6 reasons why enterprises are making Parashift IDP Platform their document extraction hub

The amount of documents received by enterprises, both in digital and (still) physical form and in unstructured formats, continues to grow. The Parashift Intelligent Document Processing (IDP) platform was therefore built for all possible use cases. This makes us a strategic hub for enterprises for everything related to document classification and extraction. What are the 6 reasons why enterprises use Parashift IDP Platform?

 Enterprises use Parashift Intelligent Document Processing platform to provide their automation software with accurate document data to scale their automation initiatives across departments.

In the following, we’ll go over 6 reasons why enterprises can use the Parashift IDP platform to build more robust and comprehensive process automation.

Contents

1. Universal use case coverage

2. Seamless integration into application landscape

3. Easy use of IDP solution

4. Document Swarm Learning

5. Secure, EU-GDPR compliant solution

6. Parashift team and vision

1. Universal use case coverage

Instead of enterprises using different solutions for different use cases, as they often do today, the Parashift IDP platform gradually replaces all niche solutions. A single interface for all requirements in all business areas minimizes costs for enterprises tremendously.

• One central solution for hundreds of document types

• Many out-of-the-box solutions that are continuously being expanded

2. Seamless integration into application landscape

The IDP platform integrates seamlessly with existing enterprise application landscapes such as UiPath, SAP, M-Files, DocuWare and JobRouter. Alternatively, the Parashift IDP platform can also be integrated into a company’s own application via REST API.

• Fast time-to-value thanks to seamless integrations

3. Easy use of IDP solution

Today’s capture solutions should not be difficult to use. That’s why the Parashift Intelligent Document Processing solution is built strictly on a no-code principle. Indeed, Business analysts and IT personnel can create new use cases quickly and easily, as well as configure all relevant elements themselves.

• Thanks to the no-code principle, it has never been easier to use, customize and configure document types

• Template-free extraction platform = all document layouts can be processed

4. Document Swarm Learning

The Document Swarm Learning is Parashift’s proprietary technology that makes document extraction more and more autonomous. Document Swarm Learning enables all clients worldwide to learn from other clients’ insights without sharing data or business knowledge. See the example here.

• Document Swarm Learning for maximized learning synergies

5. Secure, EU GDPR compliant solution

World-renowned enterprises use the IDP platform and security and data protection is a top priority for Parashift. Therefore, the cloud IDP platform is of course fully EU GDPR compliant.

• More information and details about security and compliance can be found here

6. Parashift team and vision

Last but not least: Parashift’s Intelligent Document Processing platform provides enterprises with a sophisticated, powerful and future-oriented solution, backed by a great team of highly ambitious people working together towards a great vision:

“Imagine a world where document extraction is completely autonomous, super accurate, and pain-free.”

And you? What will be your reason to use Parashift Platform?

Learn more about the Parashift team and about the specific steps.