Software Alternatives & Reviews

Parashift VS Zoho Expense

Compare Parashift VS Zoho Expense 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.

Zoho Expense logo Zoho Expense

Automate your expense reporting process and streamline the approval flow.
  • 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.

  • Zoho Expense Landing page
    Landing page //
    2023-08-29

Parashift

Categories
  • AI
  • Document Automation
  • OCR API
  • OCR
  • Data Extraction
Website parashift.io
Platforms
Browser REST API
Release Date2019-05-24

Zoho Expense

Categories
  • Expense Tracking
  • Expense Management And Reporting
  • Expense Reporting
  • Travel Expense Management
Website zoho.com
Platforms
-
Release Date-

Parashift videos

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

Zoho Expense videos

Overview | Zoho Expense

More videos:

  • Review - Zoho Expense: Overview
  • Review - New Zoho Expense Webinar Video

Category Popularity

0-100% (relative to Parashift and Zoho Expense)
OCR
100 100%
0% 0
Expense Tracking
0 0%
100% 100
Data Extraction
100 100%
0% 0
Expense Management And Reporting

User comments

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Reviews

These are some of the external sources and on-site user reviews we've used to compare Parashift and Zoho Expense

Parashift Reviews

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Zoho Expense Reviews

Small Business Expense Tracking Apps: Streamlining Financial Management
In conclusion, the realm of expense tracking apps offers diverse solutions for small businesses. Whether opting for established platforms like QuickBooks Online, Expensify, Zoho Expense, or considering newer entrants like Centy, these tools empower businesses to take control of their finances and pave the way for sustainable growth.
Source: medium.com

What are some alternatives?

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

Basware - Basware is an all-in-one Billing, and Invoicing Solution that offers scale and reaches for organizations of all sizes allows them to grow their business and unlock values across their operations by simplifying and streamlining financial processes.

Expensify - Import expenses directly from a credit card to create free expense reports quickly. Approve reports online and reimburse directly to a checking account with one click.

Hermes by Calpion - Easy AI-Powered Accounts Payable Automation for Busy Accounting Teams

Abacus - Expenses without the 'expense report'

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

Rydoo - Rydoo is a Travel and Expense management system.