Docparser is an information extraction answer designed to assist companies scale back guide information entry and reduce inefficient doc processing. It allows your staff to routinely extract invaluable data from varied doc codecs, together with invoices, PDFs, and scanned paperwork.
With its neat interface and customizable parsing guidelines, Docparser goals to enhance your document-heavy workflows, saving time and lowering errors. Nevertheless, it has some limitations. The training curve may be steep, particularly for customers much less conversant in information extraction ideas. Establishing parsing guidelines for complicated tables or dealing with variations in doc layouts might require some technical experience.
That is not all. Different limitations embrace:
- Dealing with desk Information: Extracting information from tables, particularly these with complicated constructions, may be more difficult than extracting header-level data.
- Excessive value: The steep pricing makes it unaffordable, particularly for smaller companies or these with decrease doc processing volumes.
- Restricted language assist: The dearth of complete assist for languages aside from English is a downside for worldwide customers.
For companies in search of alternate options, a number of choices exist. These alternate options typically present extra superior options, higher scalability, or improved user-friendliness. Let’s discover some prime Docparser alternate options that will help you discover the very best match on your group’s doc processing wants.
High Docparser alternate options to think about
In relation to doc processing, one measurement does not match all. Every enterprise has distinctive wants, and discovering the correct device could make all of the distinction.
Right here’s a fast desk that will help you consider the highest alternate options to Docparser:
Device | Description | Complete Rating (max 45) | Free Trial | G2 Score (Max 5) |
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Docparser | Rule-based doc parser with customizable templates. Preferrred for structured paperwork. | 31 | Sure | 4.6 |
Nanonets | AI-powered platform for various doc sorts. Excels in unstructured information extraction. | 43 | Sure | 4.8 |
Base64.ai | Superior AI answer for complicated doc processing. Sturdy in multi-language assist. | 42 | Sure | 4.9 |
Rossum | Cognitive information seize centered on invoices. Adapts to numerous layouts with out templates. | 37 | Sure | 4.4 |
DocSumo | AI-powered device for monetary doc processing. Sturdy in customization. | 36 | Sure | 4.7 |
Klippa | Versatile doc processing with cell seize capabilities. | 35 | No | NA |
Tungsten Seize | Enterprise-level answer for high-volume doc processing. | 34 | No | 4.3 |
AutoEntry | Specialised in accounting doc automation. Sturdy integration with accounting software program. | 30 | Sure | 3.8 |
DocuClipper | Targeted on monetary doc extraction. Environment friendly for financial institution statements and invoices. | 29 | Sure | 4.8 |
Automation Wherever IQ Bot | AI-powered doc processing as half of a bigger RPA platform. | 41 | Sure | NA |
SS&C Blue Prism | RPA platform that additionally gives doc processing capabilities. | 36 | Sure | 4.5 |
The rating is predicated on insights from consumer evaluations on platforms like G2 and Capterra, official product documentation, unbiased analyses, and hands-on experiences the place attainable. We then rated every device on 12 essential options, giving extra factors to issues that matter for doc processing.
Do not forget that these scores could also be influenced by data availability and the quickly evolving nature of those instruments, so we encourage you to make use of these as a place to begin on your personal analysis.
Listed below are the 12 components that we thought-about and the utmost rating for every:
- Instantaneous studying with AI (5)
- Assist for various doc sorts and including fields (5)
- Value-effectiveness in comparison with guide processing (5)
- Dealing with of unstructured paperwork (5)
- Processing of text-heavy paperwork (5)
- Minimal guide intervention required (4)
- Means to mix information from a number of searches (3)
- On-platform human QA with confidence scores (3)
- Doc indexing and storage capabilities (3)
- Dealing with of handwritten paperwork (3)
- Integrations and workflow capabilities (2)
- Doc classification and routing (2)
Now, let’s dive deeper into every various.
1. Nanonets
Nanonets is an clever, AI-driven doc processing platform that automates information extraction from varied doc sorts. Its superior OCR and deep studying fashions allow correct processing of each structured and unstructured paperwork. The platform’s skill to deal with complicated layouts, assist customized fields, and combine with present workflows makes it a flexible answer for companies of all sizes.
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Nanonets’ AI engine does not simply extract information; it learns and adapts with every doc processed, lowering repetitive errors and minimizing the necessity for guide corrections.
