Software Alternatives, Accelerators & Startups

ifttt VS Docsumo

Compare ifttt VS Docsumo and see what are their differences

ifttt logo ifttt

IFTTT puts the internet to work for you. Create simple connections between the products you use every day.

Docsumo logo Docsumo

Extract Data from Unstructured Documents - Easily. Efficiently. Accurately.
  • ifttt Landing page
    Landing page //
    2023-10-18
  • 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

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

ifttt features and specs

  • Ease of Use
    IFTTT boasts a user-friendly interface that allows users to create and manage applets without any coding knowledge, making automation accessible to a wider audience.
  • Wide Range of Services
    It supports a vast array of services and devices, enabling users to integrate different platforms and create unique automation workflows.
  • Customization
    Users can customize applets to fit their specific needs, offering flexibility in how tasks are automated.
  • Pre-built Applets
    It provides a large library of pre-built applets, which can be easily activated and used by those looking for quick solutions.
  • Cross-Platform Compatibility
    IFTTT is compatible with multiple operating systems and devices, allowing for seamless automation across different environments.

Possible disadvantages of ifttt

  • Limited Free Plan
    The free plan has a restricted number of applets and features, which can be limiting for power users.
  • Occasional Reliability Issues
    Some users have reported occasional delays or failures in applet execution, which can be frustrating.
  • Privacy Concerns
    As it connects with multiple services, there are potential privacy issues related to data sharing and security.
  • Performance
    Some complex automations may experience performance issues or may not run as efficiently as expected.
  • Cost
    The subscription model may be seen as expensive for users who require more advanced features or higher limits on applets.

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.

Analysis of ifttt

Overall verdict

  • IFTTT is a good option for individuals seeking to automate and integrate their digital life. It is particularly valuable for those who want a simple, user-friendly interface and wide compatibility with various services. However, some users might find limitations in terms of more complex automation compared to advanced platforms.

Why this product is good

  • IFTTT (If This Then That) is a popular automation tool that allows users to create custom workflows by connecting different apps and devices. It is useful for automating repetitive tasks, integrating services that otherwise wouldn't connect, and simplifying routine actions. Users appreciate its ease of use, versatility, and the wide range of supported services.

Recommended for

  • Tech enthusiasts looking to simplify everyday tasks
  • Smart home users who want to integrate various devices
  • Professionals managing multiple apps and services
  • Individuals looking to boost productivity through automation

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

ifttt videos

The Customizable Way to Automate Your Home | IFTTT Review

More videos:

  • Review - IFTTT Explained and Shown (if this then that)
  • Review - 10 Life Changing IFTTT Recipes for Extreme Productivity

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

Category Popularity

0-100% (relative to ifttt and Docsumo)
Web Service Automation
100 100%
0% 0
Data Extraction
0 0%
100% 100
Automation
100 100%
0% 0
AI
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 ifttt and Docsumo

ifttt Reviews

Microsoft Power Automate
Integration is the strongest suit of IFTTT, it is a popular web-based application that can be simultaneously used on Android, iPhone, iPad, and Android Tablet. This is one of the best available alternatives to Microsoft Power Automate. Some of IFTTT’s unique features are as follows:
Top 5 Best Integration Software for 2023
IFTTT is praised for being easy to set up and linking services and devices otherwise hardly compatible, making iOS and Android device integrations easy and straightforward. It is user-friendly and requires no coding knowledge, which makes it ideal for beginners. Among the cons are random trigger failures and insufficient descriptions of some applets.
Source: everhelper.me
10 n8n.io Alternatives
IFTTT is a super sleek platform that enables you to easily and quickly automate your most likely devices and applications to generate more work efficiency. Staying on track while customizing, managing, and controlling your integration with queries, multiple actions, filter codes, and the capability to connect multiple accounts per service. This leading no-code platform is...
15 Great Zapier Alternatives to Automate your Workflows
IFTTT (standing for “if this, then that”) is a user-friendly automation tool that connects apps using simple conditional statements. These workflows, which IFTTT calls “Applets”, range from running your smart home and social media applications, to setting up appointments automatically in Google Calendar.
Source: paperform.co
Best iPaaS Softwares
If This Then That is a service that allows a user to program a response to events in the world of various kinds. There is a long list of kinds of events to which IFTTT can respond, all detectable via the Internet.
Source: iotbyhvm.ooo

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.

Social recommendations and mentions

Based on our record, ifttt seems to be a lot more popular than Docsumo. While we know about 179 links to ifttt, we've tracked only 2 mentions of 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.

ifttt mentions (179)

  • Todoist + Google Calendar + IFTTT: How I created a GTD "tickler" for recurring events
    What I've done instead is, for any recurring event that isn't really due on that date, like "book a haircut" or "fertilize roses", I add an event on a Google Calendar called "Tickler" with the desired recurrence. I then have an IFTTT (https://ifttt.com/explore) integration that creates a Todoist event in my inbox whenever that event shows up on my calendar. It doesn't show up with a due date so I can schedule it... Source: almost 2 years ago
  • what are your recommendations
    Or head to the Explore page and see if anything grabs your attention. Source: about 2 years ago
  • Messages after death
    Slack has a feature to schedule messages, also a bunch of bots that do various scheduling tasks… Also you could use a email marketing tool like Mailchimp that could allow you scheduling Mails far a head. But any service you choose should be around somewhat longterm right? It will probably require some money and a bit of luck for the service or app of choice to stay around for a while. So ideally something relying... Source: over 2 years ago
  • They air tagged nana because she kept running the streets.
    I don’t know about the air tag nativity, which it probably does. But you can do that with any smartphone they has gps; with an app / website called ifttt. Source: over 2 years ago
  • Trying to create Alexa routine to automate thermostat changes when both my and my wife's phones are gone
    There's also some automation that you can do with something like https://ifttt.com/explore. Source: over 2 years ago
View more

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

What are some alternatives?

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

Zapier - Connect the apps you use everyday to automate your work and be more productive. 1000+ apps and easy integrations - get started in minutes.

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

Make.com - Tool for workflow automation (Former Integromat)

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.

Microsoft Power Automate - Microsoft Power Automate is an automation platform that integrates DPA, RPA, and process mining. It lets you automate your organization at scale using low-code and AI.

Nanonets OCR - Intelligent text extraction using OCR and deep learning