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Submitted URL: https://outplay1.docsumo.com/clk/596A466C623251744E7A5A6B4F5734744F57357565413D3D
Effective URL: https://docsumo.com/?ophqt=8514d3247c6ebe26b0eab67653f16dc9ed6ab7025cafd956
Submission: On November 01 via manual from US — Scanned from DE
Effective URL: https://docsumo.com/?ophqt=8514d3247c6ebe26b0eab67653f16dc9ed6ab7025cafd956
Submission: On November 01 via manual from US — Scanned from DE
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<div id="email-errorroi" class="errormsg"><strong class="bold-text-15">Please use your company email !</strong></div>
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× This website uses cookies to ensure you get the best experience. By continuing to browse the site, you agree to our use of cookies as described in our Privacy Policy If you decline, your information won’t be tracked when you visit this website. A single cookie will be used in your browser to remember your preference not to be tracked. Accept Decline Cookie Policy This site uses cookies to help improve, promote, and protect it. By continuing to use the site, you agree to the Privacy Policy DeclineAllow cookies Docsumo raises $3.5 million seed funding from Common Ocean, Fifth Wall, Arbor and Better Capital. Read More Product Solutions Insurance Process applications and claims in real-time Logistics Optimize your shipping cycle with automation Accounts Payable Smooth invoice processing experience Lending Process loan faster with improved accuracy Financial Services Compliance made easy See all Use Cases Invoice Automate accounts payable with invoice data capture Bank Statement Get transaction data from PDF and scanned bank statements Rent Roll 50% less operational cost with automated rent roll processing IRS Form 1040 Verify tax return details in real-time with intelligent OCR API ACORD Forms Convert certificate of insurance to actionable data See all Tools PDF to Excel Skip copy-pasting with Docsumo’s free pdf to excel converter Free OCR Accurate, Reliable, & Smooth text extraction from pdf & images Extract Table Automated table extraction from pdf & images OCR Crome Extension Data extraction from web-pages with one screenshot See all Extract Free OCR Table Extraction OCR Chrome Extension Extract Images Coming Soon Split Coming Soon Split PDF by Page Split PDF After Every X page Extract Pages Merge Coming Soon Merge PDF Rearrange PDF Coming Soon Merge Image to pdf Coming Soon Security Coming Soon Protect PDF Unlock PDF Coming Soon Watermark PDF Coming Soon Edit Coming Soon Sign PDF Coming Soon Fill Form Coming Soon Convert Format Coming Soon PDF to Excel PDF to jpg PDF to Text Coming Soon Other Coming Soon Crop PDF Coming Soon Delete Pages Coming Soon Deskew Coming Soon Redact Coming Soon Rotate Compressed PDF See all PricingCareersBlog Get Demo Try Now Docsumo raises $3.5 million seed funding from Common Ocean, Fifth Wall, Arbor and Better Capital. Read More MAKE ACCURATE DECISIONS FROM UNSTRUCTURED DOCUMENTS Get a Free Demo Document AI software with Intelligent OCR technology helps you convert unstructured documents such as pay stubs, invoices and bank statements to actionable data. Works with documents in any format with minimal setup. Schedule Demo View Pricing TRUSTED BY THE WORLD’S MOST DATA-DRIVEN BUSINESSES THE SMARTER WAY TO PROCESS DOCUMENTS Upload from Computer | Review Extracted Data | Integrate API Slide 2 of 3. Eliminate Manual Entry Extract totals, invoice numbers, payment terms, and more from multiple invoices in just a few clicks. Learn More Automate Decisions Categorize table line items and get calculated attributes to automate decisions. Learn More Get Better Data Review captured data with human-in-the-loop tool & validate with external APIs or database. Learn More WHY DOCSUMO 50XFaster than a human. 70% Reduction in processing costs. 