TrustRadius Insights
Users of Parashift have found that the document extraction capabilities of the software have proven to be highly reliable for extracting …
Overview
What is Parashift?
Companies - from SMEs to large corporations - can use Parashift to configure, classify and extract their business documents. The platform comes with document types from different industries that can be consumed directly without configuration or training. According to this…
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What is Parashift?
Companies - from SMEs to large corporations - can use Parashift to configure, classify and extract their business documents. The platform comes with document types from different industries that can be consumed directly without configuration or training. According to this principle, the Procure to…
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Product Details
- About
- Competitors
- Tech Details
What is Parashift?
Companies - from SMEs to large corporations - can use Parashift to configure, classify and extract their business documents. The platform comes with document types from different industries that can be consumed directly without configuration or training. According to this principle, the Procure to Pay solution offers ten ready-to-use APIs. 30+ more are in preparation. To complement these, new, individual document types can be set up within minutes.
Parashift Features
- Supported: Aging Tracking
- Supported: Approval Process Control
- Supported: Archiving & Retention
- Supported: Audit Trail
- Supported: Collaboration Tools
- Supported: Compliance Tracking
- Supported: Data Aggregation and Publishing
- Supported: Data Capture and Transfer
- Supported: Data Extraction
- Supported: Data Quality Control
- Supported: Data Replication
- Supported: Data Verification
- Supported: Distributed Capture
- Supported: Document Classification
- Supported: Document Extraction
- Supported: Document Generation
- Supported: Document Imaging
- Supported: Document Retention
- Supported: Duplicate Payment Alert
- Supported: Electronic Signature
- Supported: Email Address Extraction
- Supported: File Conversion
- Supported: Fraud Detection
- Supported: Image Capture
- Supported: Image Extraction
- Supported: Invoice Processing
- Supported: IP Address Extraction
- Supported: Optical Character Recognition
- Supported: Phone Number Extraction
- Supported: Pricing Extraction
- Supported: Remote Data Capture
- Supported: Web Data Extraction
Parashift Competitors
Parashift Technical Details
| Deployment Types | Software as a Service (SaaS), Cloud, or Web-Based |
|---|---|
| Operating Systems | Unspecified |
| Mobile Application | No |
| Supported Languages | English, German, French |
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Community Insights
TrustRadius Insights are summaries of user sentiment data from TrustRadius reviews and, when necessary, 3rd-party data sources. Have feedback on this content? Let us know!
- Business Problems Solved
Users of Parashift have found that the document extraction capabilities of the software have proven to be highly reliable for extracting metadata from invoices. This has resulted in better workflow management and faster processing throughout their companies. By automating the distribution of invoices to the responsible employee and transmitting invoice details to the backoffice system, Parashift has enabled users to save valuable time. The automation of invoice allocation has particularly been beneficial for accounting teams, allowing them to focus on more strategic tasks instead of manual data entry.
In addition to the practical benefits, users have appreciated Parashift's pragmatic attitude and solution-oriented approach. The collaboration with Parashift has been described as enjoyable, with users finding the team supportive and sympathetic. Not only does Parashift address their digital document processing needs effectively, but it also provides high-quality services that have been highly appreciated by its users. By focusing on this important aspect of their users' needs, Parashift has solved critical business problems related to invoice processing and workflow management, resulting in improved efficiency and overall satisfaction for its customers.