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Parashift

by Parashift AG · Since 2017
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ActiveAvailable globallyCloud
Quick facts
VendorParashift AG
Year launched2017
StatusActive
LocationHauptstrasse 134, 4450 Sissach, Switzerland
Countries servedGlobal
Languages9
Integrations9+
Free tier
Free trial
Contact salesYES

About Parashift

Parashift is a document management software from Parashift AG that provides intelligent document processing and AI automation solutions. It offers features such as AI document classification, data extraction, and compliance management so organizations can efficiently handle document workflows. Parashift focuses on secure AI automation, ensuring high levels of security and compliance for sensitive information. With its advanced capabilities, users can automate repetitive tasks, reduce manual errors, and simplify their document management processes. Key capabilities: AI document classification Data extraction Compliance management Secure AI automation Document workflow automation Best for: organizations that need efficient document processing and automation solutions.

PARASHIFT BY PARASHIFT AG is an advanced data extraction software that stands out in the field of document processing by transforming unstructured documents into structured data with remarkable efficiency. This software is designed to automate document processing tasks, reducing the need for manual effort and significantly enhancing overall productivity. One of its primary strengths lies in its ability to support over 400 document types, making it a versatile tool capable of handling a wide array of documents across different industries. The software leverages AI-driven data extraction technology, which continuously learns and improves, ensuring high accuracy even when dealing with complex documents. This is particularly beneficial for businesses that handle large volumes of documents daily, as it not only accelerates the process but also minimizes errors that could arise from manual data entry. The user interface of PARASHIFT is designed to be both functional and user-friendly, offering a clean and intuitive layout that facilitates easy navigation. The dashboard provides users with a comprehensive overview of all ongoing processes, allowing them to monitor progress in real-time.

Pros & Cons

What users like
  • +1. Easy Implementation: Simple and quick integration process.
  • +2. Fast Results: Achieved initial results within hours and full implementation within a week.
  • +3. Workflow Flexibility: Adaptable to existing internal workflows and automation processes.
  • +4. Accurate Validation: Ensures data accuracy and validation.
  • +5. Minimal Support Needs: Generally requires minimal support due to ease of use.
What users flag
  • 1. External Cloud Services: Relies on external cloud services for processing.
  • 2. Validation Delays: May introduce delays due to validation processes.
  • 3. API Integration Challenges: Encountered minor technical questions during API integration.

Features

Key features

1. Intelligent Document Processing (IDP)
Automates document processing tasks using AI.
2. Document Swarm Learning
Continuously learns from processed documents to improve accuracy.
3. Document Separation
Separates batch documents into individual documents.
4. Document Classification
Identifies and sorts documents based on type.
5. Data Extraction
Extracts data from documents using AI.
6. Human-in-the-Loop
Combines human and machine work for efficient processing.
7. Cloud-Based Platform
Provides a cloud-based platform for easy access and scalability.

Additional features

1. Wide Range of Use Cases
Supports over 400 document types and can be customized for specific use cases.
2. High Accuracy
Achieves over 98% accuracy on field-level data extraction.
3. Fast Processing
Processes documents 15x faster than traditional methods.
4. Integration Capabilities
Integrates with various business applications through APIs.
5. Security
Adheres to high security and compliance standards.

Pricing

Free trial
Free version
Request a quote
Promo Offer

Countries & Languages

Global
Countries served
9
Interface languages
21
Billing currencies

Interface languages

EnglishGermanFrenchItalianSpanishPortugueseDutchRussianChinese

Billing currencies

🇺🇸USD🇪🇺EUR🇬🇧GBP🇦🇺AUD🇨🇦CAD🇯🇵JPY🇨🇭CHF🇨🇳CNY🇮🇳INR🇧🇷BRL🇲🇽MXN🇸🇪SEK🇳🇴NOK🇩🇰DKK🇸🇬SGD🇭🇰HKD🇰🇷KRW🇵🇱PLN🇷🇺RUB🇿🇦ZAR🇹🇷TRY

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