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Docsumo — AI Data Entry Tool

Review star icon 4.6 (from 8 reviews)
Ranking star icon Rated #35 in AI Data Entry Tools
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What is Docsumo?

Docsumo extracts data from complex documents like ACORD forms and bank statements, enabling finance professionals to process hundreds of documents in seconds. It integrates with existing systems, allowing underwriters and accounts receivable teams to reduce manual data entry and improve accuracy in their workflows.

What sets Docsumo apart?

Docsumo specializes in processing a wide range of complex financial documents, from intricate contracts to detailed tax returns. The tool adapts to new document layouts without compromising accuracy, allowing finance teams to handle diverse paperwork. By automating data extraction, Docsumo helps underwriters cut manual review time for loan applications.

Docsumo Use Cases

  • Automate invoice processing
  • Extract data from PDFs
  • Digitize unstructured documents
  • Streamline KYC processes

Who uses Docsumo?

Features and Benefits

  • Feature icon Document Classification
    Automatically categorize and sort incoming documents into specific folders for quick retrieval and data extraction.
  • Feature icon Data Extraction
    Extract key values and tables from unstructured documents using AI-powered models.
  • Feature icon Validation Rules
    Create custom rules to validate extracted data within documents or against databases.
  • Feature icon API Integration
    Integrate extracted data with existing systems using ready-to-use APIs for various industries.
  • Feature icon Review and Approve
    Verify and edit extracted data through an embeddable review screen before finalizing.

Docsumo Pros and Cons

Pros
  • Circle checkmark icon Automates data extraction from unstructured documents
  • Circle checkmark icon Reduces manual data entry time and errors
  • Circle checkmark icon Customizable for specific document types and industries
  • Circle checkmark icon Offers flexible pricing based on document volume
  • Circle checkmark icon Provides high accuracy in data extraction
Cons
  • Cross icon User interface could be more intuitive
  • Cross icon May require initial setup and training
  • Cross icon Limited coverage for certain document types
  • Cross icon Occasional issues with complex or non-standard documents
  • Cross icon Some users report communication challenges with support team

Pricing

Free Trial
Growth $500/mo
  • Circle check icon Pre-trained APIs for invoices, purchase orders, and ID cards
  • Circle check icon 3 Users
  • Circle check icon Data accuracy confidence scores
  • Circle check icon Machine learning capability
  • Circle check icon Table Vision
Business Price not available
  • Circle check icon All documents in Growth + Bank statements, Tax returns, Insurance certificates, & Utility Bills
  • Circle check icon 10 Users
  • Circle check icon Data accuracy confidence scores
  • Circle check icon Machine learning capability
  • Circle check icon Parse emails
  • Circle check icon Validate via rules and basic analytics
  • Circle check icon Train custom ML model
  • Circle check icon OMR & Handwritten Text Extraction
Enterprise Price not available
  • Circle check icon All documents in Business + Financial statements, T12 operating statements
  • Circle check icon Unlimited users
  • Circle check icon Data accuracy confidence scores
  • Circle check icon Machine learning capability
  • Circle check icon Parse emails
  • Circle check icon Advanced validation and analytics
  • Circle check icon Train custom ML model
  • Circle check icon Table categorization
  • Circle check icon Auto-classification of Documents
  • Circle check icon OMR & Handwritten Text Extraction
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