No setup. no initial setup, no infrastructure, licensing or troublesome implementation. pay-per-document. we only charge variable costs for your processed document volume. no minimal consumption is required. scale fast. start small. thanks to an enormously scalable cloud infrastructure you can scale up or down instantly. excellent data quality. parashift goes beyond ocr and data capture. we validate extracted data for you so that you don’t have to. we support the most important purchase to pay documents. improve your accounts payable processes tremendously. we greatly increase the efficiency of the accounts payable department by processing the most common purchase to pay documents: offer order oder confirmation delivery statement pro-forma invoice invoice / receipt credit note dunning (with overdue fines) you can always decide whether you want to use all of them or just a selection. parashift integrates into your existing purchase to pay software. the advantages at a glance. easily & fast implemented. using ai-based accounts payable processing has never been easier. it just works – no setup or training required. simply integrate our rest api to your preferred software or use third party plugin and immediately start processing invoices and delivery notes. zero follow-up work. the solution for invoice data: no templates, no document setup and no post-validation of ocr results. ap data extraction that simply works. with parashift, you don’t waste the time of valuable ap staff entering data or checking ai ocr results. low cost & pay-as-you-go. we do not charge a basic fee. instead, you simply pay for ap automated data capture. this means roi from day one by using intelligent invoice processing. it’s never been easier to start with accounts payable invoice processing. process invoices without verifying ocr extraction results. instantly reduce 100% of your manual data entry work. automatically read delivery notes, order confirmations, invoice, receipts and more document types using machine learning based ocr. invoice scanning and data capture is easy and affordable even for very low volumes. don’t reduce manual invoice data entry. skip it, today. quality assurance, error correction, and the first steps. we highly value quality. that’s why we also focus on constantly improving our processes in order to deliver the best possible results in high quality. if badly readable documents are submitted or missing pages are detected, we provide corresponding error messages such as “document unreadable” respectively “document incomplete”. new customers are supported by parashift to ensure that the platform quickly and efficiently adapts to new documents from the respective industry with all specialties and that documents are always processed correctly.
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Our first product, a set of innovative APIs are used by software vendors such as ERP-System makers and document management system providers. Our second product, an accounting document management SaaS, fundamentally changes the way bookkeeping and accounting document handling is done at midsize clients. FORBES MAGAZINE lists Parashift as one of the 30 promising AI start-ups and FINTECHNEWS as one of the 30 Fintech Startups in SwitzerlandView Company