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FairMarkIT VS Rossum

Compare FairMarkIT VS Rossum and see what are their differences

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Contents:
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FairMarkIT logo FairMarkIT

Accelerating the source-to-award process to transform procurement

Rossum logo 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.
  • FairMarkIT Landing page
    Landing page //
    2023-08-22

Through streamlined sourcing, vendor identification, and automated quoting, Fairmarkit accelerates the bid-to-buy process. The solution uses machine learning and artificial intelligence to reduce manual effort by 30-40% on purchases while yielding savings of over 15%. The platform connects directly to your existing internal systems providing a rapid implementation process and enabling more spend to be placed under management. Fairmarkit is headquartered in Boston and is the only solution focused exclusively on tail spend sourcing and payment process.

  • Rossum Landing page
    Landing page //
    2023-08-24

FairMarkIT videos

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Rossum videos

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Intro & Overview w/ Rossum Electro-Music Assimil8or Eurorack Sampler Module

More videos:

  • Review - Rossum Evolution 1/4: Overview (LMS Eurorack Expansion Project)
  • Review - Rossum Electro-Music Trident // Triple VCO with UNIQUE Analog Tones & Modulation

Category Popularity

0-100% (relative to FairMarkIT and Rossum)

FairMarkIT

Rossum

Procurement Management
100 100%
Procurement Management
0% 0
OCR
0 0%
OCR
100% 100
Procurement And Purchasing
100 100%
Procurement And Purchasing
0% 0
Data Extraction
0 0%
Data Extraction
100% 100

User comments

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Social recommendations and mentions

Based on our record, Rossum seems to be more popular. It has been mentiond 4 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.

FairMarkIT mentions (0)

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

Rossum mentions (4)

  • Data management program/software
    Embrace the AI bubble: https://rossum.ai/ (I'm not affiliated). Source: 11 months ago
  • [HIRING] Python OCR help (freelance help)
    Now my main point (no, not IBM cloud services !) An other way is desktop tool/cloud tool that are OCR dedicated to "formatted documents" like ROSSUM or KLIPPA and... (https://rossum.ai/, https://www.klippa.com/en/ocr/identity-documents/driving-licenses). The idea, if I remember well the business model, is like a lot of small companies need all to make OCR on the same type of documents you can pre-learn an IA then... Source: over 1 year ago
  • [D] OCR models for invoice reading
    You should check out https://rossum.ai/ I think their product fits your usecase. Source: almost 2 years ago
  • how to create universal regex which can extract lot of data from multiple invoices in python.
    I have seen some site like https://rossum.ai/ and while I think it is very difficult is there a way to improve it like them ? Source: almost 3 years ago

What are some alternatives?

When comparing FairMarkIT and Rossum, you can also consider the following products

Procurify - Reinvent the way organizations spend to make the purchasing process more accessible, manageable and convenient.

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.

Ariba - Ariba is a software and information technology services platform providing companies with collaborative business commerce solutions.

FlexiCapture - ABBYY FlexiCapture brings together the best NLP, machine learning, and advanced recognition capabilities into a single, enterprise-scale platform to handle every type of document. Available in the Cloud, on premise or as SDK.

Precoro - Precoro is a robust procure-to-pay system for your business. Automated purchasing, simple sourcing and spend analytics — all in one easy-to-use platform!

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

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