Software Alternatives & Reviews

QuickBooks VS Docsumo

Compare QuickBooks VS Docsumo and see what are their differences

QuickBooks logo QuickBooks

Business runs better with QuickBooks, the #1 accounting solution for small business.

Docsumo logo Docsumo

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

QuickBooks

$ Details
paid Free Trial $20.0 / Monthly (Simple start)
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

QuickBooks videos

Which QuickBooks Online Should You Buy in 2020?

More videos:

  • Review - Quickbooks Self-Employed Review
  • Tutorial - How to use QuickBooks Online: a super fast 6-minute review & tutorial

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 QuickBooks and Docsumo)
Accounting
100 100%
0% 0
Data Extraction
0 0%
100% 100
Bookkeeping
100 100%
0% 0
OCR
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 QuickBooks and Docsumo

QuickBooks Reviews

5 Best Alternatives to QuickBooks Accounting Software
QuickBooks is prominent among accounting software providers, with an intuitive interface, robust features and extensive third-party integrations. When you consider programs for your small business, your first thought may well be the QuickBooks accounting software.
The 8 Best QuickBooks Alternatives for Small Businesses
Both QuickBooks and FreshBooks offer live support options; however, QuickBooks pushes customers to use self-help resources first. Along with an easily navigated interface, FreshBooks offers a variety of other benefits including free toll-free customer support, with email support available as well.
Source: www.fool.com
7 Best QuickBooks Alternatives for Small Businesses
You’re likely well aware that QuickBooks is the reigning incumbent for best accounting software. Although there’s plenty working in QuickBooks’ favor — industry dominance, ease of use and scalability, for instance — small-business owners might consider alternatives, depending on their budget and what features they need. Before you settle on an option, just make sure your...
Source: www.fundera.com
10 of the Best FreshBooks Alternatives That Will Make Bookkeeping Easier
QuickBooks enables you to always be payday-ready and tax-ready. It automatically makes deductions on paychecks and payrolls.
Source: shanebarker.com
7 Best QuickBooks Alternatives 2018 [Free & Paid]
Xero has comparable features to QuickBooks Online but is priced less and includes an unlimited number of users with any subscription. If your primary concern with QuickBooks is ease of use or customer service, I’m not sure you’ll be happier with Xero. I don’t find Xero any easier to use and, like QuickBooks, you can’t pick up the phone and call customer service. However, if...

Docsumo Reviews

We have no reviews of Docsumo yet.
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Social recommendations and mentions

Based on our record, QuickBooks seems to be a lot more popular than Docsumo. While we know about 24 links to QuickBooks, 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.

QuickBooks mentions (24)

  • What is QuickBooks Online For Accountants?
    For accounting firms looking to expand their operations, manage all of their clients and projects, and work with and access their clients’ QuickBooks Online data, there is a tool called QuickBooks Online for Accountants. The software, QuickBooks Online for Accountants is a web-based application that is designed to help accounting professionals save time and grow their practice. ​​. Source: 11 months ago
  • Hey Reddit! QuickBooks has smarter features made for your business. Welcome to your one-stop hub to learn more about our available plans and tools that can help your business thrive.
    Not sure what you need? Let's find out. Click here for our personalized questionnaire, so we can recommend solutions that fit you best. Source: 12 months ago
  • How to Set Up Multiple Companies in Quickbooks
    Select a Country: The first step is to select a nation for your new business. Go to https://quickbooks.intuit.com in your browser. Choose the nation where you are located by going to */choose-country/*. The webpage for Quickbooks Online in your area will then be displayed to you. Source: about 1 year ago
  • How to login in QuickBooks Time Tracking
    Go to the QuickBooks website (https://quickbooks.intuit.com/). Source: about 1 year ago
  • looking for help starting my small renovations company (LLC)
    In Vermont, you can file for an LLC online. Small business credit cards are roughly equivalent to consumer credit cards, you will need to provide a personal guarantee, and cash back is your best bet: 2% flat-rate is most likely your best option. I can't recommend books. You can do most of accounting with QuickBooks. Insurance is highly personalized to your business. Source: about 1 year 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 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 QuickBooks and Docsumo, you can also consider the following products

FreshBooks - The ideal accounting software for small business owners.

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.

Nanonets OCR - Intelligent text extraction using OCR and deep learning

Zoho Books - Smart Accounting for Growing Business

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.