Docparser

Docparser extracts structured data from documents including bank and credit card statements, invoices, purchase and sales orders, shipping notes, contracts, resumes, utility statements, PDF forms and Word documents. It is priced in credits corresponding to pages processed, with rates published openly rather than quoted.

Publishing a per credit rate is unusual in this category and it is genuinely useful, because document extraction cost is driven entirely by volume. A business processing two hundred invoices a month and one processing twenty thousand have completely different economics, and a rate per page lets each calculate its own cost before committing. Most competitors quote instead, which makes comparison impossible without entering a sales process.

Parsing rules are configured per document layout, which suits high volume processing of documents that arrive in consistent formats. A supplier who always sends the same invoice template is handled reliably once a rule is built, and the rule keeps working.

An AI capability has been added alongside the rule based engine, which addresses the weakness of the pure rules approach: layouts that vary or arrive unseen. The product targets accounting and bookkeeping, retail operations, data providers and ecommerce, where documents arrive continuously and manual entry is the alternative.