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Description
Parserdata is an innovative platform that leverages AI to automate financial data extraction, significantly reducing the need for time-consuming manual data entry by effectively pulling structured information from various unstructured financial documents such as invoices, receipts, transaction reports, bank statements, and balance sheets, all without the need for templates or manual intervention. Utilizing advanced machine learning algorithms and scanning technologies, it accurately identifies and extracts critical fields like vendor information, monetary amounts, dates, and totals, providing users with organized data that is primed for analysis or seamless integration into accounting software. This automation leads to a substantial decrease in errors and minimizes the time spent on repetitive tasks such as copying and reformatting data. Furthermore, Parserdata emphasizes strong data security and regulatory compliance through encryption measures and is designed to accommodate increasing document volumes, enabling teams to enhance their workflows within accounts payable and reporting functions. As a result, organizations can achieve greater efficiency and accuracy in their financial operations.
Description
Utilizing Ultra OCR®, we effectively extract text from documents in various formats. RPA complements this by retrieving data from websites, public databases, and legacy systems or ERPs. Nuveo's advanced NLP and ML technologies then analyze and interpret all gathered information, significantly minimizing the time required for manual document analysis.
Once the information is evaluated and organized, the RPA or custom interfaces seamlessly integrate the relevant data into systems or ERPs, ensuring a fully automated workflow.
Nuveo’s patented Ultra OCR® stands out as a premier solution for character, word, and term recognition within images or PDFs, supported by sophisticated image processing algorithms that deliver recognition efficiency well above industry standards.
The integration of Machine Learning (ML) and Natural Language Processing (NLP) empowers our system to learn, interpret, and make informed decisions based on the documents processed. As more data is handled, the system's accuracy and reliability continue to improve, showcasing the effectiveness of our innovative technology.
API Access
Has API
API Access
Has API
Integrations
Google Sheets
JSON
Microsoft Excel
XML
Pricing Details
$25 per month
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
Parserdata
Founded
2025
Country
United States
Website
parserdata.com
Vendor Details
Company Name
Nuveo Technologies
Country
Canada
Website
www.nuveo.ai/
Product Features
Data Extraction
Disparate Data Collection
Document Extraction
Email Address Extraction
IP Address Extraction
Image Extraction
Phone Number Extraction
Pricing Extraction
Web Data Extraction
Product Features
Data Extraction
Disparate Data Collection
Document Extraction
Email Address Extraction
IP Address Extraction
Image Extraction
Phone Number Extraction
Pricing Extraction
Web Data Extraction