50% Increase in efficiency. Easily convert documents to data. Auto Classification Data Capture Validation Rules API Integration Fraud Detection Explore Product INDUSTRIES WE SERVE Lending Verify income from bank statements and pay stubs. Get accurate line item categorization and attributes for underwriting. Learn More Insurance Read Certificate of Insurance and other policy documents easily. Validate extracted data with a smart rule engine. Learn More Logistics Convert bill of lading, purchase orders and delivery notes to structured information. Validate data from CRM or ERP for straight through processing. Learn More Accounts Payable Automate invoice processing with layout agnostic machine learning model. Match invoice data with ERP to automate the process end-to-end. Learn More View all solutions Lending Enhance customer experience by reducing turn around time for loan applications with touchless automation Learn more Insurance Read Certificate of Insurance and other policy documents easily. Validate extracted data with a smart rule engine. Learn more Logistics Convert bill of lading, purchase orders and delivery notes to structured information. Validate data from CRM or ERP for straight through processing. Learn more Accounts Payable Automate invoice processing with layout agnostic machine learning model. Match invoice data with ERP to automate the process end-to-end. Learn more Slide 2 of 4. View all solutions WHAT OUR CUSTOMERS ARE SAYING 500+ Teams trust us Best Document AI solution that comes with pre-trained APIs a CRE lender needs. Amongst others, the biggest advantage of partnering with Docsumo is the data capture accuracy they’re able to deliver. We’re witnessing a 95%+ STP rate, that means we don’t even have to look at risk assessment documents 95 out of 100 times, and the extracted data is directly pushed into the database. Howard Leiner CTO, Arbor Read the case study Docsumo is your go-to solution if you need a flexible solution to capture data from unstructured documents. Docsumo does a very good job when it comes to our specific use-case. Debt settlement letters vary a lot from each other, but Docsumo manages to capture data accurately almost every single time at the processing speed which is unprecedented. We’re witnessing the STP rate of over 95% with Docsumo. Daniel Tilipman President & Co-Founder, National Debt Relief Read the case study With Docsumo we are now able to process thousands of ACORD Forms in a day. We were looking for a tech partner to automate analysis of certificates of insurance for our real estate liability management software. We are really happy with Docsumo’s APIs and their team’s dedication to solving our problem. We are now able to process thousands of ACORD forms a day automatically while being able to get accurate analytics from over 100 data points. Michael Rudman Co-Founder & CTO, Jones Read the case study With Docsumo, we are now able to save more than 200 hours per month. As a whitelabel ATM provider, we were completely overburdened with monthly reconciliation from bank statements sent by our ATM operators. Manually processing them was just not cutting it for us with our growing volume. With Docsumo, we are able to process bank statements in less than 30 mins with an accuracy rate over 99%. Dhananjay Manjrekar Head, Revenue Assurance, Hitachi Payment Services, India Read the case study Docsumo’s auto-classification feature makes processing of non-uniform utility bills smooth & accurate. We’re processing utility bills from 6 different service providers for portfolio management. The challenge was to have just one solution to process all different versions of bills to save us the hassle of retraining & switching amongst multiple solutions. Docsumo has been able to deliver just that - one solution for all different variations. Shani Nowlin Chief Technical Officer Read the case study “We are using Docsumo’s APIs for automating data capture from bank statements and identity cards while on-boarding customers. It has reduced the time our operations team spends on data entry by manifolds while providing a much better customer experience.” Prashanth Ranganathan CEO, Paysense.com Since the very beginning everything was fine, they always say “Ask anything even if you need support from our developers. The support for initial user was exceptional, even for small users like me. Dario G Operations Manager, Onerz “Bringing down the invoice processing time from a few hours to less than 5 minutes with 99%accuracy has been a real-game changer for us. With Docsumo, we have been able to automate invoice processing resulting in lower turnaround time and better customer experience.” Jussi Karjalainen Founder & Managing Partner, ValtaTech Best Document AI solution that comes with pre-trained APIs a CRE lender needs. Amongst others, the biggest advantage of partnering with Docsumo is the data capture accuracy they’re able to deliver. We’re witnessing a 95%+ STP rate, that means we don’t even have to look at risk assessment documents 95 out of 100 times, and the extracted data is directly pushed into