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About

Don’t reduce manual invoice data entry. Skip it entirely. Use Parashift to instantly eliminate 100% of your invoice data entry work now. No initial setup, no infrastructure, licensing or troublesome implementation. We only charge variable costs for your processed document volume. No minimal consumption is required. Start small. Thanks to an enormously scalable cloud infrastructure you can scale up or down instantly. Parashift goes beyond OCR and Data Capture. We validate extracted data for you so that you don’t have to. 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) Parashift integrates into your existing Purchase to Pay Software

About

Parserdata is an AI-powered financial data extraction and automation platform designed to eliminate tedious manual data entry by intelligently extracting key structured information from unstructured financial documents, including invoices, receipts, transaction reports, bank statements, and balance sheets, without requiring templates or manual mapping. It uses machine learning and advanced scanning technology to recognize and pull out fields like vendor details, amounts, dates, and totals, delivering clean, structured output ready for analysis or integration into accounting systems, which dramatically reduces errors and saves time previously spent on copying, pasting, and reformatting data. It prioritizes data security and compliance through encryption and is built to scale with growing volumes of documents, so teams can streamline workflows across accounts payable and reporting processes.

Platforms Supported

Windows Not 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

Platforms Supported

Windows Not 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

Enterprise organizations and software companies

Audience

Finance teams, accounts payable departments, and businesses looking for a tool to automate the extraction and structuring of financial data from documents like invoices, receipts, and bank statements

Support

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

Support

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

API

Offers API Supported

API

Offers API Supported

Screenshots and Videos

Screenshots and Videos

Pricing

No information available.
Free Version Not Supported
Free Trial Supported

Pricing

$25 per month
Free Version Supported
Free Trial Not Supported

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:

Review this Software

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:

Review this Software

Training

Documentation Supported
Webinars Supported
Live Online Supported
In Person Supported

Training

Documentation Supported
Webinars Not Supported
Live Online Not Supported
In Person Not Supported

Company Information

Parashift
Founded: 2017
Switzerland
parashift.io

Company Information

Parserdata
Founded: 2025
United States
parserdata.com

Alternatives

Tarvyx

Tarvyx

Aionys

Alternatives

ParserBee

ParserBee

Mojostack
Caelum AI

Caelum AI

Mindrops
Solvas Digitize

Solvas Digitize

Alter Domus Data Solutions Inc.
CapturePoint

CapturePoint

Ademero

Categories

Accounts Payable Supported
Data Entry Supported
Data Extraction Supported
OCR Supported

Categories

AI Tools Supported
Data Extraction Supported

Data Extraction Features

Disparate Data Collection Supported
Document Extraction Supported
Email Address Extraction Supported
Image Extraction Supported
IP Address Extraction Supported
Phone Number Extraction Supported
Pricing Extraction Supported
Web Data Extraction Supported

Accounts Payable Features

Approval Process Control Supported
Bank Reconciliation Not Supported
Cash Management Not Supported
Check Writing Not Supported
Duplicate Payment Alert Supported
Fraud Detection Supported
General Ledger Entry Not Supported
Vendor Management Not Supported

Data Entry Features

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

Electronic Data Capture Features

Audit Trail Supported
CRF Tracking Not Supported
Data Entry Supported
Data Verification Supported
Distributed Capture Supported
Document Imaging Supported
Document Indexing Supported
Forms Management Not Supported
Remote Capture Supported
Study Management Not Supported

Integrations

Axon Ivy Supported
Google Sheets Not Supported
JSON Not Supported
Microsoft Excel Not Supported
UiPath Supported
XML Not Supported

Integrations

Axon Ivy Not Supported
Google Sheets Supported
JSON Supported
Microsoft Excel Supported
UiPath Not Supported
XML Supported
Claim Parashift and update features and information
Claim Parashift and update features and information
Claim Parserdata and update features and information
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