Nanonets lets you:
- Course of varied doc sorts natively, together with invoices, receipts, driver’s licenses, and passports
- Add customized fields and practice fashions for particular doc sorts, adapting to your distinctive enterprise wants
- Automate as much as 90% of your information entry duties, releasing up invaluable time and assets
- Deal with unstructured and text-heavy paperwork with ease, extracting data from varied layouts and codecs
- Course of paperwork in over 40 languages
- Make the most of on-platform human QA instruments with confidence scores to effectively allocate guide assessment efforts
- Combine seamlessly with fashionable platforms like Zapier, Salesforce, and QuickBooks for easy information export and course of automation
- Robotically classify and route completely different doc sorts, streamlining your doc processing workflow
Potential drawbacks:
- Time-consuming annotation course of
- UI could possibly be extra intuitive
- No cell app
Why take into account Nanonets: Nanonets is a extra adaptable and scalable answer. Its AI-powered studying functionality means it evolves with use, lowering the necessity for fixed rule updates. Nanonets excels in dealing with unstructured paperwork and sophisticated layouts, areas the place Docparser might battle. Moreover, Nanonets’ user-friendly interface, intensive integration choices, and on-platform human QA instruments present a extra complete and environment friendly expertise.
Greatest suited to: Preferrred for companies of all sizes coping with excessive volumes of assorted doc sorts, particularly these with complicated or inconsistent layouts. It is notably well-suited for industries like finance, healthcare, and logistics, the place correct information extraction is essential.
Pricing: The fundamental plan follows a pay-as-you-go mannequin, with the primary 500 pages free, then $0.3/web page. For companies with greater volumes, customized pricing is accessible.
2. Base64
Base64.ai is an AI and LLM-powered doc processing platform that extracts information from a variety of doc sorts. Its superior machine-learning fashions permit it to grasp and course of each structured and unstructured paperwork with excessive accuracy.
Base64.ai permits you to:
- Extract information from varied doc sorts, together with invoices, receipts, and sophisticated types
- Use superior picture recognition for duties like product defect detection and picture categorization
- Course of paperwork in 11 languages, together with Arabic, English, and Chinese language
- Customise the AI fashions to suit particular wants (for these with technical experience)
- Use pre-built templates for frequent doc sorts
- Combine with different instruments like UiPath for streamlined workflows
Potential drawbacks:
- Value could also be too excessive for smaller companies
- Steep studying curve to completely make the most of the device
- Might misread complicated paperwork
Why take into account Base64.ai: Its skill to deal with various doc sorts and adapt to new codecs with out intensive guide configuration units it aside.
Greatest suited to: Medium to giant enterprises that course of a excessive quantity of various paperwork. It is notably helpful for industries like finance, e-commerce, and human assets the place doc selection is frequent.
Pricing: Free trial out there. Beginning plan is at $3,000/12 months for 12,000 pages. Customized pricing for greater volumes.
3. Rossum
Rossum is an AI-powered doc processing platform, with particular deal with bill information seize. Its cognitive method permits it to grasp doc context reasonably than counting on inflexible templates, making it extremely adaptable to numerous bill codecs.
Rossum lets you:
- Course of various bill codecs with out creating particular person templates
- Use cognitive information seize for automated adaptation to new layouts
- Make the most of human-in-the-loop performance for difficult instances
- Combine easily with present programs by way of a strong API
- Assist a number of languages for international operations
- Customise extraction processes with versatile guidelines and validations
- Analyze processing information for steady enchancment
Potential drawbacks:
- Occasional glitches
- Steep studying curve for complicated customizations.
- Unsuitable pricing for smaller companies or these with decrease doc volumes.
Why take into account Rossum: Rossum’s cognitive method gives better flexibility than Docparser’s template-based system. It handles diversified bill codecs extra effectively, lowering setup time and upkeep. It really works effectively for companies coping with a number of suppliers and codecs.
Greatest suited to: Medium to giant enterprises processing excessive volumes of various invoices, notably these in multinational operations.
Pricing: 14-day free trial is accessible. Beginning plan is priced at $18000 per 12 months. Contact their gross sales staff for tailor-made quotes.
4. DocSumo
DocSumo is an AI-powered doc processing platform that focuses on automating information extraction from varied sorts of paperwork, notably monetary and business-related papers.
DocSumo permits you to:
- Extract information from various doc sorts, together with invoices, financial institution statements, and utility payments
- Customise extraction fashions to suit particular enterprise wants
- Course of paperwork in a number of languages
- Assessment and proper extracted information via a user-friendly interface
- Automate workflows for doc processing and information entry
Potential drawbacks:
- Restricted options in comparison with different alternate options
- Might not be appropriate for extra complicated or unstructured paperwork
- Minor modifications might require retraining of fashions
- Might face challenges when extracting particular information fields or complicated desk constructions
Why take into account DocSumo: Its skill to deal with complicated and diversified doc codecs makes it stand out.
Greatest suited to: Small to medium-sized companies seeking to automate guide information entry processes in finance, accounting, and operations.
