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Docsumo raises $3.5 million seed funding from Common Ocean, Fifth Wall, Arbor
and Better Capital.
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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

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Extract

Free OCR

Table Extraction

OCR Chrome Extension
Extract Images
Coming Soon
Split
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Split PDF by Page

Split PDF After Every X page

Extract Pages
Merge
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Rearrange PDF
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PricingCareersBlogSchedule Demo

Docsumo raises $3.5 million seed funding from Common Ocean, Fifth Wall, Arbor
and Better Capital.

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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




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




View all solutions



WHAT OUR CUSTOMERS ARE SAYING

500+ Teams trust us
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
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
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 Realty Trust
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





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
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
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 Realty Trust
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.
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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
INTELLIGENT DOCUMENT PROCESSING
INTELLIGENT DOCUMENT PROCESSING
|
June 14, 2022

SUBSTANTIAL GROWTH WITH AUTOMATED DOCUMENT PROCESSING

Automated document processing involves capturing components present on a
document with the help of softwares. It utilizes technologies like Machine
Learning, Computer Vision, Natural Language Processing, and OCR. Automatic
processing of documents in an organization helps reduce manual labor, compliance
requirements, eliminate challenges, and offers speed to the workflow
environment. In this article, we cover different techniques used for document
processing along with their pros and cons. This comparison will help you choose
the best automated document processing software for your organization. 

Read More
ACCOUNTS-PAYABLE
ACCOUNTS-PAYABLE
|
June 14, 2022

STEP-BY-STEP GUIDE TO CALCULATING ACCOUNTS PAYABLE

Accounts Payable (AP) is a current liability representing money owed to
customers. Analysing the AP turnover (how long does the organisation take to pay
the creditors) regularly can help organisations meet deadlines and avoid
delinquencies. Accounts Payable influences a company's financial performance,
credit conditions, and capacity to recruit investors and provides essential
information about its general financial health. When deciding whether to invest
or lend money, investors and lenders use these measurements to evaluate a
company's solvency and management consulting procedures. In this article, we
discuss how to calculate accounts payable, what to interpret and conclude from
it, and the limits it has.

Read More
ACCOUNTS-PAYABLE
ACCOUNTS-PAYABLE
|
June 14, 2022

BEST PRACTICES TO IMPLEMENT IN ACCOUNTS PAYABLE AUTOMATION

Given the immense benefits it has to offer, more and more companies are inclined
towards automating their accounts payable (AP) processes. Studies show that
automating accounts payable can reduce the operational costs by 81% and improve
the efficiency by 73%.Using cutting-edge technology, enterprises are automating
the time-consuming task of manual entry into a process that can be carried out
using modern software to deliver precise results efficiently. However, accounts
payable automation needs to be aided by certain practices to ensure that maximum
benefits can be derived from the automation process.

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!



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