PowerFAIDS

PowerFAIDS

College Board
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+

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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.

About

PowerFAIDS is easy-to-use software that automates every task in your financial aid process. Even with the growing demand for financial aid, nothing’s too much or too complicated. PowerFAIDS is intuitive, affordable, effective, and efficient. It keeps you in compliance and generates your federal reports to meet the latest requirements. It works with your existing campus information systems and integrates with federal systems and major industry reports. It has built-in checks and balances to reduce human error. You can customize it to suit your needs. You’ll have unlimited access to comprehensive training and expert support. And PowerFAIDS is flexible enough to meet the needs of any financial aid office, large or small, public or private. Almost 700 institutions trust PowerFAIDS to manage their financial aid processes. PowerFAIDS provides more built in compliance from its initial setup than any other financial aid management system on the market today.

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

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

Audience

Organizations, schools, and parents interested in a solution to automate every task in their financial aid process

Support

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

Support

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

API

Offers API Supported

API

Offers API Supported

Screenshots and Videos

Screenshots and Videos

Pricing

$25 per month
Free Version Supported
Free Trial Not Supported

Pricing

No information available.
Free Version Not 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 Not Supported
Live Online Not Supported
In Person Not Supported

Training

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

Company Information

Parserdata
Founded: 2025
United States
parserdata.com

Company Information

College Board
Founded: 2009
United States
powerfaids.collegeboard.org/about-powerfaids

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Categories

AI Tools Supported
Data Extraction Supported

Categories

Integrations

Google Sheets Supported
JSON Supported
Microsoft Excel Supported
XML Supported

Integrations

Google Sheets Not Supported
JSON Not Supported
Microsoft Excel Not Supported
XML Not Supported
Claim Parserdata and update features and information
Claim Parserdata and update features and information
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