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About

AccuVelocity is a cutting-edge, AI-driven data extraction software that leverages advanced OCR technology to convert unstructured documents into actionable data. It handles various document types, including pay stubs, invoices, and bank statements, with minimal setup. AccuVelocity offers: 80% Faster Data Extraction: Enhances productivity by reducing processing times. Over 99% Data Accuracy: Ensures reliable, error-free information for decision-making. 4X Scalability: Accommodates growing document volumes without performance loss. 70% Reduction in Operational Costs: Automates data entry, reducing labor costs. Applicable Industries Financial Services: Processing invoices and bank statements. Healthcare: Extracting data from patient records and insurance claims. Retail and E-commerce: Managing purchase orders and inventory. Logistics: Handling shipping documents and customs paperwork. Legal: Processing contracts and compliance documents.

About

Ensure faster, more accurate mortgage and loan document processing automation with Parascript software; automate insurance document-based tasks for the intake and review of healthcare insurance data. Optimize health plan process efficiencies, increase data accuracy and reduce costs through document processing automation. Parascript software, driven by data science and powered by machine learning, configures and optimizes itself to automate simple and complex document-oriented tasks such as document classification, document separation, and data entry for payments, lending, and AP/AR processes. Every year, over 100 billion documents involved in banking, government, and insurance are processed by Parascript software.

Platforms Supported

Windows Not Supported
Mac Not Supported
Linux Not Supported
Cloud Supported
On-Premises Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported

Platforms Supported

Windows Supported
Mac Not Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported

Audience

Businesses in financial services, healthcare, retail, logistics, and legal sectors—any organization handling large volumes of documents needing efficient, accurate, and scalable data extraction.

Audience

Financial institutions, mortgage and loan providers, insurance providers, service providers, BPOs, VARs and OEMs

Support

Phone Support Supported
24/7 Live Support Supported
Online Supported

Support

Phone Support Supported
24/7 Live Support Not Supported
Online Not Supported

API

Offers API Not Supported

API

Offers API Supported

Screenshots and Videos

Screenshots and Videos

Pricing

$19.99 per month
Free Version Supported
Free Trial Supported

Pricing

Available Upon Request
Free Version Not Supported
Free Trial Not Supported

Reviews/Ratings

Overall 5.0 / 5
ease 5.0 / 5
features 4.0 / 5
design 4.0 / 5
support 5.0 / 5

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

This software hasn't been reviewed yet. Be the first to provide a review:

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Pros & Cons from Real Users

Pros

  • AccuVelocity excels at accurately extracting data from both scanned and digital bank statements and invoices. It has significantly reduced manual data entry, saving me valuable time and effort. The automation features are intuitive and reliable, making it an indispensable tool for any financial team.

Cons

  • Although the tool is robust, the customization options are somewhat limited, which could be restrictive for teams with specific workflow needs.

Training

Documentation Supported
Webinars Supported
Live Online Supported
In Person Supported

Training

Documentation Supported
Webinars Supported
Live Online Supported
In Person Supported

Company Information

AccuVelocity
Founded: 2024
United States
www.accuvelocity.com

Company Information

Parascript
Founded: 1996
United States
www.parascript.com

Alternatives

Alternatives

PSIcapture

PSIcapture

Tungsten Automation
DOCBOT

DOCBOT

SMI
Kanverse

Kanverse

Kanverse.ai

Categories

Categories

Data Extraction Features

Disparate Data Collection Not Supported
Document Extraction Supported
Email Address Extraction Not Supported
Image Extraction Supported
IP Address Extraction Not Supported
Phone Number Extraction Not Supported
Pricing Extraction Not Supported
Web Data Extraction Not Supported

Claims Processing Features

Adjustor Management Not Supported
Case Management Not Supported
Claim Resolution Tracking Not Supported
Co-Pay & Deductible Tracking Not Supported
Compliance Management Not Supported
Customer Management Not Supported
Electronic Claims Not Supported
Forms Management Supported
Paper-Based Claims Not Supported
Payor Management Not Supported
Policy Administration Not Supported

Data Entry Features

Abbreviation Detection Supported
Data Capture and Transfer Supported
Data Cleansing Supported
Data Entry Verification Supported
Data Search Flexibility Not Supported
Duplicate Detection Not Supported
Flexible Search Not Supported
Image Entry Not Supported
Library Conversion Not Supported
Mis-Keyed Variation Detection Not Supported
Phonetic Variation Detection Not Supported

Robotic Process Automation (RPA) Features

Analytics Not Supported
Attended Automation Supported
Code-free Development Not Supported
Image Recognition Supported
Optical Character Recognition Supported
Process Builder Not Supported
Third Party Application Integration Not Supported
Unattended Automation Supported

Integrations

ARGO Not Supported

Integrations

ARGO Supported
Claim AccuVelocity and update features and information
Claim AccuVelocity and update features and information
Claim Parascript and update features and information
Claim Parascript and update features and information