Pricing: 14-day free trial is accessible. Beginning plan is priced at $500+/mo. Customized pricing for greater volumes.
5. Klippa DocHorizon
Klippa DocHorizon is an AI-powered doc processing answer that focuses on information extraction, doc conversion, classification, and verification to automate document-related workflows.
Klippa DocHorizon lets you:
- Extract information from varied doc sorts, together with invoices, receipts, and identification paperwork
- Combine seamlessly with present programs via a well-documented API
- Course of paperwork in a number of languages, supporting international operations
- Customise extraction processes to suit particular enterprise wants
- Make the most of cell app performance for on-the-go doc seize
Potential drawbacks:
- Restricted customization choices for some particular workflows
- OCR expertise, whereas superior, should face challenges with sure doc sorts
- Preliminary setup and mannequin coaching might require some effort and time
Why take into account Klippa: Klippa gives a extra complete answer with superior AI capabilities and cell performance. Its sturdy API and integration choices make it notably enticing.
Greatest suited to: Small to medium-sized companies throughout varied industries, coping with excessive volumes of invoices, receipts, and identification paperwork.
Pricing: Contact their gross sales staff for a customized quote primarily based in your particular wants and quantity.
6. Tungsten Seize
Tungsten Seize, previously referred to as Kofax Seize, is a doc processing and information extraction platform designed for enterprise-level use.
Tungsten Seize permits you to:
- Seize and digitize varied doc sorts, together with invoices, types, and medical data
- Use OCR and ICR for automated information extraction
- Classify completely different doc sorts primarily based on their construction
- Customise workflows for doc processing
- Combine with different programs like Oracle UCM and Filenet
- Course of excessive volumes of paperwork effectively
Potential drawbacks:
- Preliminary setup and configuration may be complicated and time-consuming
- UI can really feel dated
- Costly, particularly for smaller companies
- Some customers report occasional technical points and bugs
Why take into account Tungsten Seize: Its sturdy OCR capabilities and talent to deal with complicated doc sorts make it appropriate for large-scale doc processing wants. Its customizability and talent to deal with uncommon doc contents make it a strong device for enterprises with particular doc processing necessities.
Greatest suited to: Medium to giant enterprises coping with excessive volumes of assorted doc sorts. Extra so for industries like healthcare, finance, and authorities administration.
Pricing: Contact their gross sales staff for a customized quote primarily based in your particular wants and quantity.
7. AutoEntry by Sage
AutoEntry is an information automation device that streamlines the method of extracting data from varied monetary paperwork and integrating it with fashionable accounting software program.
AutoEntry lets you:
- Robotically extract information from receipts, invoices, and financial institution statements
- Seamlessly combine with main accounting software program like Sage, Xero, and QuickBooks
- Make the most of a cell app for on-the-go doc seize and processing
- Break up invoices throughout a number of value facilities with completely different VAT charges
- Deal with multi-currency transactions effortlessly
- Arrange guidelines for automated categorization of standard transactions
- Entry archived paperwork instantly inside your accounting software program
Potential drawbacks:
- Processing occasions may be sluggish, particularly for bigger paperwork
- The cell app may be hit-or-miss for importing receipts
- Some customers discover the credit-based pricing mannequin complicated or costly for high-volume use
- Occasional sync points with accounting software program
Why take into account AutoEntry: AutoEntry’s deep integration with fashionable accounting platforms units it aside. Its skill to deal with complicated situations like multi-cost middle invoices and multi-currency transactions definitely places it forward of Docparser for companies closely centered on monetary doc processing.
Greatest suited to: Small to medium-sized companies, particularly these in accounting or with complicated bookkeeping necessities. Nice for corporations already utilizing suitable accounting software program and seeking to streamline their monetary processes.
Pricing: Free trial is accessible. Primary plan begins from $12.00 per 30 days. The pricing is credit-based, which permits for flexibility however requires cautious administration to keep away from surprising prices.
8. DocuClipper
DocuClipper is a specialised OCR software program device that extracts information from scanned or PDF monetary paperwork, together with financial institution statements, invoices, receipts, and tax types.
DocuClipper permits you to:
- Robotically convert PDF financial institution statements and monetary paperwork into Excel, CSV, QBO, or different codecs
- Import extracted information instantly into accounting software program like QuickBooks, Xero, Sage, or NetSuite
- Course of a number of paperwork in batches
- Use customized templates for particular doc sorts
- Entry an API for integration with different functions
Potential drawbacks:
- Costly for low quantity processing
- Occasional points with date formatting or complicated doc layouts
- Restricted skill to reorder a number of PDFs when importing
Why take into account DocuClipper: Its deal with monetary doc processing makes for streamlined processing of easy paperwork like financial institution statements. The information extraction accuracy can be very excessive.
