Software Alternatives, Accelerators & Startups

Web Data Extractor VS Docsumo

Compare Web Data Extractor VS Docsumo and see what are their differences

Web Data Extractor logo Web Data Extractor

Web Data Extractor is a website scraping application that lets you collect multiple types of data such as e-mails, phone numbers, social media profiles, links, geo-locations, etc., from any website.

Docsumo logo Docsumo

Extract Data from Unstructured Documents - Easily. Efficiently. Accurately.
  • Web Data Extractor Landing page
    Landing page //
    2022-04-21
  • Docsumo Docsumo Homescreen
    Docsumo Homescreen //
    2025-03-05
  • Docsumo Docsumo Integrations Hub
    Docsumo Integrations Hub //
    2025-03-05
  • Docsumo Docsumo Dashboard
    Docsumo Dashboard //
    2025-03-05
  • Docsumo Docsumo AI Models Hub
    Docsumo AI Models Hub //
    2025-03-05

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

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

Web Data Extractor features and specs

  • Efficient Data Extraction
    Web Data Extractor can efficiently extract data from various formats, including HTML, XML, JSON, and more, making it versatile for different needs.
  • User-Friendly Interface
    The software features an intuitive and easy-to-use interface, allowing users to quickly navigate and use the tool without needing extensive technical knowledge.
  • Automation Capabilities
    Offers automation features that allow users to schedule and automate data extraction tasks, saving time and minimizing manual effort.
  • Customizable Extraction
    Provides customization options for data scraping tasks, enabling users to tailor the data extraction process according to their specific requirements.
  • Broad Compatibility
    Supports extraction from a wide range of websites due to its robust compatibility with various web tools and standards.

Possible disadvantages of Web Data Extractor

  • Cost
    The full version of Web Data Extractor might be expensive for individual users or small businesses, as it can involve a substantial investment.
  • Steep Learning Curve
    Despite having a user-friendly interface, some advanced features may require a steep learning curve for users unfamiliar with data extraction tools.
  • Dependency on Internet Connection
    The tool requires a strong and stable internet connection to effectively carry out web scraping tasks, which can be a constraint in areas with poor connectivity.
  • Potential Legal Issues
    Web scraping with this tool can run into legal issues if not conducted in compliance with website terms of service and data protection laws.
  • Risk of IP Blocking
    Frequent or aggressive data extraction could lead to IP blocking from websites, hampering the data collection process.

Docsumo features and specs

  • Automated Data Extraction
    Docsumo automates data extraction from various documents including invoices, receipts, and forms, reducing the need for manual data entry and minimizing human error.
  • Advanced AI and Machine Learning
    Utilizes cutting-edge AI and machine learning algorithms to accurately capture and interpret complex data from documents, ensuring high accuracy.
  • Customizable Workflows
    Offers customizable workflows that can be tailored to specific business needs, allowing for flexibility in data processing and integration with other business systems.
  • Integration Capabilities
    Integrates seamlessly with various popular platforms such as QuickBooks, Zapier, and other API services, enhancing its utility and ease of use within existing business ecosystems.
  • User-Friendly Interface
    Boasts an intuitive and easy-to-use interface, making it accessible for users without extensive technical knowledge.
  • Scalability
    Capable of handling large volumes of documents, making it suitable for both small businesses and large enterprises.

Analysis of Docsumo

Overall verdict

  • Overall, Docsumo is a worthwhile investment for businesses seeking an automated document processing solution. It offers robust features and reliable performance, which can streamline operations and enhance productivity.

Why this product is good

  • Docsumo is considered a good option due to its advanced capabilities in automating document processing with AI and machine learning. It efficiently handles tasks like data extraction, validation, and classification from invoices, receipts, and various other business documents. It's particularly praised for its ease of integration, accuracy, and support for multiple languages, which can save businesses significant time and reduce manual errors in data entry processes.

Recommended for

  • Businesses looking to automate document workflows
  • Companies handling a large volume of invoices and receipts
  • Organizations interested in reducing manual data entry errors
  • Enterprises needing multi-language document processing capabilities

Web Data Extractor videos

LABS 4 Extracting a Company's Data Using Web Data Extractor REVIEW

More videos:

  • Review - Extract Data From Webpage using Web Data Extractor

Docsumo videos

How ClearOne Advantage Scaled 2X with Docsumo's Document Automation | Customer Success Story

More videos:

  • Tutorial - Process Bank Statements Inside Salesforce | Docsumo <> Salesforce Connector
  • Tutorial - Process ANY Complex Document Within Seconds in Docsumo

Category Popularity

0-100% (relative to Web Data Extractor and Docsumo)
Data Extraction
17 17%
83% 83
Web Scraping
100 100%
0% 0
AI
0 0%
100% 100
Office & Productivity
100 100%
0% 0

User comments

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Reviews

These are some of the external sources and on-site user reviews we've used to compare Web Data Extractor and Docsumo

Web Data Extractor Reviews

We have no reviews of Web Data Extractor yet.
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Docsumo Reviews

Best Income Verification Software in the UK: Top 10
Docsumo is an AI-powered document processing software that automates income verification by extracting data from payslips, bank statements, and tax records. It is widely used by financial institutions, lenders, and mortgage providers looking to speed up manual verification processes.

Social recommendations and mentions

Based on our record, Docsumo seems to be more popular. It has been mentiond 2 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.

Web Data Extractor mentions (0)

We have not tracked any mentions of Web Data Extractor yet. Tracking of Web Data Extractor recommendations started around Jan 2022.

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 2 years ago
  • Opportunity for data scientists
    Check out our website https://docsumo.com/ and blog https://docsumo.com/blog for more details. Source: almost 3 years ago

What are some alternatives?

When comparing Web Data Extractor and Docsumo, you can also consider the following products

FluentPro Datamart - FluentPro DataMart is a ready-made solution for extracting data that helps with advanced business intelligence, analytics, executive reporting, trend analysis, and data visualization for the Microsoft Project Online and Office 365 Planner.

Nanonets - Worlds best image recognition, object detection and OCR APIs. NanoNets’ platform makes it straightforward and fast to create highly accurate Deep Learning models.

Grepsr - Grepsr is a powerful and user-friendly web scraping service that empowers enterprises to effortlessly extract valuable data from the web.

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.

TextfromPDF - TextFromPDF is a text extraction tool that allows for the batch processing of Adobe PDF documents. Convert entire document or only a specific page range, PDFs can be on local drives or the Internet, Command line execution or GUI.

Nanonets OCR - Intelligent text extraction using OCR and deep learning