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Rossum VS FactWise.io

Compare Rossum VS FactWise.io and see what are their differences

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Rossum logo 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.

FactWise.io logo FactWise.io

FactWise S2P optimizes procurement for product manufacturing companies globally. The platform provides transparency and insights to leaders, automates processes to improve efficiency, and drives bottom-line impact by unlocking savings potential.
  • Rossum Landing page
    Landing page //
    2023-08-24
  • FactWise.io Landing page
    Landing page //
    2023-08-17

Our singular focus is to create a truly distinctive procurement platform that delights users and provides sustainable positive impact to the organizations we serve. We achieve this by providing transparency and insights to leaders, streamlining and automating processes to improve efficiency, and driving bottom-line impact by unlocking savings potential.
FactWise S2P is modular, and accounts for batch production, goods receival workflows and quality checks. Our current users find it very intuitive and efficient (create Rfxs <1min) and love the dynamic and historic insights into supplier performance it offers. Teams can start using FactWise with their data immediately, and if required, we can seamlessly integrate with ERP or other systems within the month. We are committed to generating win-win outcomes for buyers and suppliers globally.

FactWise serves global product manufacturing companies and private equities.

Rossum features and specs

No features have been listed yet.

FactWise.io features and specs

  • Smart Supplier Recommendations: Obtain holistic supplier performance metrics and discover diverse, verified suppliers to negotiate win-win outcomes.
  • Customized Analytics : Receive dynamic and historic insights in a visually rich interface with graphs, heat maps and more, and customize your reports with just a few clicks.
  • Effortless RfX Creation : Create RfX in less than a minute with minimized dependence on Excel and receive smart warnings for concerns such as item duplication, price discrepancies.
  • AI Powered Negotiations : Optimize your TCO, negotiate with just 3 clicks, and quickly identify the most suitable vendor using smart filters and historic vendor performance data.
  • End-to-End Goods : Perform goods receival in less than a minute, perform unlimited quality checks, and update stakeholders with ease.
  • Seamless Payments : Automate three way matching to reduce errors, maximize DPO with smart notifications indicating due payments, and ensure you never overpay on purchase orders.

Rossum videos

+ Add

Intro &amp; Overview w/ Rossum Electro-Music Assimil8or Eurorack Sampler Module

More videos:

  • Review - Rossum Evolution 1/4: Overview (LMS Eurorack Expansion Project)
  • Review - Rossum Electro-Music Trident // Triple VCO with UNIQUE Analog Tones &amp; Modulation

FactWise.io videos

No FactWise.io videos yet. You could help us improve this page by suggesting one.

+ Add video

Category Popularity

0-100% (relative to Rossum and FactWise.io)

Rossum

FactWise.io

OCR
89 89%
OCR
11% 11
Procurement And Purchasing
0 0%
Procurement And Purchasing
100% 100
Data Extraction
100 100%
Data Extraction
0% 0
Procurement
0 0%
Procurement
100% 100

User comments

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Social recommendations and mentions

Based on our record, Rossum seems to be more popular. It has been mentiond 4 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.

Rossum mentions (4)

  • Data management program/software
    Embrace the AI bubble: https://rossum.ai/ (I'm not affiliated). Source: 11 months ago
  • [HIRING] Python OCR help (freelance help)
    Now my main point (no, not IBM cloud services !) An other way is desktop tool/cloud tool that are OCR dedicated to "formatted documents" like ROSSUM or KLIPPA and... (https://rossum.ai/, https://www.klippa.com/en/ocr/identity-documents/driving-licenses). The idea, if I remember well the business model, is like a lot of small companies need all to make OCR on the same type of documents you can pre-learn an IA then... Source: over 1 year ago
  • [D] OCR models for invoice reading
    You should check out https://rossum.ai/ I think their product fits your usecase. Source: over 1 year ago
  • how to create universal regex which can extract lot of data from multiple invoices in python.
    I have seen some site like https://rossum.ai/ and while I think it is very difficult is there a way to improve it like them ? Source: over 2 years ago

FactWise.io mentions (0)

We have not tracked any mentions of FactWise.io yet. Tracking of FactWise.io recommendations started around Aug 2022.

What are some alternatives?

When comparing Rossum and FactWise.io, you can also consider the following products

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.

Zumen - Zumen's Source-to-Pay solution redefines procurement processes with a data-driven and strategic approach.

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

Zycus Procure-to-Pay Solution - Zycus' Next Generation Procure-to-Pay Solution acts as a GPS for your P2P process. The P2P solution provides: Easy-to-use: Amazon-like shopping interface & Google-type search engine + Guided buying.

FlexiCapture - ABBYY FlexiCapture brings together the best NLP, machine learning, and advanced recognition capabilities into a single, enterprise-scale platform to handle every type of document. Available in the Cloud, on premise or as SDK.

DOKKA.com - The Future has Arrived: Accounting Process Automation

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