Software Alternatives, Accelerators & Startups

Lobe VS Invoice Data Extraction

Compare Lobe VS Invoice Data Extraction and see what are their differences

Lobe logo Lobe

Visual tool for building custom deep learning models

Invoice Data Extraction logo Invoice Data Extraction

AI Invoice Data Extraction to Excel - 50 Free Pages/Mo
  • Lobe Landing page
    Landing page //
    2021-09-20
Not present

Automatically extract invoice data to Excel with near 100% accuracy. Cut invoice processing costs by 80%+ and get started for free. No credit card required.

Lobe features and specs

  • User-Friendly Interface
    Lobe offers an intuitive, drag-and-drop interface that makes it accessible for users without a technical background in machine learning.
  • No Coding Required
    Users can build and train machine learning models without needing to write any code, which democratizes the use of AI technology.
  • Integration with Popular Tools
    Lobe can easily integrate with other Microsoft tools and services, enhancing its utility and versatility for users already within the ecosystem.
  • Fast Prototyping
    The platform allows for rapid prototyping, enabling users to quickly test and iterate their machine learning models.
  • Visual Model Training
    Users can see a visual representation of their model's training process, making it easier to understand and refine their models.

Possible disadvantages of Lobe

  • Limited Customization
    Due to its no-code nature, Lobe may not offer the same level of customization and fine-tuning that advanced users might need.
  • Cloud Dependency
    The platform relies heavily on the cloud for its operations, which may raise concerns regarding data privacy and security.
  • Lack of Advanced Features
    More advanced machine learning features and capabilities might be missing, limiting its use for complex projects.
  • Performance Constraints
    The platform may not be optimized for handling very large datasets or extremely complex models, which can affect performance.
  • Vendor Lock-in
    As a Microsoft service, users might find it challenging to move their projects to other platforms without significant rework.

Invoice Data Extraction features and specs

  • Purpose-Built
    Automation tool for invoice extraction
  • Near-100% accuracy
    For most PDF invoice data extraction tasks
  • Results In Seconds
    No complex setup
  • Process Large Batches
    Up to 1,500 files per task
  • Flexible AI
    Handles a wide range of documents & tasks
  • Multi-Language
    Supports all major languages

Category Popularity

0-100% (relative to Lobe and Invoice Data Extraction)
AI
80 80%
20% 20
Productivity
81 81%
19% 19
Finance
0 0%
100% 100
Developer Tools
100 100%
0% 0

Questions and Answers

As answered by people managing Lobe and Invoice Data Extraction.

What makes your product unique?

Invoice Data Extraction's answer:

Highly accurate, flexible and reliable data extraction across a wide range of financial document types for accounting and bookkeeping purposes. There is no complex learning curve for using our software - you describe the extraction task to our AI using natural language. Clean, structured data is extracted to an Excel spreadsheet with processing times as low as 1 second per page.

Why should a person choose your product over its competitors?

Invoice Data Extraction's answer:

Industry Leading Accuracy - Almost 100% for most common pdf invoice types. Flexible Extraction From Mixed Documents - Our AI extracts data by intelligently understanding document content rather than using fixed OCR templates. Easy To Get Started - Instruct our AI using natural language.

User comments

Share your experience with using Lobe and Invoice Data Extraction. For example, how are they different and which one is better?
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Social recommendations and mentions

Based on our record, Lobe seems to be more popular. It has been mentiond 15 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.

Lobe mentions (15)

  • Build end-to-end AI Apps in minutes using just your phone.
    This is interesting. The closest I can compare it to is lobe.ai. Source: almost 3 years ago
  • When is Lobe Image Classifying coming
    Lobe.ai says object detection is coming soon. Source: almost 3 years ago
  • lobe.ai. new version
    I need urgent help please!!! I've just installed the new Version of lobe.ai on my MAC and now, after it has finished, the prediction rate has decreased from more than 90% to 50% :-( :-(. Source: about 3 years ago
  • Camera Works for "Label" But Not for "Use"
    Using lobe.ai 0.10.1130.5 I successfully trained using my Webcam Logitech C920. The camera turned live, and I could take individual and rapid-snap photos. But after proceeding to 'Use', the camera button does show, but nothing happens when I press it, not does hovering raise a floating menu. What am I doing wrong? Source: over 3 years ago
  • Rasp Pi OS Bullseye has dropped support of PiCamera - breaks Lobe on Rasp P
    I'm having similar AttributeError . Wondering if this is due to the recent version changes in lobe.ai? Source: almost 4 years ago
View more

Invoice Data Extraction mentions (0)

We have not tracked any mentions of Invoice Data Extraction yet. Tracking of Invoice Data Extraction recommendations started around Sep 2024.

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

Apple Machine Learning Journal - A blog written by Apple engineers