Software Alternatives & Reviews

Parashift VS Bench

Compare Parashift VS Bench and see what are their differences

Parashift logo Parashift

Parashift is a deep tech company focusing on the autonomization of document processing through artificial intelligence/machine learning.

Bench logo Bench

Bench is the online bookkeeping service.
  • Parashift Landing page
    Landing page //
    2023-08-23

Parashift built a software with artificial intelligence to handle documents. Unlike its competitors, Parashift offers 100% correct extraction of data from paper documents. Further, they shifting paradigm how documents are handled in future. After 2 years of science basic research with PhD in mathematics, Engineers etc. they launched this year their platform.

Today, many companies are still processing most of their daily document inflow manually. This is not only very time consuming and expensive, but not necessary any-more. Parashift provides companies sophisticated solutions based on machine learning technologies for their individual needs. Empowered by these technologies, companies benefit from time and cost reduction by up to 80% related to document management processes. In the process of getting product-market fit, Parashift has built a proprietary artificial intelligence data extraction engine that enables customers to send random, unprepared receipts and invoices to a developed platform which then undergoes a quality enhancement before the engine makes document classifications and full data extractions with implemented confidence checks. Customers then have the optionality to do either a self-validation process on low confidence documents or make us of Parashift’s offer to validate GDPR compliant results, using a combination of technological and human measures.

  • Bench Landing page
    Landing page //
    2023-10-18

Parashift

Pricing URL
-
Platforms
Browser REST API
Release Date
2019 May

Parashift videos

Google Cloud Meetup #5 - How parashift uses GCP and ML to solve doc extraction at scale by T. Rossa

Bench videos

The Best Adjustable Bench I've Ever Used...

More videos:

  • Review - Best Bench for the Money - Rep Fitness FB-5000 Review
  • Review - BEST ADJUSTABLE WEIGHT BENCH - Rep Fitness AB5000 Zero Gap / Rogue AB3 Adjustable Weight Bench

Category Popularity

0-100% (relative to Parashift and Bench)
Data Extraction
100 100%
0% 0
Accounting
0 0%
100% 100
OCR
100 100%
0% 0
Business & Commerce
0 0%
100% 100

User comments

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Social recommendations and mentions

Based on our record, Bench seems to be more popular. It has been mentiond 9 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.

Parashift mentions (0)

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

Bench mentions (9)

  • Which Accounting Program Should I use for LOTS of Online Sales through Amazon? Xero, Wave, or Quickbooks???
    I used bench.co for my accounting when I ran my amazon business. Source: over 1 year ago
  • What business do you run?
    It's rare we decide to go up against someone that's already established and has all the pieces to begin with. For example, we recently put off venturing into the book-keeping space because Bench has already been crushing it and has hundreds of millions in venture funding behind them; we weren't willing to allocate the required resources to make much of a dent. Source: about 2 years ago
  • Curious how much PPP your neighbor got?
    To prove worker protection expenditures you'll need to provide: Copy of invoices, orders, or purchase orders. Receipts, cancelled checks, or account statements verifying those eligible payments.Feb 21, 2021 Https://bench.co › blog › operations Documents Needed for PPP Loan Forgiveness | Bench Accounting. Source: over 2 years ago
  • Accounting for personal/family expenses
    I've heard of this service (bench.co) for small businesses. They may be able to do it for you and your family? Source: over 2 years ago
  • [Restaurant/Cafe owners] Do you do your book-keeping yourselves or is it a good idea to outsource it?
    Gotcha , so I'm in the process of building an online service which provides book-keeping , something like bench.co but specifically for restaurants and cafes. (and ofc at a better price and additional services / KPIs) . So , do let me know if you're interested . I'll make sure to update you once the essentials are up and running. :). Source: almost 3 years ago
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What are some alternatives?

When comparing Parashift and Bench, you can also consider the following products

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.

Leap the Pond - AcctTwo is focused on delivering the future of finance and accounting to our customers.

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

Pilot - Focus on your business, knowing that our expert bookkeepers, aided by software superpowers, are taking care of your books.

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.

Xero - Xero is online accounting for your small business.