Software Alternatives, Accelerators & Startups

Machine Box VS Docsumo

Compare Machine Box VS Docsumo and see what are their differences

Machine Box logo Machine Box

Run, deploy & scale state of the art machine learning tech

Docsumo logo Docsumo

Extract Data from Unstructured Documents - Easily. Efficiently. Accurately.
  • Machine Box Landing page
    Landing page //
    2019-12-21
  • Docsumo Landing page
    Landing page //
    2022-12-30

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

Machine Box

$ Details
-
Platforms
-
Release Date
-

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

Machine Box videos

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Docsumo videos

Document AI Platform Explainer Video (Docsumo)

More videos:

  • Demo - Docsumo Demo
  • Review - Extract tables from PDF/Image for Free | Convert PDF to Excel/CSV/JSON with Docsumo
  • Tutorial - Docsumo Review Tool - How to view & correct extracted data

Category Popularity

0-100% (relative to Machine Box and Docsumo)
AI
46 46%
54% 54
Data Extraction
0 0%
100% 100
Developer Tools
100 100%
0% 0
OCR
0 0%
100% 100

User comments

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Social recommendations and mentions

Based on our record, Machine Box should be more popular than Docsumo. It has been mentiond 5 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.

Machine Box mentions (5)

  • [P] 🗣️ Speechbox - A new library to *unnormalize* your speech.
    Reminds me of Machine Box (http://machinebox.io). Source: over 1 year ago
  • Wrapper for Dog CEO API
    Thank you :) I did that to teach dog’s breed to an AI. If you don’t know machine box yet : Https://machinebox.io It seems really cool and easy to use. Source: almost 2 years ago
  • Time to build my Lab
    I think you should go 5 Pi X 5 Jetson Nano’s I haven’t seen many people offloading the Nano’s GPU functionality for ML similar to this Serverless style of product. https://machinebox.io/. Source: over 2 years ago
  • [P] Facial Recognition with AWS Rekognition or Azure Vision
    For face recognition - CompreFace. Disclaimer - I created it, as an alternative you can use MachineBox, but it's not open source and has limits. Also, I think, you will use some software to control the system, e.g. Frigate or Home Assistant, I think this repository can be useful for you. Source: over 2 years ago
  • Database for Face Recognition
    If you have a really simple application, you can just save the encodings into the files. If not - it's better to use a database. SQL is ok. But for the best results, I would suggest using milvus.io, as it was created for saving vectors and finding the distances (I haven't tried it, though). If your final goal is not to learn face recognition basics, you can just use free ready to use solutions like CompreFace... Source: almost 3 years ago

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 1 year ago
  • Opportunity for data scientists
    Check out our website https://docsumo.com/ and blog https://docsumo.com/blog for more details. Source: over 1 year ago

What are some alternatives?

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

Amazon Machine Learning - Machine learning made easy for developers of any skill level

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.

Model Zoo - Deploy your machine learning model in a single line of code.

Nanonets OCR - Intelligent text extraction using OCR and deep learning

MorphL - Applied AI/ML for eCommerce

Pen2txt - Transform handwritten notes into digital text with Pen2txt: the ultimate AI companion for flawless Handwritten Text Recognition (HTR). Combining OCR and AI for accurate, searchable, and editable results. Ideal for anyone digitizing documents.