, and any businesses that require frequent document and proposal generation. It is especially beneficial for those who prioritize design, interactivity, and integration with existing tools to improve efficiency and engagement.

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

Document Generator by Qwilr videos

No Document Generator by Qwilr videos yet. You could help us improve this page by suggesting one.

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Category Popularity

0-100% (relative to Docsumo and Document Generator by Qwilr)
Data Extraction
100 100%
0% 0
Productivity
0 0%
100% 100
AI
100 100%
0% 0
HR
0 0%
100% 100

User comments

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Reviews

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

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.

Document Generator by Qwilr Reviews

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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.

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

Document Generator by Qwilr mentions (0)

We have not tracked any mentions of Document Generator by Qwilr yet. Tracking of Document Generator by Qwilr recommendations started around Mar 2021.

What are some alternatives?

When comparing Docsumo and Document Generator by Qwilr, 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.

Standard Resume Pro - Effortlessly create a modern resume

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.

ineedaresume - free tool to create a beautiful resume in seconds

Nanonets OCR - Intelligent text extraction using OCR and deep learning

CAKE - CAKE provides a SaaS-based solution for advertisers, publishers and networks to track, attribute and optimize their spend in real-time.