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
Our aim is to make it as easy as possible for businesses to create epic documents that they can use internally, with their clients and share online. Our templates are not only professional & interactive, but are created as an individual web page that allows for easy shareability & data measuring.
Qwilr might be a bit more popular than Docsumo. We know about 2 links to it since March 2021 and only 2 links to 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: almost 2 years ago
Can you tell me more about it? Is it any different from https://qwilr.com or pandadoc.com or is a direct competitor to those. Source: over 2 years ago
When we initially researched, we did them independently. For RFP software, we wanted something to help with tracking, analyzing, generating proposals, AI answer suggestion/knowledge base, assigning related tasks etc. Avnio & RFPIO made our shortlist. For Quote software, we wanted something shiny, to make closing faster and easier to understand. Qwilr and PandaDocs were rated pretty high. Source: about 3 years ago
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