IBM Watson Discovery vs. Klippa

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
IBM Watson Discovery
Score 9.1 out of 10
N/A
IBM offers Watson Discovery, a natural language processing (NLP) application with options to measure sentiment, detect entities, semantic roles, and other concepts.N/A
Klippa
Score 8.0 out of 10
N/A
Klippa is a cloud-based accounting solution that helps small to large enterprises manage expenses and process digital receipts or invoices. It comes with a centralized dashboard, which enables users to gain insights into the business expenses of employees or projects using actionable metrics and generate real-time reports. Klippa allows organizations to automatically detect fraud in financial transactions and approve/reject expenses submitted by employees, streamlining business…
$2.49
per user, per month
Pricing
IBM Watson DiscoveryKlippa
Editions & Modules
No answers on this topic
Simple
$2.49
per user, per month
Effective
$3.99
per user, per month
Premium
$4.99
per user, per month
Offerings
Pricing Offerings
IBM Watson DiscoveryKlippa
Free Trial
YesYes
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
YesYes
Entry-level Setup FeeNo setup feeRequired
Additional DetailsThe Premium contains all of the features: Submit through app, website and e-mail Stored in the cloud with 10 years retention Use categories, cost centers and tags Reimburse travel expenses with the Google Maps integration Approval through various authorization flows Integration with your accounting system or ERP Chat, mail, and phone support Text recognition (OCR) Dedicated account manager Automatic fraud detection Match creditcard statements automatically Custom connections and integrations
More Pricing Information
Community Pulse
IBM Watson DiscoveryKlippa
Top Pros
Top Cons
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IBM Watson DiscoveryKlippa
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User Ratings
IBM Watson DiscoveryKlippa
Likelihood to Recommend
9.5
(22 ratings)
8.0
(1 ratings)
Likelihood to Renew
9.1
(2 ratings)
-
(0 ratings)
Usability
7.0
(1 ratings)
-
(0 ratings)
Support Rating
10.0
(2 ratings)
-
(0 ratings)
User Testimonials
IBM Watson DiscoveryKlippa
Likelihood to Recommend
IBM
Overall, IBM Watson Discovery is an amazing technology that we use with our clients to address various business problems, but the biggest challenge has always been about ingesting, analyzing, enriching, and searching huge collections of documents and allowing our end users and SMEs to be able to search for what they need to reduce the time and efforts spent daily on a manual search through various collections of documents. We have successfully managed to reduce manual work by over 80%, and now our SMEs are being used for the skills they have to gather insights rather than do manual work.
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Klippa
Klippa does well with invoices without graphics and logos. If you can convince your suppliers to remove their branding and submit plain company names it will perform better. One issue that I could not overcome was when a supplier used "SO" (for Sales Order) as the prefix for an invoice. Every time the OCR ran it deciphered this as "S0" S-Zero. I wouldn't downgrade my rating based on that though. My one significant disappointment was I was led to believe that they would tailor the template for us. There was some minor work around our local tax rules but when it got to specific coding for our purchase order numbers the work ceased. To be fair, I may have misunderstood the scope of what changing these templates was included in the agreement. Either way, we could work around it so it wasn't a major flaw.
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Pros
IBM
  • It is an excellently fast platform with documents and the answers to queries.
  • With automation learning beneficial as it saves time.
  • When searching for a document, everything stays located and easy to find.
  • Acceptance of various documents.
  • It has a quite comfortable Technical support, always available when required.
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Klippa
  • Identifies invoice numbers.
  • Extracts text from any angle - 45 degrees and upside down.
  • Extracts line items from a printed invoice.
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Cons
IBM
  • I believe AI should be more flexible about providing data. However, it's understandable that you need to provide the details you need in a more specific and detailed way.
  • The interface could use more tweaking. Being new to the program, it was kind of hard to navigate.
  • Luckily, there was a customized feature of the dashboard that I could set up, and having something that you know where you are placed always feels familiar and comfortable.
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Klippa
  • More flexibility in tailoring the templates to suit individual customers.
  • Better documentation around the API; as I recall it was hard to find.
  • Commercial follow up. No one has contacted me since my initial purchase.
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Usability
IBM
Powerful insights with a little bit of a learning curve
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Klippa
No answers on this topic
Support Rating
IBM
Similar to all IBM Watson and Salesforce product solutions, the overall support would be a 10/10. Their provided FAQ's help with frequently experienced issues and if still unable to figure something out, their customer service representatives are always super responsive. With instant chat functions available, it is easy to ask a quick question rather than sitting on hold.
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Klippa
No answers on this topic
Alternatives Considered
IBM
Discovery differs from its competitors due to the better ease of implementation and the high level of natural language recognition, it is equal in integration resources such as API and workflow or process pipeline, but it loses in the price for a high volume of documents and/or research. If you own or plan to use other services from the IBM Watson family, there is no doubt that Watson discovery is your best option. Another important point is if you plan to use a cloud or on-premise service (local server or private cloud).
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Klippa
Klippa is optimised for invoices. Wins hands down.
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Return on Investment
IBM
  • We find its Enterprise plan expensive for a country of LATAM. For US or Europe based businesses, looks great.
  • A Big Data and massive queries based company would find the service expensive. Maybe a flat price plan would be helpful.
  • Have you thought in making a cheaper plan where you take the learning from your customer's data to enrich your AI tool?
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Klippa
  • To early to tell, our app has been delayed due to other COVID related activities.
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ScreenShots

Klippa Screenshots

Screenshot of User Interface of KlippaScreenshot of Klippa Starting PageScreenshot of Uploading Business Expense with KlippaScreenshot of Submiting Business Expense with KlippaScreenshot of Approving Business Expense with KlippaScreenshot of Matching Credit Card Statement with Klippa