Compare IBM Datacap vs. Parashift

Optimize the process of capturing, recognizing, and classifying business documents with IBM® Datacap software, an essential component of the IBM Cloud Pak® for Business Automation. This software enhances the efficiency of document management by utilizing advanced technologies, including natural language processing, text analytics, and machine learning, to identify, classify, and extract information from unstructured and variable paper documents. It accommodates input from multiple channels, such as scanners, faxes, emails, digital files like PDFs, and images sourced from applications and mobile devices. By leveraging machine learning, it automates the handling of complex or unfamiliar formats, making it easier to manage highly variable documents that traditional systems find challenging. Additionally, it allows for the export of documents and data to various applications and content repositories, both from IBM and other providers. Furthermore, users can quickly configure capture workflows and applications through an intuitive point-and-click interface, significantly accelerating the deployment process. This streamlined approach ultimately enhances productivity and ensures a more seamless document management experience.

Eliminate the tedious task of manual invoice data entry altogether by using Parashift, which allows you to remove 100% of your data entry workload immediately. There’s no need for initial setup, infrastructure, or complicated licensing; we only bill you based on the volume of documents processed, with no minimum consumption required, making it easy to start small. Our highly scalable cloud infrastructure lets you adjust your usage flexibly, whether you need to scale up or down. Parashift surpasses traditional OCR and data capture solutions by also validating the extracted data, so you can have peace of mind knowing that accuracy is ensured. This innovation significantly enhances the efficiency of your accounts payable processes, allowing for a streamlined workflow. We handle the most frequently used purchase-to-pay documents, including offers, orders, order confirmations, delivery statements, pro-forma invoices, receipts, credit notes, and dunning notices, complete with overdue fines. Furthermore, Parashift seamlessly integrates with your existing Purchase to Pay software, making the transition smooth and hassle-free. By adopting this solution, you can expect a remarkable improvement in your operational efficiency and overall productivity.