the database. Howard Leiner CTO, Arbor Read the case study Docsumo is your go-to solution if you need a flexible solution to capture data from unstructured documents. Docsumo does a very good job when it comes to our specific use-case. Debt settlement letters vary a lot from each other, but Docsumo manages to capture data accurately almost every single time at the processing speed which is unprecedented. We’re witnessing the STP rate of over 95% with Docsumo. Daniel Tilipman President & Co-Founder, National Debt Relief Read the case study With Docsumo we are now able to process thousands of ACORD Forms in a day. We were looking for a tech partner to automate analysis of certificates of insurance for our real estate liability management software. We are really happy with Docsumo’s APIs and their team’s dedication to solving our problem. We are now able to process thousands of ACORD forms a day automatically while being able to get accurate analytics from over 100 data points. Michael Rudman Co-Founder & CTO, Jones Read the case study With Docsumo, we are now able to save more than 200 hours per month. As a whitelabel ATM provider, we were completely overburdened with monthly reconciliation from bank statements sent by our ATM operators. Manually processing them was just not cutting it for us with our growing volume. With Docsumo, we are able to process bank statements in less than 30 mins with an accuracy rate over 99%. Dhananjay Manjrekar Head, Revenue Assurance, Hitachi Payment Services, India Read the case study Docsumo’s auto-classification feature makes processing of non-uniform utility bills smooth & accurate. We’re processing utility bills from 6 different service providers for portfolio management. The challenge was to have just one solution to process all different versions of bills to save us the hassle of retraining & switching amongst multiple solutions. Docsumo has been able to deliver just that - one solution for all different variations. Shani Nowlin Chief Technical Officer Read the case study View more Customers Stories USE CASES Invoice Automate accounts payable with invoice data capture Bank Statement Get transaction data from pdf and scanned documents Acord Convert certificate of insurance to actionable data Trailing 12 Months Commercial real estate analytics made easier and more accurate Rent Roll 50% less operational cost with automated rent roll processing Bill of Lading Onboard customers in real-time with quick and accurate logistics document processing Energy & Utility Bills Error-free data extraction from Energy & Utility bills IRS Form 1040 Verify tax return details in real-time with intelligent OCR API Invoice Extract totals, invoice numbers, payment terms, and more from multiple. Bank Statement Extract totals, invoice numbers, payment terms, and more from multiple. Accord Extract totals, invoice numbers, payment terms, and more from multiple. Trailing 12 Months Extract totals, invoice numbers, payment terms, and more from multiple. Rent Roll Extract totals, invoice numbers, payment terms, and more from multiple. Bill of Lading Extract totals, invoice numbers, payment terms, and more from multiple. Energy & Utility Bills Extract totals, invoice numbers, payment terms, and more from multiple. IRS Form 1040 Extract totals, invoice numbers, payment terms, and more from multiple. Hassle-free and Reliable ACORD form processing Extract data from ACORD forms and easily monitor insurance coverage with pre-built analytics. Read More Data Extraction from Aadhaar cards Extract and process data from Aadhaar cards images, even when captured from mobile phones. Read More Extract data from bank statements Processing bank statements has never been easy Read More Automate Driving License Capturing Scanning substandard quality driving license images is not a problem anymoredocuments with near 100% accuracy Read More Real time KYC verification Onboard customers in real time by capturing data from identity documents with near 100% accuracy Read More Capture Data from PAN Cards Detect fraudulent images and data with Docsumo's intelligent PAN Card Verification API Read More Explore more use cases We are SOC 2 TYPE2 Certified We use enterprise-grade security to ensure that your data is secure. You have complete control of your data processed through Docsumo. Read More ENTER YOUR METRICS TO FIND OUT HOW DOCSUMO CAN ADD VALUE! Get a free ROI report and see the impact of your document automation project. Tell us where you are today How big is your operations team?How many Documents do you receive annually?Full NameBusiness E-mail Please use your company email ! Thank you! Your submission has been received! Oops! Something went wrong while submitting the form. This is what your document processing operations could look like tomorrow Based on real benchmarks from Docsumo customers, this is what we project for you and your team. 80 % Straight through Processing $ 0 Total Cost Reduced < 30 sec Average processing time 0 hrs Total time saved $300k Projected ROI BLOG Data Extraction . 