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features
design
support

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Description

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.

Description

Establish an unlimited number of departments within a hierarchical structure, allowing for the allocation of funds to each department either as a fixed amount or a percentage. The diverse array of reports and balances available in tax accounting software will provide vital insights into your organization's financial health. You can select from various amortization methods, which include linear by percentage, linear by months, regressive, or progressive options. With just a single click, you can create your monthly and annual amortization schedule and automatically generate the corresponding accounting entries. The software also facilitates the automation of entry processes through the use of customizable entry templates. By utilizing this feature, you can specify the most frequent entries your business makes, designating fixed fields while only requiring variable information, which significantly streamlines the data entry process in accounting programs. This not only saves time but also enhances accuracy in financial reporting.

API Access

Has API Yes 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

Axon Ivy Yes 
Collate No 
Embat No 
UiPath Yes 

Integrations

Axon Ivy No 
Collate Yes 
Embat Yes 
UiPath No 

Pricing Details

No price information available.
Free Trial Yes 
Free Version No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based No 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows Yes 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars Yes 
Live Training (Online) Yes 
In Person Yes 

Types of Training

Training Docs No 
Webinars No 
Live Training (Online) Yes 
In Person No 

Vendor Details

Company Name

Parashift

Founded

2017

Country

Switzerland

Website

parashift.io

Vendor Details

Company Name

Distrito K

Founded

1997

Country

Spain

Website

www.distritok.com/aplicaciones/programa-de-contabilidad

Product Features

Accounts Payable

Approval Process Control Yes 
Bank Reconciliation No 
Cash Management No 
Check Writing No 
Duplicate Payment Alert Yes 
Fraud Detection Yes 
General Ledger Entry No 
Vendor Management No 

Data Entry

Abbreviation Detection No 
Data Capture and Transfer Yes 
Data Cleansing No 
Data Entry Verification Yes 
Data Search Flexibility No 
Duplicate Detection Yes 
Flexible Search No 
Image Entry Yes 
Library Conversion No 
Mis-Keyed Variation Detection No 
Phonetic Variation Detection No 

Data Extraction

Disparate Data Collection Yes 
Document Extraction Yes 
Email Address Extraction Yes 
IP Address Extraction Yes 
Image Extraction Yes 
Phone Number Extraction Yes 
Pricing Extraction Yes 
Web Data Extraction Yes 

Electronic Data Capture

Audit Trail Yes 
CRF Tracking No 
Data Entry Yes 
Data Verification Yes 
Distributed Capture Yes 
Document Imaging Yes 
Document Indexing Yes 
Forms Management No 
Remote Capture Yes 
Study Management No 

OCR

Batch Processing No 
Convert to PDF No 
ID Scanning No 
Image Pre-processing No 
Indexing No 
Metadata Extraction No 
Multi-Language No 
Multiple Output Formats No 
Text Editor No 
Zone Selection Tool No 

Product Features

Accounting

Accounts Payable No 
Accounts Receivable No 
Bank Reconciliation No 
Billing & Invoicing No 
CPA Firms No 
Cash Management No 
Cryptocurrency Support No 
Expense Tracking No 
Fixed Asset Management No 
Fund Accounting No 
General Ledger No 
Government No 
Multi-Currency No 
Nonprofits No 
Payroll Management No 
Project Accounting No 
Purchase Orders No 
Tax Management No 

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