Greatest suited to: Small to medium-sized companies, accountants, and monetary professionals coping with excessive volumes of monetary paperwork.
Pricing: 14-day free trial is accessible. Starter plan is priced at $39/month for 200 pages per 30 days. Customized pricing is accessible for greater volumes.
9. Automation 360 IQ Bot
Automation Wherever is a number one robotic RPA platform, and IQ Bot is their clever doc processing answer. It combines RPA with AI methods to extract and classify information from semi-structured and unstructured paperwork.
IQ Bot lets you:
- Course of complicated paperwork and emails utilizing AI and machine studying
- Extract and classify information from semi-structured and unstructured paperwork
- Create studying situations for various doc sorts and languages
- Robotically enhance doc high quality earlier than processing
- Validate extracted information manually when wanted
- Combine seamlessly with RPA bots for end-to-end course of automation
Potential drawbacks:
- Might be complicated to arrange and configure initially
- Might require important coaching information for optimum efficiency
- Costly for smaller organizations
- Occasional accuracy points with very complicated paperwork
Why take into account IQ Bot: It excels at dealing with complicated, diversified doc sorts that conventional OCR struggles with. Its skill to be taught and enhance over time makes it notably invaluable for organizations coping with giant volumes of various paperwork.
Greatest suited to: Medium to giant enterprises with important doc processing wants. Notably in industries like finance, healthcare, and authorized providers the place doc selection and complexity are excessive.
Pricing:Â Automation Wherever does not publicly disclose pricing for IQ Bot. Since it’s a part of the broader Automation Wherever platform, it is probably geared in the direction of bigger organizations with substantial budgets.
10. SS&C Blue Prism
SS&C Blue Prism is an RPA platform that mixes AI and machine studying to automate enterprise processes and streamline decision-making throughout organizations.
SS&C Blue Prism permits you to:
- Create automated workflows utilizing a visible, drag-and-drop interface
- Develop each easy and sophisticated automations with low-code/no-code choices
- Combine AI and machine studying capabilities into your processes
- Scale automations throughout your group
- Use pre-built automations and integrations from their market
- Implement safe and compliant automation options
Potential drawbacks:
- Steep studying curve, particularly for extra complicated automations
- Might be costly, notably for smaller organizations
- The scheduling system is inflexible
- Occasional delays in addressing purposeful points
Why take into account SS&C Blue Prism: Its sturdy automation capabilities, scalability, and safety features make it appropriate for enterprise-level automation wants. Customers notably reward the platform’s skill to deal with complicated processes and its reusable parts.
Greatest suited to: Medium to giant enterprises seeking to implement wide-scale automation.
Pricing: Free trial is accessible. They do not disclose their pricing publicly. Contact their gross sales staff for a customized quote primarily based in your particular wants and quantity.
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Be aware: Some observations are sourced from on-line assessment platforms. These opinions mirror particular person consumer experiences and should not characterize the present state of the product or be universally relevant. Readers ought to take into account them in context and conduct their very own analysis for essentially the most up-to-date data.
FAQ
Who’s Docparser’s competitor?
Docparser’s primary opponents embrace Nanonets and Rossum. These instruments provide comparable doc parsing and information extraction capabilities, typically with extra superior AI options. Different opponents embrace instruments like AutoEntry, Base64.ai, and Klippa, however the prime two listed above are particularly highlighted as the first alternate options to Docparser.
Sure, Docparser is a stable alternative for companies needing to extract information from structured paperwork. Customers reward its accuracy, ease of use, and time-saving capabilities, particularly for constant doc codecs.
What’s the finest PDF parsing device?
The “finest” device will depend on particular wants, however prime contenders embrace Docparser, Nanonets, and Adobe Acrobat. Docparser excels in structured paperwork, whereas Nanonets gives extra superior AI capabilities for various doc sorts.
No, Docparser is just not a free service, nevertheless it does present a 14-day free trial with no bank card required. After the trial, customers should select a paid plan. Choices embrace:
Starter: $32.50/month (billed yearly) for 1200 parsing credit per 12 months
Skilled: $61.50/month (billed yearly) for 3000 parsing credit per 12 months
Enterprise: $133/month (billed yearly) for 12000 parsing credit per 12 months
Enterprise: Customized pricing for tailor-made packages
What’s Docparser used for?
Docparser is primarily used for automating information extraction from varied doc sorts akin to invoices, buy orders, and receipts. It helps companies streamline doc processing workflows, scale back guide information entry, and combine extracted information into different programs.