5 min read A GUIDE TO AUTOMATING DATA CAPTURE FROM REPORTS, PAYROLL OR ANY OTHER HR-RELATED DOCUMENT INTO ACTIONABLE FORMAT ACCURACY? In today’s dynamic business world, filing and archiving official documents in the digital form makes it handy, and works wonders in the future or in unforeseen circumstances. Read More Document Processing. 3 min read HOW HAS ADVANCED IMAGE PRE-PROCESSING IMPROVED OCR ACCURACY? Modern AI-driven OCR processes identify textual characters on two levels: they begin with identifying blocks of texts in a specific area – whether in an image or a document. Read More Data Extraction . 3 min read CONVERT FORMS TO EXCEL SPREADSHEET OR JSON FORMAT ACCURATELYACCURACY? Docsumo is trusted by various companies from different sectors for its efficient conversion of forms to Excel, JSON, or any other format that the might find relevant. Read More OCR OCR | October 21, 2022 ANALYSIS AND BENCHMARKING OF OCR ACCURACY FOR DATA EXTRACTION MODELS Optical Character Recognition (OCR) is the technology to convert an image of text into machine-readable text. It is the underlying technology for various data extraction solutions including Intelligent Document Processing. However, OCR is not smart enough to figure out the context in a document - it works simply by distinguishing text pixels from the background and finding a pattern. This limitation could cause inaccuracy in captured data that could directly impact the output of your data extraction model. Read More ACCOUNTS-PAYABLE ACCOUNTS-PAYABLE | October 21, 2022 INTELLIGENT INVOICE PROCESSING: A COMPLETE GUIDE Accounts payable is a key financial function for any business. Corporations can have thousands of suppliers; even for relatively smaller businesses, the number of suppliers could be in hundreds. All the invoices they receive from these suppliers come in multiple formats, layouts, and templates - some semi-structured, some unstructured. Therefore, firms expend time and resources to capture invoice information through manual data entry and verification of accounts payable. Manual data entry is not feasible in the long run, definitely not on a large scale. Before we talk about how intelligent invoicing solves the problems associated with manual invoicing, let’s discuss the challenges in much detail. Read More INTELLIGENT DOCUMENT PROCESSING INTELLIGENT DOCUMENT PROCESSING | October 21, 2022 EVERYTHING YOU NEED TO KNOW ABOUT INTELLIGENT DATA EXTRACTION As most of an organization's information is available in an unstructured format, processing it requires an automated system that can handle documents with minimum human interaction. OCR is one such technology, but its scope is limited as it requires human interaction and is highly dependent on the layout and structure of the document to be processed.These limitations are overcome by Intelligent Data Extraction.Using artificial intelligence, the Intelligent Data Extraction technology extracts data from documents and transforms it into useful information through the extraction process. It functions as a singular tool for extracting information from any type of document and aids in optimizing company operations. Read More Explore more WATCH DOCSUMO IN ACTION We’d love to show you how you can increase your productivity, process your documents faster and save operations cost! Full Name* Work Email* Phone Number* Company Name* Job Title* How many documents per month do you need to process?* LEGAL * Privacy PolicyTermsData securityLegal notice PRODUCT * FeaturesPricingKnowledge BaseDeveloper API KNOWLEDGE HUB * BlogCase StudiesFAQsGuides FREE TOOLS * PDF to ExcelOnline OCR Extract TableOCR Chrome Extension COMPARE * Google Doc AIAmazon TextractAbbyy FlexicaptureDocparserRossum COMPANY * About UsBlog CareersContact UsFAQs We Are Hiring RESOURCES * Case StudiesConvert PDF to JSONConvert PDF to ExcelInvoice Data Extraction SOCIAL * SOCIAL * © 2022 Docsumo. All rights reserved.